Research Contract – Financial Drivers of UK Capital Expenditure Performance

Research Contract – Financial Drivers of UK Capital Expenditure Performance

This research project aims to help provide answers to a number of key questions: – Why since the financial crisis, has private capital spending remained very weak?

P2130066BIS – Financial Drivers of UK Capital Expenditure Performance

Reference number: P2130066BIS

Deadline date:09/08/2013

This deadline is for… The final date for the submission of completed bid responses is 11:00am Friday August 9th 2013 GMT.

Contract value:£0 – £0

Location where the contract is to be carried out: United Kingdom

Is this suitable for smaller suppliers? Yes

Is this contract suitable for a voluntary, community and social enterprise organisations? No

Name of the buying organisation: UK Shared Business Services Ltd

 

Description of the contract

This research project aims to help provide answers to a number of key questions: – Why since the financial crisis, has private capital spending remained very weak? – Why according to the ONS’ macro data, has the corporate sector been hoarding cash in recent years; and why were firms hoarding cash even in the run up to the financial crisis when the corporate cash/GDP ratio increased at the same time as corporate borrowing? – Is the cash hoarding phenomenon net or gross i.e. are the same firms that hoard cash gross also cash-rich on a net basis (i.e. after taking account of their debts)? – Do UK businesses’ financial characteristics vary across size and sector, showing distinct patterns, and do these characteristics help explain capital expenditure performance (both relative and absolute). The objective of the project is to help answer these questions by generating new relevant data. BIS economists will then use the results of the project to develop hypotheses about patterns of investment performance, incentives and drivers of investment across the UK private sector, and from which we can probe potential market failures based on identifying anomalies in investment rates across firm size (from small to large and by sector).

 

Classification of the contract

79311400 Economic research services

79300000 Market and economic research; polling and statistics

79311410 Economic impact assessment

 

Additional information

Contract type: Services – Unspecified

Is it a framework agreement? No

Is this contract related to a programme of funding? No

Contract will be awarded based on: Most economically advantageous tender in terms of: The criteria stated in the contract documents

Estimated length of contract: 4 Months

 

Who to contact

Contact name Nicola Turner

Organisation name UK Shared Business Services Ltd.

Address North Star House, North Star Avenue, Swindon, Wiltshire, SN2 1FF

Telephone 01793 867301

Extension number:

Fax

How to apply

Please comply with all instructions as detailed in the tender document. Please note that failure to comply with these could result in your bid return being disqualified.