Expired contract

TEUL3007 - Transport investment and economic growth elasticities

Details

Buyer: Department for Transport (DFT)
Supplier(s): CEPA LLP
Value: £58,200
Duration: 6 months
Topic: Research and experimental development services
Published: 21 July 2025
Source: uk:contracts_finder

Tender description

This project will build upon and review existing academic literature which evaluates the impact of transport interventions on GDP. The current evidence in this space is varied, with Melo, et. al. (2013) estimating a mean elasticity of 0.060 and a median elasticity of 0.016. However, only 31% of the interventions in this sample took place in Europe, raising questions around the study's application of the elasticity to the UK context. Whilst this study states that there is likely to be even greater returns to investment in economic infrastructure including transport (up to a third greater impact), there is limited evidence supporting this assertion. This research will update the existing evidence base and provide elasticity estimates more rel

Timeline

Completed: Award date18 July 2025
Completed: Award published21 July 2025
Current notice
Completed: Contract expiry date18 January 2026

About the buyer

Department for Transport (DfT) is a central government department, with commercial work spanning road, rail, aviation and maritime transport across the United Kingdom. The Group Commercial Directorate leads procurement for DfT from Great Minster House. Every opportunity DfT runs directly is advertised on Contracts Finder. National Highways, HS2 Ltd and Network Rail each run their own separate procurement as arm's-length bodies of DfT. The Driver and Vehicle Licensing Agency, the Driver and Vehicle Standards Agency and the Maritime and Coastguard Agency also buy separately. Suppliers to DfT are paid on 90% of undisputed invoices under its prompt payment commitment.

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

Over the past 5 years, most of DfT's contract awards have been in business services, architectural and engineering services and research and development.

Relevant CPV codes

73100000 · Research and experimental development services
73200000 · Research and development consultancy services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@department-for-transport-dft.gov
Commercial Director	+44 •••• ••••••	••••••••@department-for-transport-dft.gov
Procurement Manager	+44 •••• ••••••	••••••••@department-for-transport-dft.gov
Category Lead	+44 •••• ••••••	••••••••@department-for-transport-dft.gov
Senior Buyer	+44 •••• ••••••	••••••••@department-for-transport-dft.gov
Contracts Manager	+44 •••• ••••••	••••••••@department-for-transport-dft.gov