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Cost Benefit Analysis for competing Great Western Mainline track access applications - Independent Audit

OFFICE OF RAIL AND ROAD

This public procurement record has 1 release in its history.

Tender

06 Aug 2026 at 13:28

UK4 - Tender Notice
Summary of the contracting process

The Office of Rail and Road is procuring an independent audit of the cost-benefit analysis supporting competing Great Western Main Line track access applications. The work will review the assumptions, methodology, calculations and outputs of demand and revenue forecasts, providing assurance that the analysis is robust and suitable for informing the regulator’s decisions. This is a research and development consultancy service, with delivery across the United Kingdom. The requirement is relevant to consultancies and specialist advisers experienced in independent assurance, economic appraisal, demand forecasting, revenue modelling and transport or rail-sector analysis. It concerns analytical review and decision support rather than construction, operational rail services or physical supply.

The procurement has reached tender: the Office of Rail and Road invited offers through a below-threshold open competition. It comprises one lot, with a contract period from 7 September 2026 to 12 October 2026. Enquiries must be submitted by 20 August 2026 at 17:00, and tenders by 3 September 2026 at 17:00. The estimated value is £40,000 excluding VAT, or £48,000 including VAT. Evaluation is based on experience (30%), methodology (25%), delivery (25%) and cost or value for money (20%). Bids may be submitted electronically through the buyer’s e-tendering portal. The opportunity is suitable for UK suppliers, including small and medium-sized enterprises and voluntary, community and social enterprises.

This opportunity suits an independent consultancy, economic adviser, rail specialist or multidisciplinary team able to scrutinise complex demand and revenue forecasts and cost-benefit analysis. Strong candidates will be able to test analytical assumptions, assess methodology, replicate or challenge calculations, review outputs and explain whether the evidence is robust enough to support regulatory decision-making. Relevant experience in transport economics, rail access, forecasting, economic appraisal, assurance or independent audit will help suppliers address the evaluation criteria, particularly experience, methodology and delivery. The work is compact and focused, making it potentially suitable for smaller specialist firms as well as larger consultancies. Suppliers should be comfortable delivering a clear, evidence-based assurance report within the defined contract period.

How relevant is this notice?

Notice Information

Notice Title

Cost Benefit Analysis for competing Great Western Mainline track access applications - Independent Audit

Notice Description

ORR wishes to procure an independent audit of the assumptions, methodology, calculations and outputs of the demand & revenue forecasting and cost-benefit analysis to provide assurance on the robustness and suitability of the analysis for informing ORR's decision-making.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ddbd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/074732-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
£40,000 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20262 months ago
Submission Deadline
3 Sep 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
7 Sep 2026 - 12 Oct 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OFFICE OF RAIL AND ROAD
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
E14 4QZ
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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