Establishment of a Framework for the Provision of a Revenue Management System
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Source: Open Contracting Data Standard (OCDS)
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
- Status
- Bidding
- Sector
- Rail
- Location
- United Kingdom
- Updated
- 3 Nov 2026
- Source
- Open Contracting Data Standard (OCDS)
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Tender Information
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Status
Original status | active |
Taiyo status | Bidding |
Taiyo last update | 2026-11-03 |
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Description
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. |
Location
Country | United Kingdom (UK) |
Source
Source | Open Contracting Data Standard (OCDS) |
URL |
More Details
Record type | Tender |
Sector | Rail |
Article published date | 2026-07-02 |
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