--- title: "PS26159 - RAF002/2627 - Carbon Markets Model - Methodological Review" ocid: "ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9.json" source: "Contracts Finder" current_stage: "Award" buyer: "Department for Energy Security & Net Zero" published: "2026-09-23" --- # PS26159 - RAF002/2627 - Carbon Markets Model - Methodological Review Buyer: Department for Energy Security & Net Zero Current stage: Award OCID: ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9.json) ## Summary The Department for Energy Security and Net Zero (DESNZ) commissioned specialist research to review the theory and methodology behind its carbon markets model. The work is intended to identify ways to improve the methods used to evaluate carbon value trajectories, which underpin the department’s modelling, and to support an R&D project. This is research and analytical work rather than the delivery of carbon credits or market trading services. The requirement is categorised as research services (CPV 73110000). Delivery is described as covering the United Kingdom and a wide range of overseas locations, including Europe, the Channel Islands, the Isle of Man and the rest of the world. The procurement is complete and the contract was awarded to NERA UK LIMITED on 1 September 2026. The award is valued at £29,631.15. The contract period runs from 21 September to 18 December 2026. DESNZ ran a mini-competition through the Government Commercial Agency’s Research & Insights Dynamic Purchasing System (RM6126), a selective call-off route. Bids were due by 5 August 2026. The tender was identified as suitable for small and medium-sized enterprises and not for voluntary, community or social enterprises. No lots are identified. The published information describes the work but does not set out specific evaluation criteria or bidder qualification requirements. This award demonstrates demand from DESNZ for specialist external research into carbon-market modelling, particularly the theory and methods used to assess carbon value trajectories. A credible competitor for a similar requirement would need researchers able to scrutinise modelling assumptions and methodology, assess how carbon values change over time, and translate findings into practical improvements to analytical approaches. Experience relevant to carbon markets, economic or policy modelling, and research and development would be pertinent to the scope. The contract was awarded through a mini-competition under a research and insights dynamic purchasing system, so familiarity with competing for public-sector research call-offs would help a supplier engage effectively with this route. The published requirement identifies SME suitability, indicating that the work was not confined to large suppliers. ## Notice ***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the GCA RM6126 Research & Insights DPS Brief Description of Requirement A theory and methodology review by an external specialist researcher(s) to provide an opportunity to improve current methods of evaluating carbon value trajectories which underpin our modelling creating an R&D project. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/639a04aa-14fd-41a8-b816-cc8cc744a141 | | 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 | | Awardee scale | SME | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Sep 2026 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 1 Sep 2026 | | Contract period | 21 Sep 2026 - 18 Dec 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £29,631 | | Lots value | Not specified | | Awards value | £29,631 | | 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 Energy Security & Net Zero | | Locality | SWINDON | | Postcode area | Swindon | | Postcode | SN2 1FF | | 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 | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | NERA UK Limited | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services ### Codes - 73110000 - Research services ## Release History - 23 Sep 2026 at 09:29 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/639a04aa-14fd-41a8-b816-cc8cc744a141 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/639a04aa-14fd-41a8-b816-cc8cc744a141 23rd September 2026 - Awarded contract notice on Contracts Finder ## 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-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8a0a6244-ef28-4e48-9708-ebe8e75ec8f9.json.