Published date: 16 May 2023
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Business and management consultancy and related services - 79400000
Location of contract
England
Value of contract
£50,000
Procurement reference
NCL001-DN670388-98838444
Published date
16 May 2023
Closing date
26 May 2023
Closing time
2pm
Contract start date
25 June 2023
Contract end date
7 July 2023
Contract type
Service contract
Procedure type
Other
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Section 19 of the application form (attached for reference) requires: an Economic impact, public benefit and value for money assessment including description of how the proposed infrastructure and research will generate sustained socio-economic returns from the UKRPIF investment.
The response could include, but is not limited to:
i. Translation and commercialisation of research (e.g., new IP; spinouts)
ii. Benefits to industry (from SMEs to large-scale multinational companies)
iii. Benefits to society
iv. Contributions to local economic growth
v. Job creation
vi. Attracting foreign direct investment (FDI)
Newcastle University requires an assessment that, in compliance with the application process and technical guidance which:
Ensures the application satisfies, in full, the requirements for question 19.
Provides all information and methodologies utilised or developed to Newcastle University for record, appraisal & audit scrutiny.
Assessment may include statements including:
Evidence demonstrating scale and significance of local problems & issues
Quality assurance of data analysis and evidence
Quantifiable impacts using a suitable model
Methodologies to support assumptions
Economic costs of the proposal
Analysis of monetised costs and benefits
Benefit Cost Ratios (BCR)
Description of non-monetised impacts
Value for money
Proposed metrics to support monitoring & evaluation metrics
As question 19 is the question in relation to economic impact, public benefit and VfM we anticipate that the scope of work will be lighter touch at this application stage i.e., work will be in line with the expectations of the overall application form and process. There is a restriction of page length for the application of 24 pages (template equals 12 pages) thus we estimate a 500-word count per question. If successful then there will be a further option to undertake a longitudinal evaluation to evidence assessment assumptions, methodology and impacts during the activity delivery period (post-build).
More information
About the buyer
Contact name
Sabrina Bell
Address
3rd Floor Northumberland House
Princess Square
Newcastle Upon Tyne
NE1 8ER
United Kingdom
Telephone
+44 1912086680
Website
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Closing: 26 May 2023, 2pm
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