# UK SBS FWRECR16076 GNSS - Economic Impact to the UK through Loss

> 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: [London Economics Ltd](/contract-winners/london-economics/public-sector-contract-awards)
- Award value: £59,980
- Tender value: £60,000
- Award date: 4 October 2016
- Published: 18 November 2016
- Contract start: 3 October 2016
- Contract end: 3 April 2017
- Stage: awarded
- Procurement category: services
- Notice ID: fb2f2535-416a-401e-9e95-337e5b046b4d-112247
- OCID: ocds-b5fd17-4cb4c122-adca-11e6-9901-0019b9f3037b

## Description

The question this study needs to answer is “What is the economic impact to the UK through the loss, howsoever caused, of GNSS, for up to 5 days”\. The study should also attempt to quantify the economic benefit that GNSS technology and services bring to the UK, and the impact of public funding in this area\. The scope of study is limited to addressing GNSS, its economic benefits and cost to the economy \(government and private sector\) as a result of its loss\. Alternate forms of providing Position Navigation and Timing \(PNT\), including terrestrial systems or alternate sensor systems should9 be identified in the context of their ability to mitigate the impacts identified, perhaps in the form of recommendations\. Costs identified with these mitigation strategies should also be identified\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/fb2f2535-416a-401e-9e95-337e5b046b4d-112247)
