Award Contract for The Provision of Economic Modelling Licences
Reference ocds-b5fd17-794df004-f92c-45b4-b71a-027809ecc44e · DfTc - Department for Transport
Awarded to GAMS Software GmbH for £16,200.
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Amounts and figures
Description
The development of a Computable General Equilibrium (CGE) model to model the wider economic impacts of a major rail scheme such as HS2 started last year, it was a collaboration between the Department for Transport and Department for Business and Trade (DBT). One of the Major Rail Projects Group analysts was seconded to DBT for one year and worked closely with the Macro Analysis and Modelling (MAM) team to build the CGE model for transport. MAM use GAMS software for modelling the economic impact of free trade agreements on UK trade and growth. Therefore, the software used by DfT and DBT to build the CGE model was GAMS. The first stage of model building has concluded but in order to continue the work to develop the model further we need to procure 5 licenses, which comprise 3 packages, which in turn will help to build DfT's modelling capacity. The model is now in the ownership of DfT but without GAMS licenses we cannot progress further with the modelling work. Hence, procuring licenses from GAMS is the only way forward to continue. Additionally, this is intended to be a long term project, as the CGE model is currently in the process of being peer reviewed. Once the review has conc…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| GAMS Software GmbH | £16,200 | 26 September 2024 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 278c9b77-8f1e-47fb-ac4a-c696a22a5fcb-804179 | 20 November 2024 |
| Contracts Finder | 278c9b77-8f1e-47fb-ac4a-c696a22a5fcb-804179 | 20 November 2024 |
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- The submission deadline is 27 September 2024. Check the official source, as dates can be modified.
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- The estimated value published by the buyer is £16,200.
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- The contracting authority is DfTc - Department for Transport (United Kingdom).
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