---
title: "Provision of Economic Impact Assessment for Falmouth University"
ocid: "ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FALMOUTH EXETER PLUS"
published: "2022-02-11"
---

# Provision of Economic Impact Assessment for Falmouth University

Buyer: FALMOUTH EXETER PLUS  
Current stage: Award  
OCID: ocds-b5fd17-090542fd-acd6-413b-8d9a-e2f2bb70c54b

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## Summary

Falmouth University, through Falmouth Exeter Plus, has completed the procurement process for a contract titled "Provision of Economic Impact Assessment for Falmouth University." This tender aimed at assessing the university's economic impact on Cornwall and beyond is classified under business services, specifically consulting. The procurement method used was an open procedure below the threshold, with the tender period concluding on 21 August 2020. The contract, valued at £26,696, commenced on 5 October 2020, and will run until 6 October 2021. Interested parties could submit queries until mid-day on 19 August 2020.

This tender presents a significant opportunity for consulting firms, especially those specialising in economic assessments and impact analysis, to engage with a prominent education institution. Businesses that can showcase their expertise in quantifying socio-economic impacts, local supply chain engagement, and nationwide economic contributions would be particularly well-suited to compete for such contracts. Small and medium-sized enterprises (SMEs) are encouraged to participate, making this an accessible opportunity for innovative consulting firms that deliver value to higher education institutions.

## Notice

Falmouth University requires the services of a consultant to undertake a new piece of work to assess its impact on the economy of Cornwall. The successful tenderer will demonstrate the proposed methodology for quantifying Falmouth University and relevant FX Plus activity's impact on the local economy, using measures including but not limited to: * The economic activity directly generated by Falmouth University and associated FX Plus activity. * The activity supported by the University's staff and those employed in its direct supply chain. * The employment and activity that is supported through the university's supply chain, as a result of its purchasing of goods and services from local suppliers. * The wider benefits of the university's activities, including: o Local spending by Falmouth Univeristy's students and those that visit them o Capital expenditure undertaken by the University and FX Plus o Student and staff consultancy activity o IP income generated by the University o Economic activity generated by the University's graduate spin-off companies, staff start-ups, business support, knowledge exchange/transfer activities, including the impact on human capital. * Although the focus for this economic impact assessment is to measure the University's impact on the local economy, Falmouth has expanded its online course provision and is increasingly working with national partners to develop and enhance its offer to students. The successful tenderer is therefore expected to provide a high-level assessment of the University's economic impact at a national level. Additional information: c. The complete ITT should be uploaded in a common electronic format such as PDF, Word, Excel or PowerPoint), including technical literature via the procurement portal https://in-tendhost.co.uk/universityofexeter/aspx/Home. ITT made available to Bidders Monday 20 July 2020. Date by which Bidders will need to submit clarifications (if raised) Wednesday 19 August 2020 at 12.00pm mid-day. Deadline for receipt of Tender Friday 21 August 2020 at 12.00pm mid-day. Shortlisted bidders stage 2 notified By Monday 07 September 2020. Stage 2 presentation Week commencing 21 September 2020. Preferred bidder chosen (subject to contract) By Wednesday 30 September 2020. Contract Start By Monday 05 October 2020.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2092da03-01c8-40b0-8977-6c195518ea8a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Feb 2022 |
| Submission deadline | 21 Aug 2020 |
| Future notice date | Not specified |
| Award date | 23 Sep 2020 |
| Contract period | 4 Oct 2020 - 6 Oct 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £26,696 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FALMOUTH EXETER PLUS |
| Locality | PENRYN |
| Post town | Truro |
| Postcode | TR10 9FE |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK3 Cornwall and Isles of Scilly |
| ITL 3 | TLK30 Cornwall and Isles of Scilly |
| Local authority | Cornwall |
| Electoral ward | Constantine, Mabe & Mawnan |
| Westminster constituency | Camborne and Redruth |
| Delivery location | TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HATCH REGENERIS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 11 Feb 2022 at 15:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2092da03-01c8-40b0-8977-6c195518ea8a
- 21 Jul 2020 at 12:33 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5a7c4fa0-dd3e-4423-b47f-eafb4941e619

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2092da03-01c8-40b0-8977-6c195518ea8a
  11th February 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/5a7c4fa0-dd3e-4423-b47f-eafb4941e619
  21st July 2020 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b41e2032-8f85-4d77-a93f-219fe9b98e96
  ITT
- https://in-tendhost.co.uk/universityofexeter/aspx/Home
  e-TENDERING PORTAL

## Notice URLs

- http://www.falmouth.ac.uk

## Provenance

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