Published date: 21 July 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Research and experimental development services - 73100000
Research and development consultancy services - 73200000
Location of contract
SW1P 4DR
Value of contract
£58,200
Procurement reference
tender_491561/1500768
Published date
21 July 2025
Closing date
4 June 2025
Closing time
1pm
Contract start date
18 July 2025
Contract end date
18 January 2026
Contract type
Service contract
Procedure type
Call-off from a dynamic purchasing system
A mini-competition or direct purchase from a pre-established dynamic purchasing system.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
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
Award information
Awarded date
18 July 2025
Contract start date
18 July 2025
Contract end date
18 January 2026
Total value of contract
£58,200
This contract was awarded to 1 supplier.
CEPA LLP
Address
55, 56 Lincoln's Inn Fields, WC2A 3LJ
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
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Closing: 4 June 2025, 1pm