Expired contract

ecm_11487 - Reference Class Forecasting

Details

Value
£70,000
Duration
2 months
Topic
IT services: consulting, software development, Internet and support
Published
13 October 2023

Tender description

The creation of a Reference Class Forecast (RCF) by Oxford Global Projects (OGP) will provide the Synergy Programme with an outside view on the likely outcome of the programme, based on actual outcomes of similar projects. An RCF is recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business case to underpin major investment decisions. The proposed works consist of 2 work streams: 1. The creation of program reference class based on past similar programs. 2. The break-down of program and mapping of individual components.

Timeline

  1. Completed: Award date14 September 2023
  2. Completed: Award published13 October 2023
    Current notice
  3. Completed: Contract expiry date4 November 2023

About the buyer

The Department For Work and Pensions (DWP) delivers the State Pension and working-age benefits to millions of claimants, and buys as a central government ministerial department with its own commercial teams. Larger contracts are advertised on Find a Tender, with suppliers registering through the Atamis eSourcing portal. Framework agreements are called off through the Government Commercial Agency using Public Sector Contract terms. Suppliers can join its low value purchasing system freely, with no cap on numbers. Dynamic purchasing systems cover welfare-to-work and employment support opportunities. Commercial teams engage the market early through in-person and online supplier events.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of DWP's contract awards have been in education and training, IT services and business services.

Relevant CPV codes

  • 72000000 · IT services: consulting, software development, Internet and support

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Decision makers

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