---
title: "Econometric modelling support"
ocid: "ocds-h6vhtk-041b1f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-041b1f"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-041b1f.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-041b1f.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "CONSTRUCTION INDUSTRY TRAINING BOARD"
published: "2024-05-01"
---

# Econometric modelling support

Buyer: CONSTRUCTION INDUSTRY TRAINING BOARD  
Current stage: Award  
OCID: ocds-h6vhtk-041b1f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-041b1f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-041b1f.json)

## Summary

The Construction Industry Training Board (CITB) is seeking econometric modelling support through a restricted procedure. The tender relates to economic research services in the UK and specifically focuses on econometric modelling support. The awarded contract, valued at £198,800, was signed on 16th April 2024 with Oxford Economics Limited. The procurement stage is in the award phase, and the buying organization is the Construction Industry Training Board based in Peterborough, UK.

This procurement process for econometric modelling support by CITB presents business growth opportunities in the services industry. Businesses specialising in economic research services, particularly in econometric modelling, are well-suited to compete. The contract, currently active, involves providing forecasting and econometric modelling services for the UK construction industry. Interested parties should take note of the £800,000 contract value and the tender deadline of 29th December 2023. The open procedure allows for written submissions, and there is potential for a 4-year extension beyond the initial 2-year contract period.

## Notice

econometric modelling support

### Lot Information

Lot 1

econometric modelling support

Renewal: initial 2 year contract with option to extend for 2x 12 months. (total 4 years) Approx PS200,000 per year.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/014030-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 May 2024 |
| Submission deadline | 29 Dec 2023 |
| Future notice date | Not specified |
| Award date | 15 Apr 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £800,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £198,800 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CONSTRUCTION INDUSTRY TRAINING BOARD |
| Locality | PETERBOROUGH |
| Post town | Peterborough |
| Postcode | PE2 8TY |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH4 Cambridgeshire and Peterborough |
| ITL 3 | TLH41 Peterborough |
| Local authority | Peterborough |
| Electoral ward | Fletton and Stanground |
| Westminster constituency | North West Cambridgeshire |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79311400 - Economic research services

## Release History

- 1 May 2024 at 11:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/014030-2024
- 20 Nov 2023 at 10:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/034206-2023

## Notice URLs

- http://www.citb.co.uk
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=857334683
- https://www.delta-esourcing.com/tenders/UK-UK-Peterborough:-Construction-economics-services./JCR366M2NT

## 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-041b1f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-041b1f.json.