---
title: "(NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation"
ocid: "ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "NEWCASTLE UNIVERSITY"
published: "2023-05-16"
---

# (NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Tender  
OCID: ocds-b5fd17-e03728a1-d16e-444f-9e52-13b07bdbf3b7

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## Summary

Newcastle University has issued a tender titled "(NU/1920) Health Innovation Neighbourhood (HIN): Economic & Social Impact Evaluation" within the business and management consultancy and related services category. The procurement process is currently in the tender stage, with a contract value of £50,000 GBP. The tender deadline is on May 26, 2023, and the contract period is scheduled from June 25, 2023, to July 7, 2023. The delivery address for this opportunity is in England, United Kingdom.

This tender from Newcastle University for an Economic & Social Impact Evaluation offers business growth opportunities particularly suited for consultancy and services firms. Small and medium enterprises (SMEs) are welcome to compete for this tender. The evaluation focuses on areas such as economic impact, public benefit, and value for money assessment, providing a chance for businesses to showcase their expertise in these domains. Businesses that can offer innovative solutions for socio-economic challenges are encouraged to participate in this tender process.

## Notice

Section 19 of the application form (attached for reference) requires: an Economic impact, public benefit and value for money assessment including description of how the proposed infrastructure and research will generate sustained socio-economic returns from the UKRPIF investment. The response could include, but is not limited to: i. Translation and commercialisation of research (e.g., new IP; spinouts) ii. Benefits to industry (from SMEs to large-scale multinational companies) iii. Benefits to society iv. Contributions to local economic growth v. Job creation vi. Attracting foreign direct investment (FDI) Newcastle University requires an assessment that, in compliance with the application process and technical guidance which: Ensures the application satisfies, in full, the requirements for question 19. Provides all information and methodologies utilised or developed to Newcastle University for record, appraisal & audit scrutiny. Assessment may include statements including: Evidence demonstrating scale and significance of local problems & issues Quality assurance of data analysis and evidence Quantifiable impacts using a suitable model Methodologies to support assumptions Economic costs of the proposal Analysis of monetised costs and benefits Benefit Cost Ratios (BCR) Description of non-monetised impacts Value for money Proposed metrics to support monitoring & evaluation metrics As question 19 is the question in relation to economic impact, public benefit and VfM we anticipate that the scope of work will be lighter touch at this application stage i.e., work will be in line with the expectations of the overall application form and process. There is a restriction of page length for the application of 24 pages (template equals 12 pages) thus we estimate a 500-word count per question. If successful then there will be a further option to undertake a longitudinal evaluation to evidence assessment assumptions, methodology and impacts during the activity delivery period (post-build).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d2cbd6b6-1c1c-442d-abf7-7131d3386695 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 May 2023 |
| Submission deadline | 26 May 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 24 Jun 2023 - 7 Jul 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| 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 | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 8ER |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| 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

- 16 May 2023 at 12:20 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/d2cbd6b6-1c1c-442d-abf7-7131d3386695

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d2cbd6b6-1c1c-442d-abf7-7131d3386695
  16th May 2023 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=6dff7e6e-e2f3-ed11-8122-005056b64545
  Advert

## Notice URLs

- https://www.ncl.ac.uk

## Provenance

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