T0638 Future Modelling - Policy Modelling

Award

Buyers

Value

£97,453

Suppliers

Classifications

  • Development consultancy services

Tags

  • award

Submission Deadline

7 months ago

Published

6 months ago

Description

The Supplier will develop proof of concept model. The aim is to leave the Transport Planning Group (TPG) in a position where it is able to make the case internally for procurement and then (subject to internal governance and financial approvals) to procure the full development of a suitable policy model (the 'preferred option') in Financial Years 25/26 to 26/27. 
Three broad options have been shortlisted in the work to date, although these should not be considered an exhaustive list:
-	Elasticity model (probably with a simplified supply representation)
-	Meta-model (probably based on runs of existing strategic model(s))
-	System dynamics model
The proof of concept model will be a platform that is a blend between certain aspects of each of the Elasticity and Meta models.

Documents

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  • Award Notice

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Katy Reed

Katy Reed

Published 5 days ago

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Organisation

National Highways

Body governed by public law

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