Industry Econometrics Model
Description: The Rail Delivery Group (RDG) are looking to appoint a partner to develop an independent and robust industry-wide econometric model to evaluate, optimise and understand the impact of revenue generating marketing investment across 14 TOCs including both DFTO and non-DFTO operators, and national activity delivered by RDG.
Summary: The Rail Delivery Group is inviting tenders for the "Industry Econometrics Model" to develop an industry-wide econometric model aimed at understanding and optimising revenue-generating marketing investments across 14 Train Operating Companies, including DFTO and non-DFTO operators. Located in London, this procurement is under the services category, focusing on support services for railway transport. The procurement process, currently in the tender stage with an open competitive flexible procedure, includes conditions of participation, a written tender response, demonstrations, and a best and final offer. Interested parties should note key deadlines with the tender period ending on 25th May 2026, and an enquiry period ending on 8th May 2026. The contract is valued at £9,600,000 gross and is set to commence on 5th October 2026 with a possible extension up to 4th October 2032.