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Optimism Bias - Developing the Evidence Base

THE DEPARTMENT FOR TRANSPORT Published 22 Mar 2019 Contracts Finder

key details

Value£64,000
Statuscomplete
Category (CPV) 71311200
Deadline20 Mar 2018
Contract start20 Mar 2019
Contract end28 Jun 2019
Proceduredirect
SME suitableNo
OCIDocds-b5fd17-5a0d5280-30e3-4a6b-9bcd-a9f91139d430

Award

SupplierValueDateStatus
Oxford Global Projects £64,000 20 Mar 2018 active

description

The aim of this research is to update the evidence base for the Optimism Guidance in WebTAG. The current guidance has come under scrutiny for being outdated as it fails to capture specific characteristics, complexities, and risk profiles of schemes as well as depending on datasets from 2002. This research project will acquire current cost datasets from various departments and organisations in order to update Optimism Bias uplift values.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
22 Mar 2019 Award (award) · 22911e09-f4b3-494e-be13-41c49aec88d1-277788

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