Economic Scenario Model (ESM)

Update 21.05.24 - Section 1 contract value (ex VAT) updated in line with the now known expected spend on additional modules. The scope for additional modules and subsequent spend were included within the Invitation to Tender and Award Notices. The PPF procured a licence and associated services for an Economic Scenario Model (ESM) for use in assumption-generation for a range of medium and long-term modelling. The solution provides a real-world calibration of an appropriate timeframe, including outputs for a sufficie...