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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | National Highways |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
Pipeline status
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Application Deadline
29 November 2024
Closed
Estimated Value
£97,453.09
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Book a free consultation →| Estimated Value (ex. VAT): | £97,453.09 |
| Release Date: | 24 January 2025 |
| Application Deadline: | 29 November 2024 |
| Contract Start Date: | 13 December 2024 |
| Contract End Date: | 31 March 2025 |
| Contract Duration: | 4 months |
| Procurement ID (OCID): | ocds-b5fd17-1148e975-116a-47c6-875e-b8628948b8c8 |
| Notice Reference: | f4df498a-44ee-447f-afec-b83fff335383-820140 |
View Original Notice
Access the full notice on the official portal
Awarded to
| Award value: | £97,453.09 |
| Award decision date: | 13 December 2024 |
| Award status: | Active |
The Supplier will develop proof of concept model. The aim is to leave the Transport Planning Group (TPG) in a position where it is able to make the case internally for procurement and then (subject to internal governance and financial approvals) to procure the full development of a suitable policy model (the 'preferred option') in Financial Years 25/26 to 26/27. Three broad options have been shortlisted in the work to date, although these should not be considered an exhaustive list: - Elasticity model (probably with a simplified supply representation) - Meta-model (probably based on runs of existing strategic model(s)) - System dynamics model The proof of concept model will be a platform that is a blend between certain aspects of each of the Elasticity and Meta models.
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