# PS21012 - Value Retention Processes for Resource Efficiency \(Circular Economy\)

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [UK SHARED BUSINESS SERVICES LIMITED](/buyers/uk-shared-business-services-limited/contract-awards)
- Contract winner: OAKDENE HOLLINS LTD\.
- Award value: £82,505
- Tender value: £82,505
- Award date: 3 June 2021
- Published: 14 June 2021
- Contract start: 7 June 2021
- Contract end: 15 December 2021
- Stage: awarded
- Procurement category: services
- Notice ID: fa8d1c26-1264-4f13-bcbb-4259ac52f7e9-443070
- OCID: ocds-b5fd17-9189c223-03a3-4b1b-8c7e-ee20771589d4

## Description

\*\*This contract has been awarded via Crown Commercial Services Research Marketplace DPS - RM6018 via further competition\.\*\* The final date and time for the submission of bids was Friday, 14th May at 11:00\. Brief Description of Requirement: The project aims to investigate a cluster of topics that collectively represent the tighter loops of the "circular economy" - where the value retained in products and the materials is optimised\. This goes beyond the typical focal point for many discussions on circular economy, namely what to do with waste\. This study will be used to inform technology/innovation needs, policy options and set of recommendations in order to develop a national Value Retention Strategy in the UK\. The resulting strategy would include innovations and policy aspects and consider innovative approaches throughout the life of a product, supporting a more sustainable, lower carbon, and more circular economy, as well as creating high quality jobs in a digitally-enabled future\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/fa8d1c26-1264-4f13-bcbb-4259ac52f7e9-443070)