ClosedBusiness services

Study on using econometrics to calculate variable charges[E11]

London, United KingdomOFFICE OF RAIL AND ROAD[E1]

In plain English

What they want: The scope of this project covers the calculation of VUCs and the specific objective of this work is to establish the feasibility of using econometrics to calculate VUCs. The first step of the project should apply the econometric approach to calculating marginal costs and then individual vehicles variable usage charges (VUCs).
Who can bid: No restrictions are stated in the notice data. The tender documents may set more.
Deadline: Buyer's deadline: 9 Jul 2024, 12:00 UTC+1. UTC: 9 Jul 2024, 11:00 UTC.
Published 10 Jun 2024.
Value: GBP 70,000
Buyer: OFFICE OF RAIL AND ROADSee what else this buyer buys and when.
How to apply: Through the buyer's official process. Open the original notice on UK Contracts Finder (OCDS) (opens in a new tab) ↗
Tender documents: The tender documents for this notice are on the buyer's own portal, usually behind a free supplier registration. We link to them and do not fetch them, so the report is based on the notice only.

This opportunity is closed and its deadline has passed. Reports are not available for it.

Deadline[E4]: 9 Jul 2024, 12:00 UTC+1
Value[E12]: GBP 70,000
Published[E9]: 10 Jun 2024
Procedure[E8]: Open procedure (below threshold)
Source: UK Contracts Finder (OCDS) (opens in a new tab)
Last checked: 29 minutes ago

About the requirement

From the notice

The scope of this project covers the calculation of VUCs and the specific objective of this work is to establish the feasibility of using econometrics to calculate VUCs. The first step of the project should apply the econometric approach to calculating marginal costs and then individual vehicles variable usage charges (VUCs). Following this the study should then undertake a comparison between its findings and the findings of the engineering approach as calculated in PR23 (as per the CP7 price list). This should also consider the data Network Rail used in this process. For example, we know that the robustness of econometrics heavily depends on the quality and quantity of the data available and Network Rail may not have this. Any recommendations should take such issues into account. Finally, the study should come up with recommendations on whether it is appropriate to use two different approaches and how to do so effectively, taking into account their respective weaknesses and strengths.[E5]

Eligibility and requirements

ConditionDelivery location: United Kingdom.[E6]
The notice data states no restriction on who may bid. Exclusion grounds and selection criteria in the tender documents still apply.

Risks and unknowns

UnknownWe read the published notice, not the full tender documents.

Updates

First seen · 28 Oct 2026, 14:08 UTC
The deadline (2024-07-09T11:00:00.000Z) has passed.
Source document a749b524-70ce-443d-b217-c3d898009137-752838

Evidence

12 facts

Every fact on this page comes from the published notice. Each entry shows the document and the field it was read from.

E1
The buyer is OFFICE OF RAIL AND ROAD.
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /buyer/name, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E2
The notice is classified under CPV 79314000 (Feasibility study).
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/classification/id, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E3
Contracts Finder publishes United Kingdom procurement.
“England”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E4
Tenders must be submitted by 9 Jul 2024, 12:00 UTC+01:00.
“2024-07-09T12:00:00+01:00”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/tenderPeriod/endDate, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E5
The buyer describes the requirement in the notice.
“The scope of this project covers the calculation of VUCs and the specific objective of this work is to establish the feasibility of using econometrics to calculate VUCs. The first step of the project should apply the econometric approach to calculating marginal costs and then in…”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/description, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E6
Delivery location: United Kingdom.
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/items/0/deliveryAddresses/0, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E7
This is a call for competition. Suppliers can respond.
“tender”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tag, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E8
The procedure is: Open procedure (below threshold).
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/procurementMethodDetails, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E9
The notice was published on 10 Jun 2024.
“2024-06-10T11:19:29+01:00”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/documents/0/datePublished, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E10
Contracts Finder gives the tender status as active.
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/status, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E11
The notice is titled "Study on using econometrics to calculate variable charges".
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/title, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)
E12
The stated value is GBP 70,000.
“70000 GBP”
Document a749b524-70ce-443d-b217-c3d898009137-752838, field /tender/value/amount, read 28 Oct 2026, 14:08 UTC · source (opens in a new tab)

Contains public sector information from Contracts Finder, licensed under the Open Government Licence v3.0. Data licence: Open Government Licence v3.0 (opens in a new tab). Personal contact details in notices are not stored or shown.

Study on using econometrics to calculate variable charges​[E11]