---
title: "Provision of Value of a Life Year Research (VOLY): Lot 3 Supplementary Empirical Research"
ocid: "ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DFTC - DEPARTMENT FOR TRANSPORT"
published: "2026-07-24"
---

# Provision of Value of a Life Year Research (VOLY): Lot 3 Supplementary Empirical Research

Buyer: DFTC - DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087

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## Summary

The Department for Transport in England has awarded a contract titled "Provision of Value of a Life Year Research (VOLY): Lot 3 Supplementary Empirical Research" as of 20th July 2026. This project, valued at GBP 182,736.50, falls under the industry category of Research and Development Consultancy Services (CPV: 73200000) and aims to inform policy decisions with empirical evidence. The procurement process, positioned in the Award stage, utilised a selective method through a dynamic purchasing system, with the contract running from 1st August 2026 to 31st July 2028. The research's findings will be used by UK Government Departments, and the scope of work includes delivery in the UK as well as internationally, including the British Overseas Territories, Channel Islands, and Europe.

This tender represents a significant opportunity for research and consultancy firms specialising in economic appraisals and policy-related services, especially those adept in handling large-scale and complex empirical studies. The process was open to SMEs and VCSEs, indicating a welcoming environment for smaller and third-sector organisations looking to expand their portfolio. The collaboration with a prominent buyer like the Department for Transport can enhance a company's credibility and open doors to further governmental projects. Businesses capable of producing robust, evidence-based analysis with both national and international insights would find themselves well-positioned to benefit from such opportunities.

## Notice

This research will provide an up-to-date, robust, evidence-based values for a VOLY, WTP-QALY and VPF, with the aim of ensuring that Government economic appraisals continue to stand up to external scrutiny and provide a robust basis for informing policy decisions that will be used by UK Government Departments and Agencies.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/05d5b6ec-f900-4f3f-a8b1-4798f61b1bd4 |
| 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, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jul 2026 |
| Submission deadline | 1 May 2026 |
| Future notice date | Not specified |
| Award date | 19 Jul 2026 |
| Contract period | 31 Jul 2026 - 31 Jul 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £182,736 |
| Lots value | Not specified |
| Awards value | £182,736 |
| 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 | DFTC - DEPARTMENT FOR TRANSPORT |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 4DR |
| 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 | Vincent Square |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73200000 - Research and development consultancy services

## Release History

- 24 Jul 2026 at 10:24 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/05d5b6ec-f900-4f3f-a8b1-4798f61b1bd4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/05d5b6ec-f900-4f3f-a8b1-4798f61b1bd4
  24th July 2026 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/40593a82-5eff-42ff-aa05-b0117de156b3
  n/a

## 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-d3e6423a-1695-43a4-93c5-9929fb6c9087. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d3e6423a-1695-43a4-93c5-9929fb6c9087.json.
