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    ContractsResearch on Economic Values for Life and Health Outcomes (Value of Life Year Study - Lot 3)
    Awarded contract

    Research on Economic Values for Life and Health Outcomes (Value of Life Year Study - Lot 3)

    Awarded
    £182.7k
    Published 24 Jul 2026

    Conduct supplementary empirical research to establish evidence-based economic values for government health and safety policy appraisals.

    🇬🇧United KingdomPublished 24 Jul 2026· 1 months agoviaContracts Finder
    Awarded
    £182.7k
    Published 24 Jul 2026

    Decision brief

    4 fields
    • Contract value
      £182,737
      Pounds sterling
    • Tender closed
      1 May 2026
      4 months ago
    • Sector
      Research & Innovation
      Browse related listings
    • Location
      🇬🇧United Kingdom

    Suppliers

    1 supplier
    • LE
      London Economics
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 1 months ago.

    24 Jul 2026Today1 May 2026

    Brief

    This research commission seeks to develop current, scientifically robust evidence-based values for economic appraisal, specifically: Value of a Life Year (VOLY), Willingness to Pay per Quality-Adjusted Life Year (WTP-QALY), and Value of a Prevented Fatality (VPF). These values are essential for UK Government departments and agencies to conduct rigorous cost-benefit analyses and economic evaluations of policies and interventions affecting public health and safety. The research will ensure that government decision-making is grounded in the latest evidence and can withstand external scrutiny. This is Lot 3, focusing on supplementary empirical research to strengthen and validate existing methodologies and findings.

    Track record

    14 awards · 10 winners
    Open field

    No single supplier dominates the field.

    In research innovation, DFTC DEPARTMENT FOR TRANSPORT has awarded 14 contracts to 10 suppliers.

    Who wins here
    1. IPSOS MARKET RESEARCH LIMITED3× · 21%
    2. UNIVERSITY OF LEEDS2× · 14%
    3. London Economics2× · 14%
    4. Agilysis1× · 7%
    5. VERIAN GROUP UK LIMITED1× · 7%
    6. Cambridge Environmental Research Consultants1× · 7%

    +4 more suppliers

    Across research innovation, the most active winners are IPSOS MARKET RESEARCH LIMITED, WSP UK LIMITED, IFF RESEARCH LIMITED — the field to beat, or your route in as a partner.

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    Take action
    View on sourceContracts Finder

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    contractsfinder.service.gov.uk
    Record ID
    05d5b6ec-f900-4f3f-a8b1-4798f61b1bd4-908158
    DD
    Buyer
    DFTC DEPARTMENT FOR TRANSPORT
    Sector
    Research & Innovation