Published date: 3 January 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 8 December 2023, 1pm

Contract summary

Industry

  • Research services - 73110000

Location of contract

Any region

Value of contract

£100,870

Procurement reference

tender_384732/1298469

Published date

3 January 2024

Closing date

8 December 2023

Closing time

1pm

Contract start date

5 January 2024

Contract end date

29 March 2024

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The green transition will reshape global markets, provide new opportunities for businesses and have
benefits beyond just reducing emissions.
We are seeking research to be undertaken to answer some key questions for us in order to inform policy
making decisions.
We will be looking for a quantitative, evidence-based narrative on the benefits from a faster global
transition.

The objectives of the project are to:

Fill highlighted evidence gaps with robust, quantifiable and published analysis which can be used to
directly support policy development.
Provide a quantitative, evidence-based assessment on how benefits change from different rates of the
global transition.
We are aware of the additional costs associated with a global transition, including the
higher costs from a faster clean transition, but traditionally the benefits, particularly in relation to the UK
are less well understood. The aim is that this analysis will help provide a more balanced quantitative
assessment.

This analysis should focus on benefits, opportunities out to 2030, but also consider the longer-term
benefits out to 2050 for some of the more nascent technologies.

More information

Previous notice about this procurement

Research to quantify the economic opportunities as a result of global energy transition for future UK Government policy development.

  • Opportunity
  • Published 10 November 2023

Attachments

Additional text

Redacted Contract

Award information

Awarded date

22 December 2023

Contract start date

5 January 2024

Contract end date

29 March 2024

Total value of contract

£100,870

This contract was awarded to 1 supplier.

Ricardo AEA Ltd

Address

Shoreham Technical Centre, Old Shoreham Road, Shoreham-by-Sea, West Sussex, BN43 5FG

Reference

Companies House number: 8229264

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

3-8 Whitehall Place
London
SW1A 2EG
England

Email

internationalclimateandenergy.procurement@energysecurity.gov.uk