Open tender · United Kingdom · Services

​​Independent review of ORR's approach to cost assessment and efficiency target setting for National Highways​

Office of Rail and Road

Office of Rail and Road in the United Kingdom is inviting bids for “​​Independent review of ORR's approach to cost assessment and efficiency target setting for National Highways​”. Bids close on 16 October 2026, 12:00 BST; the estimated value is £100,000. Who can bid: Project teams must include substantial senior input from individuals not directly involved in the RIS3 Efficiency Review work; Bidders must provide CVs of the consultants who will deliver the project. askTender lists every requirement to qualify and checks whether your company meets them.

The tender in brief

Independent review of cost assessment and efficiency target setting for National Highways, for consultancies with regulated-sector review experience

The Office of Rail and Road seeks an independent review of its approach to cost assessment and efficiency target setting for National Highways. The work has two phases: reviewing the RIS3 Efficiency Review and recommending improvements for RIS4. The maximum budget is £100,000 excluding VAT, with deliverables due between December 2026 and February 2027.

Who can win it

  • Project teams must include substantial senior input from individuals not directly involved in the RIS3 Efficiency Review work
  • Bidders must provide CVs of the consultants who will deliver the project
  • Bidders must demonstrate experience of comparable economic or financial reviews in other regulated sectors

Key facts

Estimated value
£100,000
Contract period
2 November 2026 to 19 February 2027 (3 months, 18 days)
How bids are judged
Quality 90% (Methodology 40%, Delivery 20%, Experience 30%) and Cost 10%
Published
15 Sep 2026

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Public data: Contains public sector information licensed under the Open Government Licence v3.0. Source: Find a Tender Service (Cabinet Office). · Sources & licences