T0638 Future Modelling - Policy Modelling

A Contract Award Notice
by NATIONAL HIGHWAYS

Source
Contracts Finder
Type
Contract (Services)
Duration
3.5 month
Value
£97K
Sector
PROFESSIONAL
Published
24 Jan 2025
Delivery
13 Dec 2024 to 31 Mar 2025
Deadline
29 Nov 2024 19:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

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.

Award Detail

1 Ove Arup & Partners (London)
  • Value: £97,453

CPV Codes

  • 73220000 - Development consultancy services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

n/a T0638 SPaTS 2 Award Letter (35)_Redacted.pdf

Reference

Domains