---
title: "UK SBS FWRECR17118BEIS - The Impacts of Commercial Property"
ocid: "ocds-b5fd17-860e525b-f9e9-44db-8a34-2f60b89e510e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-860e525b-f9e9-44db-8a34-2f60b89e510e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-860e525b-f9e9-44db-8a34-2f60b89e510e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-860e525b-f9e9-44db-8a34-2f60b89e510e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK SHARED BUSINESS SERVICES LIMITED"
published: "2017-11-07"
---

# UK SBS FWRECR17118BEIS - The Impacts of Commercial Property

Buyer: UK SHARED BUSINESS SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-860e525b-f9e9-44db-8a34-2f60b89e510e

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## Summary

The procurement process, titled "UK SBS FWRECR17118BEIS - The Impacts of Commercial Property," is conducted by UK Shared Business Services Limited, aiming to address an evidence gap on the impact of commercial property investments on local labour markets and productivity. The contract, classified under Research and Development Consultancy Services, was awarded on 2nd November 2017, with a total value of £89,435. The contract period runs from 3rd November 2017 to 30th March 2018, with delivery expected in London, United Kingdom. The tender process followed an "Other - Research and Evaluation Framework" methodology and is currently in the Award stage.

This tender presents significant opportunities for businesses engaged in economic research and consultancy services, particularly those with expertise in evaluating the impact of commercial properties on local economies. Suitable competitors may include small and medium-sized enterprises that specialise in market analysis, economic assessments, or geographical studies. By engaging in this contract, businesses stand to contribute to insights that could guide future policy decisions and projects aimed at enhancing local economic growth across the UK.

## Notice

To address an evidence gap on the impact of commercial property investments on local labour markets in general, and productivity more specifically. This research will provide evidence on whether there are any impacts on local labour markets and productivity, as well as further positive external benefits as a result of new developments. The outputs of this research will support the work of BEIS and the Unit. The outputs will be used to improve economic appraisals involving commercial property. Estimates on the impacts of commercial property interventions will be used in the building and appraising of business cases for spatial interventions for the Unit. These estimates can also be used to support the appraisal of future BEIS policies where site development is a main element of the intervention. The evidence generated will feed into any policies with a site development element, contributing to a wide range of work streams. These include, for example, supporting the building of new manufacturing plants and (potentially) the geographical placement of new innovation hubs. This study also complements the current work on the impact of incubators and accelerators in the UK, contributing by taking a different (micro-level) perspective. Work is required to provide estimates on the impact of new commercial property on labour markets for use within economic appraisals. This is of particular interest for the Unit's work on devolution, Enterprise Zones and Growth Hubs, as well as the Department's on-going work in assessing the impact of incubators and accelerators. These programmes aim to promote local economic growth as a way of raising prosperity in all parts of the UK, and clearly can have an effect on local labour markets. The area is also clearly of significant importance for BEIS considering the current work aimed at improving the Department's appraisal guidance, and the on-going discussions with Her Majesty's Treasury and DCLG about employment assumptions around new property developments. Objectives 1. To produce estimates on the impact on firm turnover and employee wages from new commercial properties. 2. To explore the role of new commercial property for driving local economic growth, local labour markets, and productivity more generally, by testing over different spatial units. 3. To support on-going work on the impact of accelerators and incubators in UK economy. The study should primarily test for any impacts at the firm level, by different types of development if possible, and then for impacts over varying distances / geographical units to identify any issues such as displacement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3c12f4f8-ba2f-4c91-96c1-028adfd81be6 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Research and Evaluation Framework |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Nov 2017 |
| Submission deadline | 13 Oct 2017 |
| Future notice date | Not specified |
| Award date | 2 Nov 2017 |
| Contract period | 3 Nov 2017 - 30 Mar 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £95,000 |
| Lots value | Not specified |
| Awards value | £89,435 |
| 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 | UK SHARED BUSINESS SERVICES LIMITED |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1ET |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAMBRIDGE ECONOMETRICS |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 73200000 - Research and development consultancy services
- 79300000 - Market and economic research; polling and statistics

## Release History

- 7 Nov 2017 at 11:54 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3c12f4f8-ba2f-4c91-96c1-028adfd81be6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3c12f4f8-ba2f-4c91-96c1-028adfd81be6
  7th November 2017 - Awarded contract notice on Contracts Finder

## Provenance

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