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Study on using econometrics to calculate variable charges

Historical · ContractNo open deadline

Historical: no longer open for bids.

Read the official notice on Contracts Finder

01/ The notice

Key facts

Value: £68,500Estimated value stated in the notice
Deadline (UK time): Tue 9 Jul 2024, 12:00 BSTA deadline does not apply to this historical notice. The source records Tue 9 Jul 2024, 12:00 BST, which is not an open deadline.
Published: 31 Jul 2024
Region: North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West, Scotland, Wales, Northern Ireland

02/ The brief

What the notice says

Not fully read: this is the notice text; attached documents are not read.

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.

03/ Classification

CPV codes

Common Procurement Vocabulary codes, exactly as the notice lists them. No descriptions are added here.

79000000 79300000 79310000
79314000

04/ History

Releases of this notice

One release held, oldest first. Dates are UK time.

31 Jul 2024
Contract notice
Contract notice published 31 July 2024.
Release a29cdd28-6e41-425e-a6a8-0d5428a31ebb
View this release on Contracts Finder (opens in a new tab)

05/ Limits

What the source does not tell us

Only one release is held, so there is no change history.

06/ Questions

About this notice

OFFICE OF RAIL AND ROAD published this notice.

Estimated value stated in the notice: £68,500.

08/ Related

Where to go next

These links follow a fixed rule applied to this notice’s buyer, text and CPV codes. They are not advice on whether to bid.

Reference: a29cdd28-6e41-425e-a6a8-0d5428a31ebb
Source: Contracts Finder
Stage: contract · Contract
Last verified: Sat 4 Apr 2026, 02:20 BST
Read at: Sun 25 Oct 2026, 17:40 GMT

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