Research to improve the assessment and monitoring of Regional and Local Economic Growth

Description

The UK Infrastructure Bank ("UKIB") is a government-owned policy Bank, providing £22bn of infrastructure finance and partnering with the private sector and local government to finance a green industrial revolution and drive growth across the country. <br/><br/>Our mission is to partner with the private sector and local government to increase infrastructure investment in pursuit of our two strategic objectives: <br/><br/>• To help tackle climate change, particularly meeting the government’s net zero emissions target by 2050; and <br/>• To support Regional and Local Economic Growth (RLEG) through better connectedness, opportunities for new jobs and higher levels of productivity. <br/><br/>UKIB invests across the infrastructure landscape, including in new infrastructure technologies. UKIB has five priority sectors for investment, namely clean energy, storage, transport, digital, waste and water.<br/>Part of UKIB’s work is assessing and monitoring the impact which our investments have in relation to RLEG. As UKIB continues to grow, we want to improve how we assess and monitor RLEG to ensure that we can make the best assessment of RLEG impact.<br/><br/>UKIB is currently exploring what additional research in this space can provide and refining its requirements in relation to a potential tender. UKIB wishes to engage with potential suppliers of research in order to better understand what is possible in this space given time and budgetary constraints. Lot 1: The scope of this Early Market Engagement pertains to research enabling UKIB to improve how it monitors and assesses Regional and Local Economic Growth (RLEG). UKIB’s objectives for this market engagement are to:<br/>• Test our understanding of the issues related to identifying, articulating and measuring the opportunities for achieving RLEG through infrastructure investment, <br/>• Understand the cutting-edge evidence base and best practice methodologies relevant to regional and local economic growth, <br/>• Understand what might be achievable within our budget and timescale to expand our evidence base, our methodologies and our understanding of opportunities for achieving RLEG through UKIB infrastructure investments. Additional information: 1) UKIB intends to conduct Early Market Engagement ("EME") with the market through this Prior Information Notice ("PIN") with a view to sharing information and seeking input from the market to inform and shape current thinking and assist UKIB in its procurement plans and approach.<br/><br/>2) UKIB is providing potential suppliers the opportunity to provide input and feedback via an Request for Information (RFI). Questionnaires should be returned by the 27th of September 2024 in order that we can consider comments in advance of any formal procurement processes.<br/><br/>Relevant documents can be accessed via the live opportunities list on UKIB's Atamis eSourcing Portal in accordance with the instructions below and completed questionnaires must be submitted via the eSourcing Portal.<br/><br/>3) UKIB intends to conduct an Early Market Engagement Event on the 24th of September. Details are set out in the RFI document and we request that potential suppliers confirm their attendance via email by the 19th September.<br/><br/>4) UKIB is currently assessing Crown Commercial Service’s Research and Insights Dynamic Purchasing System (DPS) as a potential route to market - https://www.crowncommercial.gov.uk/agreements/RM6126. We would like to draw this to the attention of potential suppliers so that they can register on the DPS. It should be noted that applications to join the DPS can take up to 15 days to assess.<br/>5) Interested organisations should note that the detailed requirements, procurement strategy and timetable have not been finalised at this stage. UKIB will collate and analyse the responses received. Responses may be used to develop and scope the procurement strategy and process. UKIB will make a final decision on the procurement strategy, timetable, and content of the procurement documentation, having considered feedback. UKIB reserves the right to divide the scope into lots / service areas for bidding purposes and/or carve out some elements of the service scope and procure these separately.<br/><br/>6) To access, click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome.<br/><br/>Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the RFI documentation (including questionnaire), you will need to click on 'Register interest' - this will take you to the log-in page.<br/><br/>If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response.