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CDC Economic Modelling

DEPARTMENT FOR WORK & PENSIONS

This public procurement record has 1 release in its history.

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31 Jul 2026 at 13:40

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Work & Pensions, based in London, has completed the procurement process for a contract titled "CDC Economic Modelling". This investigation falls under research services, focusing on economic modelling using stochastic models to evaluate Collective Defined Contribution schemes in the UK's pension landscape. The procurement method was direct, below the threshold and executed without competition. The project began on 28th July 2026 and is set to conclude on 24th February 2027, with the contract officially signed on the start date. The primary location of this contract is London, within the UK region UKI32.

This tender presents an opportunity for large-scale organisations involved in research services, especially those with expertise in economic modelling and consultancy in the pension sector. With a contract value of £66,000 gross, this project could bolster the reputation of firms like the current supplier, Pensions Policy Institute, which successfully secured the contract. The project offers a platform for businesses to demonstrate their analytical capabilities in the public sector domain and form valuable connections with a significant government department.

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Notice Information

Notice Title

CDC Economic Modelling

Notice Description

The methodology for this research is economic modelling using stochastic models to explore the benefits and challenges of a new pension type in the UK, Collective Defined Contribution schemes (CDCs).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d8ff
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/072779-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£55,000 Under £100K

Notice Dates

Publication Date
31 Jul 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Jul 20261 weeks ago
Contract Period
27 Jul 2026 - 24 Feb 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR WORK & PENSIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 9NA
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PENSIONS POLICY INSTITUTE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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