Source: https://tendernation.io/opportunities/01a13cb9-c18c-730e-b5ae-b50f2198140d/review-of-the-use-of-stochastic-and-other-approaches-in-water-resource-managemen awarded GB restricted procedure Suitable for SMEs # Review of the use of stochastic and other approaches in water resource management [Defra](https://tendernation.io/buyers/defra) Often single bidder Estimated value £49,903 Published 29 Mar 2023 Deadline Closed 20 Jan 2023 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - 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 Water resource planning and the understanding of water supply risk is complicated by the availability and temporal and spatial variability of short observational records hydroclimatic inputs. In response the water industry has used synthetically created weather, often referred to as 'stochastics' to increase the available ensemble size. However, our understanding of the most appropriate way of creating and using such datasets, particularly within a changing climate, and the potential or not for using alternative methods and approaches to create water resource plans, is limited. 2 Aim and objectives: The aim of the project is to reflect on water resource planning to date and to look for opportunities to continually improve our approach. More specifically, the project will review the science behind currently used stochastic methods and the performance of existing data products, both within the UK and internationally. It will also perform a critique of and comparison with both alternative stochastic method(s) and alternative approaches to water resource planning, to inform a debate on the most appropriate methods and data for use in future rounds of Water Resource Management ### Plans (WRMP) The objectives of the project are to: • Conduct an objective assessment of the strengths and weaknesses of both the current stochastic method and data products, including climate change analysis, the different ways of statistically analysing stochastic data sets, any limits to their application, and make recommendations on their optimal use • Identify both potential alternative stochastic method(s) and potential alternative planning approaches and the opportunities they offer, including climate change analysis, statistical analysis, limits to application and optimal use • Expose the arguments for and against the continued use of stochastic approaches set against the arguments for and against alternative planning approaches, and to make recommendations, identify gaps and engage the wider community (users, academics, consultants) in a discussion on the future direction of WRMP Read full description ## CPV classification Research and development consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/606cf63a-4e59-4985-a52c-2a52d44db319) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. 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