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TEUL3007 - Transport investment and economic growth elasticities

DfTc - Department for Transport Published 21 Jul 2025 Contracts Finder
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key details

Value£58,200
Statuscomplete
Category (CPV) 73100000 +1 more
Deadline4 Jun 2025
Contract start18 Jul 2025
Contract end18 Jan 2026
Procedureselective
SME suitableYes
OCIDocds-b5fd17-e868490d-3751-4245-9be5-6e31265a0b4b

Award

SupplierValueDateStatus
CEPA LLP £58,200 17 Jul 2025 active

description

This project will build upon and review existing academic literature which evaluates the impact of transport interventions on GDP. The current evidence in this space is varied, with Melo, et. al. (2013) estimating a mean elasticity of 0.060 and a median elasticity of 0.016. However, only 31% of the interventions in this sample took place in Europe, raising questions around the study's application of the elasticity to the UK context. Whilst this study states that there is likely to be even greater returns to investment in economic infrastructure including transport (up to a third greater impact), there is limited evidence supporting this assertion. This research will update the existing evidence base and provide elasticity estimates more rel

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
21 Jul 2025 Award (award) · 6ff43982-b619-4b02-892d-781dcd9e46b8-855174

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