Tender Details

Country: United Kingdom
Summary: Low Pay Commission Call for For Research on the Impacts of Changes to the National Minimum Wage, Including the National Living Wage, on Household Incomes
GBT Ref No: 112925110
Deadline: 10 Feb 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 50000
Notice Type: Tender
Document Ref. No.: LPC2024/02
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Description:
The Low Pay Commission (LPC) invites tenders from researchers to identify and assess the impacts of changes to the National Minimum Wage, including the National Living Wage, on household incomes.

This project aims to further our understanding of the link between the NMW/NLW and living standards for households. It should also provide us with the capability of taking the project forward in future years.

The project should quantify how possible future changes in the NMW and NLW will affect the distribution of household income, having accounted for the position of NLW and NMW recipients in the income distribution, the importance of earnings from the NMW and NLW to those households, and the way that the tax and benefit system responds mechanically to increases in earnings of NMW and NLW recipients.

It should also enable the Low Pay Commission to conduct these analyses in future years. The LPC need to know how a given headline increase in the NMW/NLW affects household incomes. But the link between a headline increase in the NMW/NLW and the disposable income of the households containing NMW/NLW workers is complicated. As previous work has highlighted, the impact of an increase in the NMW/NLW on the income distribution depends on a) where NMW/NLW workers are in the household income distribution b) the importance of earnings from NMW/NLW to these households and c) the way that the tax and benefit system mechanically responds to a higher NMW/NLW (i.e. the marginal ...
Documents:

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Low Pay Commission Call for For Research on the Impacts of Changes to the National Minimum Wage, Including the National Living Wage, on Household Incomes - Unitedkingdom Tender

The LOW PAY COMMISSION, a Government sector organization in United Kingdom, has announced a new tender for Low Pay Commission Call for For Research on the Impacts of Changes to the National Minimum Wage, Including the National Living Wage, on Household Incomes. This tender is published on UnitedkingdomTenders under GBT Ref No: 112925110 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-02-10.

The estimated tender value is GBP 50000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.