TEUL3007 - Transport investment and economic growth elasticities
Details
- Supplier(s)
- CEPA LLP
- Value
- GBP 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 2025Current notice
- Completed: Contract expiry date18 January 2026
About the buyer
Department for Transport (DFT) is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.
Relevant CPV codes
- 73100000 · Research and experimental development services
- 73200000 · Research and development consultancy services
Decision makers
Connect with the people behind this procurement.
| Contact name | 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 |
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