Published date: 31 July 2024

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


Closing: 9 July 2024, 12pm

Contract summary

Industry

  • Feasibility study - 79314000

Location of contract

United Kingdom

Value of contract

£70,000

Procurement reference

ORR/CT/24-17

Published date

31 July 2024

Closing date

9 July 2024

Closing time

12pm

Contract start date

18 July 2024

Contract end date

31 October 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?

No

Description

The scope of this project covers the calculation of VUCs and the specific objective of this work is to establish the feasibility of using econometrics to calculate VUCs.

The first step of the project should apply the econometric approach to calculating marginal costs and then individual vehicles variable usage charges (VUCs). Following this the study should then undertake a comparison between its findings and the findings of the engineering approach as calculated in PR23 (as per the CP7 price list). This should also consider the data Network Rail used in this process. For example, we know that the robustness of econometrics heavily depends on the quality and quantity of the data available and Network Rail may not have this. Any recommendations should take such issues into account.

Finally, the study should come up with recommendations on whether it is appropriate to use two different approaches and how to do so effectively, taking into account their respective weaknesses and strengths.

More information

Previous notice about this procurement

Study on using econometrics to calculate variable charges​

  • Opportunity
  • Published 10 June 2024

Attachments

Award information

Awarded date

31 July 2024

Contract start date

1 August 2024

Contract end date

31 October 2024

Total value of contract

£68,500

This contract was awarded to 1 supplier.

CEPA LLP

Address

Queens House, 55-56 Lincoln's Inn Fields, London, WC2A 3LJ

Reference

Companies House number: OC326074

Supplier is SME?

Yes

Supplier is VCSE?

No

Attachments

About the buyer

Address

25 Cabot Square
London
E144QA
England

Email

procurementteam@orr.gov.uk