Published date: 12 July 2024

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


Closing: 29 April 2024, 12pm

Contract summary

Industry

  • Research and development consultancy services - 73200000

Location of contract

Any region

Value of contract

£68,984.66

Procurement reference

CF-0327000D8d000003VQwdEAG

Published date

12 July 2024

Closing date

29 April 2024

Closing time

12pm

Contract start date

3 June 2024

Contract end date

31 July 2024

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The aim of this research commission is to compare different financial benefit sharing mechanisms and permutations within those mechanisms in terms of payment trigger points for companies. The applications, risks, and implications of these options on different market participants are expected to be explored through the research. This will involve engagement with relevant stakeholders to understand and evidence likely impacts of each benefit sharing mechanism as well as desk-based research to estimate the size of these impacts.

The research is expected to identify, appraise, and monetise the economic impacts on the UK economy associated with the introduction of different financial benefit sharing mechanisms on DSI-dependent industries in the UK. The research will also identify, appraise, and monetise the economic impacts on other key stakeholders including Public Sector bodies and Civil Society. This research will add to the UK's evidence base ahead of the Second meeting of the CBD's Ad Hoc Open-ended Working Group on Benefit-sharing from the Use of DSI in August 2024.

Award information

Awarded date

5 June 2024

Contract start date

3 June 2024

Contract end date

31 July 2024

Total value of contract

£68,984.66

This contract was awarded to 1 supplier.

ICF Consulting Services Limited

Address

ICF Consulting Services Limited Riverscape 10 Queen Street Place London EC4R 1BE

Reference

None

About the buyer

Contact name

Defra Group Commercial

Address

17 Smith Square
London
SW1P 3JR
UK

Email

dgc.rdeframework@defra.gov.uk