PS22328 - Appraisal Value for Money Model for Catapults Programme

A Contract Award Notice
by DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

Source
Contracts Finder
Type
Contract (Services)
Duration
7.5 month
Value
£100K-£100K
Sector
PROFESSIONAL
Published
22 Feb 2023
Delivery
13 Feb 2023 to 29 Sep 2023
Deadline
25 Nov 2022 11:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS RM6126 Research & Insights DPS. Brief Description of Requirement As part of their new 5-year Grant Funding Agreement (GFA) with Innovate UK, April 2023 - March 2028, Innovate UK has committed to develop/ build on the existing appraisal Value for Money (VfM) model for the Catapult programme. The model will form part of Innovate UK's next Catapult's programme business case in summer 2027.

Award Detail

1 Frontier Economics (Greater London)
  • Value: £99,620

CPV Codes

  • 73000000 - Research and development services and related consultancy services

Indicators

  • Contract is suitable for SMEs.

Other Information

The suppliers will build on existing programme level Value for Money appraisal model (ex-ante) which was developed in 2022. This is relatively unsophisticated in terms of monetised/ non-monetised benefits and is based on the econometric analysis which assessed the economic impact on business turnover during 2011-2016 for businesses who engaged with Catapults (Roper and Vannoi 2022 - paper to be supplied to the successful supplier). The research incorporated segmentation by size of business as well as taking into account the type of engagement between the business and Catapult, looking at the impact at 3-years and 6-years after engagement. The model and the econometric analysis will be provided to the supplier when the contract is awarded. n/a PS22328 - RM6126 Order Form Terms - Countersigned_redacted.pdf

Reference

Domains