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Published 20 Nov 2023, 10:05 GMT

Official UK procurement notice

Econometric modelling support · UK public procurement notice

Official notice

Authority: Construction Industry Training Board (Public body)·Consortium: 2 public authorities

ServicesRestricted procedure
Published estimate£800,000≈ £200k / year
Submissions closed 29 Dec 2023awarded 16 Apr 2024
Awarded to Oxford Economics
Contract term 4 yrsends 31 Mar 2028 · extension options published · starts 1 Apr 2024

What is being bought

Published requirement description

econometric modelling support

CPV: Economic research services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal 4 yrs
Contract period: 1 Apr 2024 – 31 Mar 2028 (4 yrs)
Delivery: UK · UNITED KINGDOM
Extensions: initial 2 year contract with option to extend for 2x 12 months. (total 4 years) Approx £200,000 per year.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 80%Price: 20%
Published sub-criteria (2)
  • Quality: 80%
  • Commercial: 20%
Published award criteria (2)
  • Quality: 80
  • Commercial: 20
What this means for your bid
  • Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Restricted procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
20 Nov 2023, 10:05 GMT
Last source update
1 May 2024, 12:05 BST
Award evaluation window
29 Dec 2023 – …
FTS notice number
2024/S 000-014030
Classification (CPV)
Economic research services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-041b1f Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=857334683 GO Reference: GO-202451-PRO-25920232

How it was run

Official notice
Submission deadline
29 Dec 2023, 17:00 GMT
Submission channel
{"written"}
Accepted languages
en
Bids opened
29 Dec 2023, 17:00 GMT

Timeline

29 Dec 2023 → 1 May 2024 · 4 dates
  1. Submission deadline
    29 Dec 2023, 17:00 GMT
  2. Bids opened
    29 Dec 2023, 17:00 GMT
  3. Contract starts
    1 Apr 2024, 00:00 BST
  4. Notice published
    1 May 2024, 12:05 BST

Notice history

3 events · 2 releases on Find a Tender · since 1 May 2024
  1. Status changed to complete
    1 May 2024, 12:05 BST
  2. Procurement method changed
    1 May 2024, 12:05 BST
  3. Buyer details updated
    1 May 2024, 12:05 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £198,8001 contract exc. VAT
Bids received 3
Contracts signed 1latest 16 Apr 2024
Awarded toValueDateStatus
Oxford Economics£198,800 †—Awarded

Contracts

  • econometric modelling support · Oxford Economics

    Signed
    16 Apr 2024
    Value
    £198,800
    Period
    … – 31 Mar 2028
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids———

Contracting authority & participating public bodies

2 public bodies on the notice

Construction Industry Training Board

Contracting authorityPublic bodyRegional or local authorityEconomic affairsBody governed by public lawEducation United Kingdom Sand Martin House, Bittern Way, Fletton Quays, Peterborough, UK, PE2 8TYContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.