Source: https://tendernation.io/opportunities/01a13c80-8539-7119-aec3-ec745519d94b/preparing-for-road-investment-strategy-3-enhancements

awarded GB open procedure Suitable for SMEs

# Preparing for Road Investment Strategy 3: Enhancements

[Office of Rail and Road](https://tendernation.io/buyers/office-of-rail-and-road)

Estimated value

£120,000

Published

18 Jun 2021

Deadline

Closed

30 Jul 2021

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

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## About this tender

The purposes of this study are two-fold. Firstly, it is intended to provide understanding to the ORR of the independently audited unit rates and assumptions underlying Highways England's internal scheme cost estimates, and that these are comparable with appropriate external benchmarks. Secondly, the study should provide the ORR with a better understanding of the way in which rates are updated over time. In doing so, the study should assess the extent to which improvements in efficiency are reflected in the forecast costs of future projects. We expect the outcomes of the study to shape the approach we take to assessing Highways England's plans for RP3. For example, if we have a high level of confidence in the assumptions underlying Highways England's forecasts, this will allow us to devote less resources to challenging the cost estimates for individual projects.

## CPV classification

Financial consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/d7f47722-c3be-4fcf-91f6-bacd54e87099)

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