---
title: "Consultancy Services Framework (including economic and financial analysis, research and modelling)"
ocid: "ocds-h6vhtk-029fa7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029fa7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-029fa7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-029fa7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "TEES VALLEY COMBINED AUTHORITY"
published: "2022-02-25"
---

# Consultancy Services Framework (including economic and financial analysis, research and modelling)

Buyer: TEES VALLEY COMBINED AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-029fa7

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## Summary

The Tees Valley Combined Authority is conducting a procurement process for a Consultancy Services Framework, aimed at providing economic and financial analysis, research, and modelling services. The project, classified under the CPV code 73000000 for research and development services, is located in Stockton-on-Tees, UK. This open procurement initiative is currently active and has passed its initial tender deadline of 4th May 2021, with recent updates extending submission deadlines due to high interest. The procurement, initiated on 26th March 2021, involves multiple lots focusing on areas such as Business Case Development, Evaluation and Impact Assessment, Econometric Modelling, and Investment Appraisal, with an overall contract value of approximately £5 million.

This tender presents significant opportunities for businesses, particularly those specialising in economic research and consultancy services, as well as firms with expertise in financial analysis and sector-specific analytical support. Given the diverse range of services required, companies that can provide innovative strategies for economic forecasting, impact assessment, and policy analysis will be well-positioned to compete. Participants in this tender will not only enhance their visibility within the public sector but also align with regional economic priorities, making it a valuable opportunity for small and large firms alike.

## Notice

Tees Valley Combined Authority Group wishes to establish an economic consultancy services framework to provide the following types of specialist support, focused around Tees Valley economic policy priorities and key sectors: * Business Case Development and Appraisal * Evaluation and Impact Assessment * Econometric modelling Intelligence Analysis and Forecasting * Bespoke policy analysis, relating to economic policy theme and/or sectors * Strategy and Policy Development * Investment Appraisal and Due Diligence

### Lot Information

Business Case Development and Appraisal

Provision of full Green Book five Case Business Cases and review/appraisal of submitted business cases. All advice must conform to the following technical standards: * Tees Valley Combined Authority: Assurance Framework and Monitoring and Evaluation Guidance; * HM Treasury ,The Green Book: Central Government Guidance on Appraisal and Evaluation; * HM Treasury, The Magenta Book: Central Government guidance on Evaluation; * Ministry for Housing, Communities and Local Government: Appraisal Guidance; * Royal Institute of Chartered Surveyors Red Book: Guidance on Valuation;and * Department for Transport: Webtag guidance on conduct for transport studies.

Evaluation and Impact Assessment

Delivery of evaluation and impact assessments (utilising theory of change and logic model analysis) which can robustly capture and monetise economic, environmental and social impacts in line with new Green Book guidelines, including: * Provision of integrated impact assessments which monetise all potential outputs, outcomes and impacts; * Provision of summative and formative evaluations; * Distributional impacts; and * Compliance with Combined Authority and Government assurance and audit requirements.

Econometric modelling Intelligence Analysis and Forecasting

Using appropriate modelling tools to provide the following information: * Labour market analysis and impacts (covering economic, social and environmental programme / policy themes); * Emergency response to inform strategy / action planning (including analysis of economic shocks and modelling future impacts); * Provision of horizon scanning/sectoral forecasting (including macro-economic impacts and growth scenarios); * Provision of econometric modelling for the region as a whole; * Economic modelling and associated economic (baseline) intelligence, including (but not limited to) summarising impact and forecasting for large scale projects and portfolio of programmes in Tees Valley; and, * Schools Numbers and demographic analysis (Pupil Projections analysis).

Bespoke policy analysis, relating to economic policy theme and/or sectors

Including, but not limited to: * Market Demand Analysis by sector; * Business support and business environment; * Sector / Occupational skills analysis; * Thematic / sector analysis and impacts (including but not limited to: GVA / jobs; supply chain assessment; labour market & skills assessments); * Inward investment opportunities; and * Clean energy, decarbonisation and delivering Net-Zero.

Strategy and Policy Development

* Provision of facilitation support for emerging strategy and policy development (including - but not limited to engagement activity, drafting and preparation of strategy documents) * Survey design, implementation and analysis * Equality Impact Assessments

Investment Appraisal and Due Diligence

* Provision of investment appraisal in line with RICS guidance (for property support) and the needs of commercial lenders/equity providers * Viability appraisal analysis * Investment appraisals relating to Airline proposals

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/005274-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large, SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Feb 2022 |
| Submission deadline | 4 May 2021 |
| Future notice date | Not specified |
| Award date | 1 Feb 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £5,500,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TEES VALLEY COMBINED AUTHORITY |
| Locality | STOCKTON-ON-TEES |
| Post town | Cleveland |
| Postcode | TS17 6QY |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC31 Hartlepool and Stockton-on-Tees |
| Local authority | Stockton-on-Tees |
| Electoral ward | Mandale & Victoria |
| Westminster constituency | Middlesbrough and Thornaby East |
| Delivery location | TLC1 Tees Valley and Durham |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 18 |
| Supplier names | AGILIA; ARCADIS; ATKINS; CAMBRIDGE ECONOMETRICS; CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG; METRO DYNAMICS; MOTT MACDONALD; NATHANIEL LICHFIELD & PARTNERS; OVE ARUP & PARTNERS; PRICEWATERHOUSECOOPERS; SAVILLS; SQW; STEER DAVIES GLEAVE; UNIVERSITY OF WARWICK; URBAN FORESIGHT; VIVID ECONOMICS; WAVEHILL; WSP |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services
- 73200000 - Research and development consultancy services

## Release History

- 25 Feb 2022 at 11:46 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/005274-2022
- 20 May 2021 at 14:51 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011229-2021
- 14 May 2021 at 08:56 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/010633-2021
- 10 May 2021 at 09:34 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/010081-2021
- 9 Apr 2021 at 08:21 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/007340-2021
- 26 Mar 2021 at 11:29 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006197-2021

## Notice URLs

- http://www.nepo.org
- http://www.teesvalley-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-h6vhtk-029fa7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-029fa7.json.