---
title: "Mayor Fares - Economist"
ocid: "ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WEST YORKSHIRE COMBINED AUTHORITY"
published: "2023-12-05"
---

# Mayor Fares - Economist

Buyer: WEST YORKSHIRE COMBINED AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c

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## Summary

The West Yorkshire Combined Authority has successfully awarded a contract for the provision of economic consulting services related to Mayor Fares. The contract was awarded to Deloitte LLP for a value of £21,000. The procurement method used was a selective procedure under the main procurement category of services. The contract period is from September 1, 2023, to February 29, 2024. The tender period ended on July 26, 2023, with the contract period starting on July 27, 2023, and ending on July 28, 2023. The project is located in Leeds, LS1 2DE, United Kingdom, and falls under the industry category of Corporate finance and venture capital services.

This contract presents an opportunity for consulting firms specialising in corporate finance and venture capital services to grow their business. The procurement process reached the award stage on August 29, 2023, paving the way for Deloitte LLP to provide economic consulting services to support the reimbursement of bus operators for Mayor Fares. External support is required to define, develop, and implement economic principles for reimbursement rates in accordance with the legal agreement. Businesses with expertise in economic consulting, financial modelling, and engagement with transportation authorities would be well-suited to compete for similar contracts in the future.

## Notice

The Combined Authority is seeking external support to assist in defining, developing and implementing economic principles for reimbursement of bus operators for the capped bus fare. This is required as part of the legal agreement for Mayor's Fares where it was stated that external support would be sought. As part of the legal agreement in Year 1 of Mayor's Fares, it was agreed that we would seek professional economic advice to help with the reimbursement rates and model for year 2. The work required will look at trends seen during the first year, involve engagement with the Department for Transport and provide supporting evidence for meetings with bus operators on reimbursement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6e914688-be72-4649-a0e5-56f83ce7cb9f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Dec 2023 |
| Submission deadline | 26 Jul 2023 |
| Future notice date | Not specified |
| Award date | 28 Aug 2023 |
| Contract period | 31 Aug 2023 - 29 Feb 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £21,000 |
| 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 | WEST YORKSHIRE COMBINED AUTHORITY |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 2DE |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Little London & Woodhouse |
| Westminster constituency | Leeds Central and Headingley |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | DELOITTE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66122000 - Corporate finance and venture capital services

## Release History

- 5 Dec 2023 at 10:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6e914688-be72-4649-a0e5-56f83ce7cb9f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6e914688-be72-4649-a0e5-56f83ce7cb9f
  5th December 2023 - Awarded contract notice on Contracts Finder
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=69335&B=UK
  Additional data
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/103257
  User / Company

## Notice URLs

- https://www.westyorks-ca.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-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f9ca7bb3-15de-4336-ba0e-0891edbf4c9c.json.