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T0638 Future Modelling - Policy Modelling

Contracts Finder notice active GET /api/v1/contracts/99346
£97,453
value
GBP
13 Dec 2024
awarded
1
suppliers named

Who

Buyer National Highways — not a council we hold
Supplier Ove Arup & Partners Limited

What

The Supplier will develop proof of concept model. The aim is to leave the Transport Planning Group (TPG) in a position where it is able to make the case internally for procurement and then (subject to internal governance and financial approvals) to procure the full development of a suitable policy model (the 'preferred option') in Financial Years 25/26 to 26/27. Three broad options have been shortlisted in the work to date, although these should not be considered an exhaustive list: - Elasticity model (probably with a simplified supply representation) - Meta-model (probably based on runs of existing strategic model(s)) - System dynamics model The proof of concept model will be a platform that is a blend between certain aspects of each of the Elasticity and Meta models.

Dates and source

Runs 13 Dec 2024 to 31 Mar 2025
OCID ocds-b5fd17-1148e975-116a-47c6-875e-b8628948b8c8
Notice Read it on Contracts Finder

Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.