Economic impact assessment

Tender description

The Research, Appraisal and Support Framework consists of 3 closely aligned areas — Finance and Technical Support; Project Appraisal and Support and Research and Evaluation. This particular Notice relates to Project Development, Appraisal, Delivery and Review. The Framework is anticipated to be awarded for 3 years with an optional 1 year extension. It is estimated that the total value of the services for this Lot over the maximum duration of 4 years will be between 1 460 000 GBP and 1 600 000 GBP excluding VAT. This is the figure which has been used in II.2.6. This is based on an estimated annual value of between 366 000 GBP and 400 000 GBP excluding VAT. It is expected that these services will be required from September 2017 for a period of 3 years, unless terminated in accordance with the provisions of the Framework Agreement, with HIE having the option to extend for a further 1 year period. The contract will be awarded under a multi supplier Framework basis. HIE envisages that between 6 and 8 suppliers will be appointed to this Lot in the Framework. The total value of the framework including any possible extensions is up to 1 600 000 GBP.