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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | DfTc - Department for Transport |
| Main Category: | Services |
| Procurement Method: | Call-off from a dynamic purchasing system |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £58,200 |
| Release Date: | 21 July 2025 |
| Application Deadline: | 4 June 2025 |
| Contract Start Date: | 17 July 2025 |
| Contract End Date: | 18 January 2026 |
| Contract Duration: | 6 months |
| Procurement ID (OCID): | ocds-b5fd17-e868490d-3751-4245-9be5-6e31265a0b4b |
| Notice Reference: | 6ff43982-b619-4b02-892d-781dcd9e46b8-855174 |
View Original Notice
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Awarded to
| Award value: | £58,200 |
| Award decision date: | 17 July 2025 |
| Award status: | Active |
This project will build upon and review existing academic literature which evaluates the impact of transport interventions on GDP. The current evidence in this space is varied, with Melo, et. al. (2013) estimating a mean elasticity of 0.060 and a median elasticity of 0.016. However, only 31% of the interventions in this sample took place in Europe, raising questions around the study's application of the elasticity to the UK context. Whilst this study states that there is likely to be even greater returns to investment in economic infrastructure including transport (up to a third greater impact), there is limited evidence supporting this assertion. This research will update the existing evidence base and provide elasticity estimates more rel
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Application Deadline
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Closed
Estimated Value
£58,200
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