Source: https://tendernation.io/opportunities/01a13cb2-35e3-7330-a3af-f1a7322c4c00/ecm-11487-reference-class-forecasting

awarded GB direct award procedure Suitable for SMEs

# ecm\_11487 - Reference Class Forecasting

[Department for Work and Pensions](https://tendernation.io/buyers/department-for-work-and-pensions)

Often single bidder

Estimated value

£70,000

Published

13 Oct 2023

Deadline

Closed

4 Aug 2023

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The creation of a Reference Class Forecast (RCF) by Oxford Global Projects (OGP) will provide the Synergy Programme with an outside view on the likely outcome of the programme, based on actual outcomes of similar projects.

An RCF is recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business case to underpin major investment decisions.

The proposed works consist of 2 work streams:

- The creation of program reference class based on past similar programs.
- The break-down of program and mapping of individual components.

## CPV classification

IT services: consulting, software development, Internet and support

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/319a8570-6b86-4367-a891-f203e2703576)

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