Establishment of a Framework for the Provision of a Revenue Management System
Description
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.
The rest of this notice
The tender documents, the buyer's named contact and the award history for this notice are free. Create an account to open the full record.
- Download the tender documents
- Contact the buyer directly
- See who won, and for how much
- Get alerts for tenders like this one
Free — no card, no trial clock.
Guides for bidders
New to public sector tendering? These short guides explain how the process works.