---
title: "Understanding the links between economic development and flood risk investment"
ocid: "ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEFRA NETWORK ETENDERING PORTAL"
published: "2023-01-30"
---

# Understanding the links between economic development and flood risk investment

Buyer: DEFRA NETWORK ETENDERING PORTAL  
Current stage: Award  
OCID: ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4

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## Summary

The procurement process involves a tender titled "Understanding the links between economic development and flood risk investment" undertaken by the Defra Network eTendering Portal. The project focuses on researching the impact of flood risk management and water environment improvement projects on economic growth. The tender, classified under research and development consultancy services, is at the award stage, and the contract period runs from 30th January 2023 to 31st October 2023 in London, United Kingdom.

This procurement opportunity, suited for SMEs and VCSEs, offers a chance to contribute to developing methodologies for measuring the economic impact of flood risk management projects. Businesses in research and development consultancy services will find this tender particularly relevant. The open procurement method provides an avenue for suppliers like Frontier Economics to engage in the project and potentially benefit from the £99,590 contract awarded on 15th November 2022.

## Notice

This project will undertake research on how flood risk management and water environment improvement projects can impact local/national economic growth. It will develop a theory of change and methodology to include local and possibly national economic growth in Environment Agency business cases. This project will collate evidence and produce methodologies to enable robust and consistent presentation of economic growth impacts from flood risk management and water environment improvement projects. The intention is to include this in business case guidance for future capital projects. The objectives are to: - Create a methodology to measure the impact of flood and coastal erosion risk and water environments on existing businesses. - Create and compile evidence on impact of flood risk management and water environment improvement projects on local growth and national growth. - Produce a proportionate, 2020 Green Book compliant methodology for use in project business cases to quantify and present local growth benefits and, if appropriate, national economic benefits. This requires understanding of substitution, displacement and leakage.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2c9356d0-4e21-44a2-9387-8ab1f35af821 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Jan 2023 |
| Submission deadline | 23 Sep 2022 |
| Future notice date | Not specified |
| Award date | 15 Nov 2022 |
| Contract period | 30 Jan 2023 - 31 Oct 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £99,590 |
| 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 | DEFRA NETWORK ETENDERING PORTAL |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3JR |
| 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 | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FRONTIER ECONOMICS |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73200000 - Research and development consultancy services

## Release History

- 30 Jan 2023 at 12:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2c9356d0-4e21-44a2-9387-8ab1f35af821

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2c9356d0-4e21-44a2-9387-8ab1f35af821
  30th January 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/c83f0aa2-8ab7-49e3-a2ea-b9c3ede6965c
  n/a
- https://defra.bravosolution.co.uk
  Link to eSourcing Portal

## 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-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5b592839-a966-43a9-9dd2-aa5fcb17b9d4.json.