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Tenfell
Closed tender
Published 14 Jul 2016

Reconciling Economic Welfare and GDP/GVA Impacts in Transport Intervention Economic Appraisals

Department for Transport · London

Key facts

Closing date
08 Aug 2016
Contract starts
15 Aug 2016
Contract ends
30 Nov 2016
Procedure
Not applicable
Buyer type
Central government

Description

The successful consultant will required to set out the methodology for reconciling welfare and GDP/GVA for transport investments.The theoretical framework used for converting GDP/GVA to welfare; How individual elements of GDP/GVA and Welfare might be measured under different economic conditions. For example where user benefits for commuters, business and others fit in under market clearing, excess demand and excess supply; Where measures are not available what needs to be done to develop them.

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