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Provision of a Macroeconomic Model

Scottish Government

This public procurement record has 2 releases in its history.

Award

23 Jun 2022 at 01:00

OJEU - F3 - Contract Award Notice
Tender

24 Feb 2022 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The Scottish Government is currently in the award stage of a procurement process for the "Provision of a Macroeconomic Model," aimed at enhancing economic scenario analysis and forecasting. Located in Glasgow, UK, this procurement falls under the services industry category and involves a public tendering method. The contract, valued at £578,840.28, was signed on 14th June 2022, with related documents available for reference. The procurement has previously been through the planning phase, beginning with its announcement in early 2022.

This opportunity presents a significant potential for businesses specialising in economic modelling and forecasting services. Companies with experience in macroeconometric analysis, particularly those equipped to provide detailed economic insights for the UK market, are well-suited to compete. The contract encourages growth for small and medium enterprises (SMEs) and those capable of delivering comprehensive analytical models, contributing to the Scottish Government’s policy development and economic strategy.

How relevant is this notice?

Notice Information

Notice Title

Provision of a Macroeconomic Model

Notice Description

The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes.

Lot Information

Lot 1

The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The contract may be extended by an additional 4 x 12 month periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000683287
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN452026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72211000 - Programming services of systems and user software

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£578,840 £500K-£1M

Notice Dates

Publication Date
23 Jun 20224 years ago
Submission Deadline
28 Mar 2022Expired
Future Notice Date
Not specified
Award Date
14 Jun 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

National Institute of Economic and Social Research

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB441714
    Provision of a Macroeconomic Model - The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN452026
    Provision of a Macroeconomic Model - The Scottish Government's Office of the Chief Economic Adviser (OCEA) is seeking to commission a macroeconometric model for Scotland for economic scenario analysis and macroeconomic forecasting for both Scotland and the rest of the UK. This is part of enhancing and maintaining OCEA's analytical capacity and will build on the suite of existing models that OCEA currently has access to. The outputs from the Model will be used to inform policy development in the Scottish Government, support Scottish Ministers and will be incorporated into the broader analysis of the Scottish economy that OCEA publishes.

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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