Procurement of the Regional Econometric Model

Descriptions

The West Yorkshire Combined Authority / the LEP, is seeking to procure services for delivery of a Yorkshire & Humber Regional Econometric Model. The Model needs to provide economic, demographic, environmental and labour market data and forecasts at national, regional and local levels. This includes detailed sector, occupations and skills level breakdowns. It also needs to have the functionality to model scenarios in a range of ways, including through inputting jobs, as well as varying skills, population and environmental indicators. This commission is for a 3 year contract to build and provide the REM with two versions in each financial year, together with the maintenance and development of analytical tools.