---
title: "Provision of Value of a Life Year Research (VOLY): Lot 4 Peer Review"
ocid: "ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DFTC - DEPARTMENT FOR TRANSPORT"
published: "2026-07-24"
---

# Provision of Value of a Life Year Research (VOLY): Lot 4 Peer Review

Buyer: DFTC - DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3

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## Summary

The Department for Transport (DfTc) has awarded a contract for the 'Provision of Value of a Life Year Research (VOLY): Lot 4 Peer Review' to the University of Warwick. This procurement process, categorised under research and development services, has been completed, with the award announced on 24th July 2026. The contract will run from 1st August 2026 to 31st July 2028. The contract is valued at £74,008 GBP and was procured via a call-off from a dynamic purchasing system using a selective procurement method. The research aims to provide updated values for economic appraisals to assist UK Government Departments and Agencies, covering regions including the United Kingdom, Europe, and other specified areas.

This tender offers opportunities especially for businesses specialising in research and consultancy services related to economic appraisal methodologies. Enterprises of various sizes, including SMEs and VCSEs, would have been suitable contenders due to the procurement's inclusive suitability criteria. Winning similar tenders can be particularly beneficial for businesses aiming to expand within the public sector, especially those with competencies in delivering high-standard academic and consultancy outputs that withstand external scrutiny. The involvement of a substantial institution like the University of Warwick highlights the expertise required and the potential for business growth through collaborative efforts in this procurement domain.

## Notice

This research will provide an up-to-date, robust, evidence-based values for a VOLY, WTP-QALY and VPF, with the aim of ensuring that Government economic appraisals continue to stand up to external scrutiny and provide a robust basis for informing policy decisions that will be used by UK Government Departments and Agencies.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f6c97672-eef4-4fb8-98b3-0b40dcda252a |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jul 2026 |
| Submission deadline | 1 May 2026 |
| Future notice date | Not specified |
| Award date | 19 Jul 2026 |
| Contract period | 31 Jul 2026 - 31 Jul 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £74,008 |
| Lots value | Not specified |
| Awards value | £74,008 |
| 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 | DFTC - DEPARTMENT FOR TRANSPORT |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 4DR |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Vincent Square |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | UNIVERSITY OF WARWICK |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 24 Jul 2026 at 10:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f6c97672-eef4-4fb8-98b3-0b40dcda252a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f6c97672-eef4-4fb8-98b3-0b40dcda252a
  24th July 2026 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/fcd351c2-24f6-4dcc-8635-42c8144d5096
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2666194e-f67f-4979-abe2-86dd8f4133c3.json.