---
title: "Social and Economic Understanding of Marine Natural Capital"
ocid: "ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT OF FARMING AND RURAL AFFAIRS"
published: "2024-02-14"
---

# Social and Economic Understanding of Marine Natural Capital

Buyer: DEPARTMENT OF FARMING AND RURAL AFFAIRS  
Current stage: Award  
OCID: ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100

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## Summary

The Department of Farming and Rural Affairs has awarded a contract for the project "Social and Economic Understanding of Marine Natural Capital". The contract, valued at £49,749 in GBP, falls under the CPV category of Research and development consultancy services. The procurement method used was a direct Single tender action (below threshold). The contract period spans from 23rd January 2024 to 31st March 2024, with the tender deadline set for 22nd January 2024. The project location includes various regions such as the United Kingdom, British Oversea Territories, Channel Islands, Europe, Isle of Man, and the Rest of the World.

This tender process, initiated as a tender, can provide business growth opportunities for organisations specializing in research and development consultancy services, particularly in the marine natural capital sector. Businesses capable of independently auditing marine natural capital data collection and valuation approaches will find this tender well-suited for their expertise. With a focus on social and economic values tied to UK's marine natural capital, successful bidders can contribute to shaping priorities for marine natural capital initiatives in the upcoming financial year and beyond.

## Notice

This contract will help to provide a whole system understanding of social and economic marine natural capital data collection and valuation approaches by independently auditing mNCEA program outputs and plans across proof of concept, Year 1, Year 2, and Year 3.The project will build on this audit with an assessment of the external landscape of social and economic values tied to the UK's marine natural capital with an aim better shape priorities for mNCEA in 24/25 FY and beyond.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aea5ea73-721b-46f2-a41f-e7666d23813b |
| 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 | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Feb 2024 |
| Submission deadline | 22 Jan 2024 |
| Future notice date | Not specified |
| Award date | 23 Jan 2024 |
| Contract period | 23 Jan 2024 - 31 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £49,749 |
| Lots value | Not specified |
| Awards value | £49,749 |
| 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 OF FARMING AND RURAL AFFAIRS |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PLYMOUTH MARINE LABORATORY |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73200000 - Research and development consultancy services

## Release History

- 14 Feb 2024 at 15:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/aea5ea73-721b-46f2-a41f-e7666d23813b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/aea5ea73-721b-46f2-a41f-e7666d23813b
  14th February 2024 - 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-a184f8a5-a07a-422b-939a-c92a0471c100. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a184f8a5-a07a-422b-939a-c92a0471c100.json.