# Quantifying the economic value of marine species recovery

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

## Key facts

- Public buyer: [DEFRA](/buyers/defra/contract-awards)
- Contract winner: [ICF Consulting Services Limited](/contract-winners/icf-consulting-services/public-sector-contract-awards)
- Award value: £72,584
- Award date: 23 November 2023
- Published: 29 November 2023
- Contract start: 24 November 2023
- Contract end: 31 March 2024
- Stage: awarded
- Procurement category: services
- Notice ID: 5b023f72-ef81-4ba8-b6a8-b1514a255793-702773
- OCID: ocds-b5fd17-f72e39dc-ba36-4cd8-8395-8a6cd8fbf77f

## Description

This research is to quantify the benefits of marine species recovery that come about through protective measures such as Marine Protected Area designation, and the costs associated with activities which prevent such recovery\. This research will improve the analysis of policies affecting marine species by enabling the inclusion of recovery values in cost and benefit estimates\. This contract is awarded by DEFRA\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/5b023f72-ef81-4ba8-b6a8-b1514a255793-702773)