RFP QuestBeta
Awarded · ResultStage · contract

DEPARTMENT FOR TRANSPORT

SPATS - Prog for Maintaining a Robost Valuation of Travel Time services

R&DCPV 73000000
Value£74k
Awarded29 Aug 2017
Published25 Jan 2018
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£74ktotal contract value
median £66k
this tender£0£561k

This sits in the upper-middle of the Research & Development band — a substantial contract for the sector. Based on 20,405 valued Research & Development tenders in our corpus.

The brief

The recently finished Value of Time research (completed in 2015) was highly innovative in its field, applying world leading analytical techniques in order to robustly model the values of time based on stated preference survey evidence of willingness to pay for travel time savings.

However, survey and modelling techniques relevant for assessing the value of time are constantly being developed in academia, industry and the public sector, so it is necessary to keep abreast of these developments if the DfT's value of time assumptions are to remain a robust and defensible basis for supporting decision making.

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Source & provenance
OCID
b15ba97d-c493-40b9-8908-28035d04b220
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
PPRO 04/102/053
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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