Tender Details

Country: United Kingdom
Summary: Study on Using Econometrics to Calculate Variable Charges
GBT Ref No: 102431243
Deadline: 09 Jul 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 70000
Notice Type: Tender
Document Ref. No.: ORR/CT/24-17
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Description:
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.
Documents:

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Study on Using Econometrics to Calculate Variable Charges - Uk Tender

The OFFICE OF RAIL AND ROAD, a Government sector organization in United Kingdom, has announced a new tender for Study on Using Econometrics to Calculate Variable Charges. This tender is published on UkTender under GBT Ref No: 102431243 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-07-09.

The estimated tender value is GBP 70000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.