Optimism Bias - Developing the Evidence Base
The aim of this research is to update the evidence base for the Optimism Guidance in WebTAG. The current guidance has come under scrutiny for being outdated as it fails to capture specific characteristics, complexities, and risk profiles of schemes as well as depending on datasets from 2002. This research project will acquire current cost datasets from various departments and organisations in order to update Optimism Bias uplift values.
Buyer
THE DEPARTMENT FOR TRANSPORT
Value
£64,000
Published
22 Mar 2019
Closes
20 Mar 2018
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Direct
Category
Services
Contract starts
20 Mar 2019
Contract ends
28 Jun 2019
CPV classifications
71311200
Transport systems consultancy services
Lots
Lot default Optimism Bias - Developing the Evidence Base
£64,000
The aim of this research is to update the evidence base for the Optimism Guidance in WebTAG. The current guidance has come under scrutiny for being outdated as it fails to capture specific characteristics, complexities, and risk profiles of schemes as well as depending on datasets from 2002. This research project will acquire current cost datasets from vario...
Delivery: British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, United Kingdom
Documents
Unlock document linkAwarded contract notice on Contracts Finder
22 Mar 2019
Awarded contract notice on Contracts Finder
Award notice · Web page
Award Letter
Not provided
Award Letter
Award notice · PDF
Contains public sector information licensed under the Open Government Licence v3.0.