The Oxford-Cambridge Arc Economic Vision
The Oxford -Cambridge Arc is seen as one of the greatest untapped economic corridors in the UK and has been identified by Government as a key strategic priority for growth, development and investment.
Analysis prepared for the National Infrastructure Commission suggested that trend-based growth, reflecting established patterns of spatial development, could see the number of jobs across the Oxford – Cambridge Arc increase by 335,000 to 2050, increasing economic output by some £85bn. It also suggests that more transformational growth is possible. In a scenario where the Arc’s housing needs are better met and in which east-west links succeed in bringing distinct sub regional economies closer together – the area could support a further 700,000 jobs by 2050, increasing GVA by £163bn.
The Government has invited the three Local Enterprise Partnerships of OxLEP, SEMLEP and BLEP which over the corridor, together with the Mayoral Combined Authority for Cambridgeshire & Peterborough, to work together to develop a shared economic vision.
Our aim is to create a shared long term economic vision and Strategic Investment Plan for the Oxford – Cambridge Arc to 2050, to guide policy and investment decisions by partners in response to the Industrial Strategy White Paper, building on the emerging Local Industrial Strategies, existing Strategic Economic Plans & growth, infrastructure and skills strategies, which focus upon the potential of place and are supported by robust evidence and economic intelligence.
Tender Opportunity – Oxford to Cambridge Arc Productivity Programme
Following the publication of the Arc Economic Vision, the three LEP’s (Bucks, OXLEP and SEMLEP) together with the Mayoral Combined Authority for Cambridgeshire and Peterborough (MCA) and the Arc Universities Group, are keen to ensure that economic productivity is at the heart of future growth within the Arc.
The LEPs, MCA and Universities, wish to appoint a suitably qualified consultancy practice to prepare a Treasury compliant Green Book Business Case(s) for the ARC Productivity Workstream, which will support a joint Arc submission for investment to the Government Comprehensive Spending Review later in 2020.
Further details of the specification can be found via the links below.
Closing date for submissions is Wednesday 5th February 2020.