--- title: "Reviewing the latest methods and research for valuing the costs and benefits of climate change risk and adaptation policy" ocid: "ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e.json" source: "Contracts Finder" current_stage: "Tender" buyer: "THE COMMITTEE ON CLIMATE CHANGE" published: "2023-01-05" --- # Reviewing the latest methods and research for valuing the costs and benefits of climate change risk and adaptation policy Buyer: THE COMMITTEE ON CLIMATE CHANGE Current stage: Tender OCID: ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e.json) ## Summary The Committee On Climate Change in London has issued tender DJ-0123 titled "Reviewing the latest methods and research for valuing the costs and benefits of climate change risk and adaptation policy." The procurement falls under the research and development services category. The tender deadline is January 25, 2023, with a contract period starting on January 30, 2023, and ending on April 28, 2023. The procurement method used is an open procedure below the threshold, with a contract value ranging from £50,000 to £80,000 plus VAT. This tender by The Committee On Climate Change presents an opportunity for businesses interested in research and development services related to climate change. Small and medium-sized enterprises as well as voluntary, community, and social enterprise organisations are well-suited to compete. The unique focus on valuing climate change risks and adaptation policies makes this tender suitable for businesses looking to contribute to evidence-based policymaking in the field of climate change adaptation and mitigation. ## Notice 1 Introduction and summary of requirements / Preamble The Climate Change Committee is starting work on the 4th UK Climate Change Risk Assessment due to be published in 2026. To inform this, the CCC is tendering a project to understand the most up-to-date methodologies for valuing 1) the risk to the UK from climate change and 2) adaptation policies available to address this risk and 3) identifying the strengths and weaknesses of available approaches and where they would leave gaps. Given project timescales, the tendered work needs to be delivered by the end of April 2023, at a cost of PS50,000 - PS80,000 plus VAT. The CCC's past reports are available here: http://www.theccc.org.uk/reports The outputs from the 3rd Climate Change Risk assessment are available here: http://www.ukclimaterisk.org 2 Background The Climate Change Committee The Climate Change Committee was set up as part of the Climate Change Act. The CCC is an independent body that advises the UK and Devolved Governments on both reducing emissions in the UK and adapting to the impacts of climate changes. The UK Climate Change Risk Assessment Under the Climate Change Act 2008 (section 57), an assessment of the risks facing the UK from the current and predicted impact of climate change is required every 5 years. The CCC is responsible for providing independent advice to the UK Government to inform that assessment. The Committee has recently provided its advice to the UK Government on the risks and opportunities facing the UK from current and future climate change as part of the third Climate Change Risk Assessment (CCRA3) - this was summarised in its Independent Assessment of UK Climate Risk which was published in summer 2021. The CCC's advice on the fourth UK Climate Change Risk Assessment (CCRA4) is due for completion by June 2026. CCRA4 is aiming to consider different ways of presenting the economic consequences of climate change to the UK economy using a more integrated approach than was possible under the previous Climate Change Risk Assessments. It is also looking to consider how potential adaptation policy packages can be appraised. To inform this programme of economic analysis, the CCC is seeking to commission a creative and innovative piece of work establishing evidence on the existing methodologies adopted to-date for valuing climate impacts and appraising adaptation policy packages. Most importantly, the CCC are looking to encourage creative and innovative proposals on alternative/new methodologies to help inform the best approach and method design for the economic assessment to be used in CCRA4. *** See Specification for more information *** ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9b6fb160-ec71-485c-8ec2-6bede7d11fc3 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Goods | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 5 Jan 2023 | | Submission deadline | 25 Jan 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 30 Jan 2023 - 28 Apr 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £80,000 | | 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 | THE COMMITTEE ON CLIMATE CHANGE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 0ET | | 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 | TLI London | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services ### Codes - 73000000 - Research and development services and related consultancy services ## Release History - 5 Jan 2023 at 09:04 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9b6fb160-ec71-485c-8ec2-6bede7d11fc3 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/9b6fb160-ec71-485c-8ec2-6bede7d11fc3 5th January 2023 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/9d0a4cb9-363f-4845-84b9-88409f9c51c5 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/6cf24bda-f440-4e02-be77-15aa39026245 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/53b356e1-a6d0-43d7-973e-35404ff31e69 ## Notice URLs - http://www.theccc.org.uk/reports - http://www.ukclimaterisk.org ## 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-e74375bc-74fb-4630-8de6-1556c185cb0e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e74375bc-74fb-4630-8de6-1556c185cb0e.json.