--- title: "Economic Markets Foresight Analysis" ocid: "ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea.json" source: "Contracts Finder" current_stage: "Tender" buyer: "NORTH TYNESIDE COUNCIL" published: "2020-12-11" --- # Economic Markets Foresight Analysis Buyer: NORTH TYNESIDE COUNCIL Current stage: Tender OCID: ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea.json) ## Summary The North Tyneside Council is seeking a qualified contractor to undertake an Economic Markets Foresight Analysis aimed at enhancing competitive advantage and productivity for the North East region of England. This tender, with a budget of £95,000, is classified under business and management consultancy services (CPV code: 79400000). It is currently in the Active stage of procurement, with the tender period set to close on 15 January 2021. The contract is expected to begin on 22 February 2021 and conclude on 17 September 2021. This procurement opportunity presents a significant avenue for businesses specialising in consultancy services, particularly those experienced in economic analysis, innovation strategies, and market research. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to apply, as the initiative aims to leverage local strengths in response to evolving global markets. Companies that can demonstrate expertise in adapting to economic shifts and fostering regional growth will be in a strong position to compete for this contract. ## Notice The North East Local Enterprise Partnership (North East LEP) is committed to creating competitive advantage and improving productivity for the North East region by developing and realising the potential of its strengths and assets in relation to changing global markets (emergent industries, sectors, and cross-sector technologies and other capabilities). Global economic, technological, social, environmental, political and legal drivers of change and global trends have accelerated industrial, economic and social shifts across the world in recent years. In addition to the long-term market changes which are being inculcated in response to drivers such as climate and demographic change and the longer-term disruption that is anticipated by EU transition, the pace of change has rapidly increased during 2020 in response to the coronavirus pandemic. There is now a discernable rethinking of the roles of localisation and internationalisation of economic activity and this is affecting the structure of global value chains and the roles and economies of places. Economic growth is faltering. Climate change concerns are keenly felt. There has been significant and accelerated change in the adoption of digital technologies, in health and wellness. Attitudes and individual behaviours have shifted with respect of working and social activities. We believe that these and other changes bring significant opportunities for innovation and growth in North East England's economy. Preparation and action for such opportunities require us to: * Understand how well the region's industries, research assets and technologies are positioned in relation to new or nascent market opportunities that emerge from these drivers * Identify key actions and approaches to innovation and transformation that should be deployed in order to maximise the economic prospects arising from emergent market opportunities * Consider the potential role of the wider regional eco-system in supporting transformation with respect of these opportunities. The North East LEP wishes to appoint an appropriately qualified Contractor to undertake an independent Economic Markets Foresight Analysis in the context of the North East LEP region of North East England, UK. The project is focused on the evolution of the North East LEP economy in the context of changing global markets and trends. It will probe deeply into how the global drivers of change and future trends will dominate the national and international economies and to examine how our region can prosper from innovation and economic activity in the associated new or nascent markets. The project will be used by the North East LEP to understand further, and as far as possible within time and budget constraints, which industrial or economic markets to prioritise in the short, medium and longer-term , how to realise such growth opportunities, and the critical threats that could be avoided through action in the present. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bc10b086-8dc6-4afd-a87c-a99873d0d7a4 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Other - | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Dec 2020 | | Submission deadline | 15 Jan 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 22 Feb 2021 - 17 Sep 2021 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £95,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NORTH TYNESIDE COUNCIL | | Locality | NORTH TYNESIDE | | Post town | Newcastle upon Tyne | | Postcode | NE27 0BY | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | North Tyneside | | Electoral ward | Shiremoor | | Westminster constituency | Cramlington and Killingworth | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79400000 - Business and management consultancy and related services ## Release History - 11 Dec 2020 at 10:37 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bc10b086-8dc6-4afd-a87c-a99873d0d7a4 - 20 Nov 2020 at 14:17 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f03a4455-3473-4492-b87b-cfcd1f97fc51 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/bc10b086-8dc6-4afd-a87c-a99873d0d7a4 11th December 2020 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/f03a4455-3473-4492-b87b-cfcd1f97fc51 20th November 2020 - Opportunity notice on Contracts Finder - https://procontract.due-north.com Tender documents can be accessed via https://procontract.due-north.com - reference DN509820 ## Notice URLs - http://www.northtyneside.gov.uk/ ## 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-d0def929-3e46-41ec-84c8-58d2a96de5ea. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d0def929-3e46-41ec-84c8-58d2a96de5ea.json.