Opportunity overview
DFTO is issuing this notice to establish a framework agreement with two (2) suppliers for the provision of a Revenue Management System. The system must be capable of optimising rail fares through advanced forecasting, dynamic pricing, business rules, and inventory management. It should leverage artificial intelligence, machine learning, and both historical and real-time data to dynamically align pricing with demand and maximise revenue generation. The solution must be scalable and modular, and capable of supporting a range of business operating models through a flexible combination of forecast-driven and rules-based revenue management approaches. It is anticipated that the aggregate value of call-off contracts awarded under the Framework Agreement will not exceed £50 million (excluding VAT) over its duration.
Classification
- CPV72000000 — IT services: consulting, software development, Internet and support
Lots
- Lot 1£50m
Documents and notices
- Tender notice on Find a TenderOpen source ↗
- The Invitation to Participate procurement documents are available for unrestricted and full direct access, free of charge. These documents provide guidance on submitting a response and outline the scope and requirements of the subsequent Invitation to Negotiate stage. To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/8T7APBVD7Y If you experience any technical difficulties from accessing the above url, then please contact the Delta eSourcing Helpdesk on call 0800 923 9236 or email helpdesk@delta-esourcing.com.Open source ↗