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Tenders

Industry Econometrics Model

Open
Deadline
59 days left
May 25, 2026
Contract Details
Category
Open Procedure
Reference
025963-2026
Value
£9,600,000
Location
Inner London - West, United Kingdom
Published
March 19, 2026
Organization
CPV Code
Project Timeline

Tender Published

March 20, 2026

Deadline for Questions

May 18, 2026

Submission Deadline

May 25, 2026

Contract Start Date

October 04, 2026

Budget
£9,600,000
Duration
48 months
Location
Inner London - West
Type
Open Procedure
75
Quality Score/100
Good

Original Tender Description

The Rail Delivery Group (RDG) are looking to appoint a partner to develop an independent and robust industry-wide econometric model to evaluate, optimise and understand the impact of revenue generating marketing investment across 14 TOCs including both DFTO and non-DFTO operators, and national activity delivered by RDG.

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Requirements & Qualifications

16 requirements across 5 categories

Submission (3)
Mandatory (1)
Compliance (4)
Technical (5)
Financial (3)
SUBMISSION REQUIREMENTS3
--Bids must be submitted by the deadline: 2026-05-25T00:00:00.
--Requirements are to be provided in English, Estonian, Latvian, Polish, and Lithuanian.
--No specific submission forms or templates are mentioned, implying bidders may create their own.
MANDATORY EXCLUSION GROUNDS1
--No specific mandatory exclusion grounds are detailed in the provided text.
ELIGIBILITY REQUIREMENTS4
--Must be able to develop an independent and robust industry-wide econometric model.
--Must be able to evaluate, optimise, and understand the impact of revenue generating marketing investment.
--Must be able to work with 14 TOCs (both DFTO and non-DFTO operators).
TECHNICAL CAPABILITY REQUIREMENTS5
--Proven experience in developing and implementing econometric models.
--Expertise in data analysis and statistical modeling relevant to revenue generation and marketing investment.
--Ability to integrate data from multiple sources (14 TOCs and national activity).
FINANCIAL REQUIREMENTS3
--The value of the tender is 9,600,000.0 EUR.
--The duration of the contract is 48 months.
--No specific financial stability or turnover requirements are detailed.

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Documents

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75
Good

Tender Quality Score

This tender for an Industry Econometrics Model is generally well-structured, with clear objectives and a reasonable estimated value. However, it lacks specific evaluation criteria and details on document content, impacting completeness and clarity.

Score Breakdown

Legal Compliance75/100

The tender appears to comply with general procurement regulations, including a proper CPV code and an open procedure. Deadlines are provided, though the submission deadline might be considered tight given the complexity. No disputes are noted. The procedure is competitive flexible, which is a valid type.

Clarity80/100

The description of the required econometric model is clear, outlining its purpose and scope. Eligibility and technical capability requirements are reasonably detailed. However, the absence of specified evaluation criteria leaves a significant gap in clarity regarding how bids will be assessed.

No evaluation criteria specified
Completeness70/100

Basic information such as title, reference, organization, estimated value, and duration are present. The CPV code is provided. However, the lack of content for the tender documents and the absence of specific financial requirements beyond the overall value reduce completeness.

No document content available
Fairness85/100

The tender is open, and the estimated value is disclosed, promoting transparency. The requirements are generally objective and focused on capability. There are no obvious signs of tailoring to specific companies. The use of a competitive flexible procedure is standard.

Practicality65/100

The tender specifies a contract start date and duration. However, the lack of information regarding e-submission and the absence of explicit financing details or document URLs hinder practicality for potential bidders.

No e-submission
Document URL not provided
Data Consistency90/100

Key fields like title, reference, organization, value, and deadlines are populated. The contract start date and duration are logical. No suspension or disputes are indicated, contributing to high data consistency.

Sustainability50/100

There is no explicit mention of green procurement, social aspects, or innovation within the tender description or requirements. The tender does not indicate if it is EU funded.

Not green procurement
No social criteria

Strengths

Clear project objective and scope
Well-defined CPV code
Disclosed estimated value and duration
Open procedure

Concerns

Missing evaluation criteria
No document content available
No e-submission specified
Lack of sustainability considerations

Recommendations

1. Provide detailed evaluation criteria to enhance clarity and fairness.
2. Upload full tender documents with clear content and instructions for submission.
3. Specify e-submission procedures and platforms.

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