Published date: 21 March 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Research and development services and related consultancy services - 73000000
Location of contract
Any region
Value of contract
£83,333.33
Procurement reference
tender_484052/1460899
Published date
21 March 2025
Closing date
5 March 2025
Closing time
11am
Contract start date
13 March 2025
Contract end date
31 March 2025
Contract type
Service contract
Procedure type
Other: Direct Award
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *****
This procurement is being concluded as a direct award under the RM6187 Management Consultancy Framework Three (MCF3).
Brief Description of Requirement
Problem to solve: The Life Sciences sector offers significant opportunities for the 10 Year Health Plan, and our mission for economic growth through the Life Sciences Sector Plan. However, it operates in a complex regulatory and financial environment, where various taxes and reporting requirements -including corporate taxes, import duties, value-added taxes (VAT), environmental taxes and reporting alongside sector-specific levies-can cumulatively weigh on the UK's competitiveness and innovation capacity.
Industry is speaking of a 'tipping point' being reached due to a 'soaring increase in the cost to do business', and an industry association (ABHI) has estimated that almost three quarters of the sector are delaying recruitment plans due to the national insurance increase alone. Existing data has however been collected by industry and is from a small sample.
Aim: to quantify in £ the size (and growth impact) of the UK tax and reporting burden across Life Sciences. Needs to take account of different sub sectors (i.e. diagnostics vs orthopaedics vs digital vs Cell and Gene Therapy) and company size (i.e. small, medium large).
Award information
Awarded date
13 March 2025
Contract start date
13 March 2025
Contract end date
31 March 2025
Total value of contract
£83,333.33
This contract was awarded to 1 supplier.
Deloitte LLP
Address
1 New Street Square, Landon, EC4A 3HQ
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
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Closing: 5 March 2025, 11am