---
title: "Reference Class Forecasting - Case Studies"
ocid: "ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR WORK AND PENSIONS"
published: "2023-12-12"
---

# Reference Class Forecasting - Case Studies

Buyer: DEPARTMENT FOR WORK AND PENSIONS  
Current stage: Award  
OCID: ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e

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## Summary

The Department for Work and Pensions has awarded a contract for the project titled "Reference Class Forecasting - Case Studies" to Oxford Global Projects UK Limited, with a value of £30,000. This procurement falls under the IT services category and was carried out as a direct procurement method using a Single tender action. The tender period ended on December 4, 2023, with a contract period starting on December 6, 2023, and ending on January 31, 2024. The location of the procurement process is in London, England.

This contract presents an opportunity for businesses involved in IT services, consulting, software development, and internet support to engage with the Department for Work and Pensions. Companies well-suited to compete would need expertise in providing business process services related to IT projects. The awarding of this contract signifies a completion stage in the procurement process, offering potential vendors a chance to contribute to the Programme's goal of enhancing business case development and major investment decision-making through real-world case studies.

## Notice

A Reference Class Forecast (RCF) has recently been conducted for the Synergy Programme by Oxford Global Projects. A Reference Class Forecast (RCF) was recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business cases to underpin major investment decisions. Oxford Global Projects developed two types of reference class forecast: RCF for the overall Programme - based on similar, past projects in the UK (United Kingdom) and elsewhere; and a tailored RCF based on the different elements of the Programme. Following the conclusion of the Reference Class Forecast the Programme is now seeking a qualitative review and deep dive of the best and the worst performing Business Process Services (BPS) IT projects in the reference class. As part of this engagement Oxford Global Projects have agreed to provide access to up to 5 case studies at a cost of PS30,000. A minimum of 3 case studies has been agreed on; and in the event the Programme only chooses to access 3 of the 5 case studies available the Programme will only incur the cost of 3 which is PS21,000.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/26dde0db-995f-4650-9d97-295f0b64e981 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Dec 2023 |
| Submission deadline | 4 Dec 2023 |
| Future notice date | Not specified |
| Award date | 6 Dec 2023 |
| Contract period | 6 Dec 2023 - 31 Jan 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £30,000 |
| 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 | DEPARTMENT FOR WORK AND PENSIONS |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 9NA |
| 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 | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OXFORD GLOBAL PROJECTS |

## CPV Codes

### Divisions

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

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 12 Dec 2023 at 15:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/26dde0db-995f-4650-9d97-295f0b64e981

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/26dde0db-995f-4650-9d97-295f0b64e981
  12th December 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/1bffb990-a77f-4f29-a4f6-7ab5a565b66c
  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-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4034b93c-ebf3-48af-8d55-91ae93c78a2e.json.