Megadrought impacts

Overview

The EU funding opportunity titled "Megadrought impacts" is a services procurement contract managed by the European Commission's Joint Research Centre (DG JRC). This contract aims to engage specialized consulting and research organizations to develop innovative macro-financial agent-based modelling (ABM) approaches to assess how mega-droughts impact European financial stability and economic performance. It is not a traditional grant opportunity. Eligible applicant types include private consulting firms, research organizations, academic institutions, and specialized service providers with expertise in macroeconomic modelling and climate impact assessments. Small and medium-sized enterprises (SMEs) are deemed unsuitable for this contract, suggesting that larger, more established organizations are preferred. The funding type for this opportunity is a procurement of services, specifically classified under the CPV code 73000000 for research and development services. The raw data does not specify consortium requirements, but the complexity of ABM work may favor either a single specialized contractor or a consortium. Geographic eligibility likely includes EU Member States, associated countries, and possibly other nations, although specifics are not provided. The target sectors include climate and environment, financial services and economics, and research and development services, particularly pertaining to climate resilience and economic modelling. The project is positioned in the research and development stage, focusing on analytical development rather than commercialization. No funding amount is provided in the preliminary documentation, which is common for these early notices. The application type is an open call requiring an expression of interest with a registration deadline of February 6, 2026, and a submission deadline expected shortly thereafter on February 9, 2026. The nature of support involves payment for services rendered, distinguishing it from projects funded through grants. The contract will engage the selected contractor for a period of 24 months to deliver research and modelling services. The application process is reported to have at least two stages: the expression of interest followed by formal tender submission, with evaluations based on established criteria. There is no co-funding requirement as this is a direct procurement, where the contractor is compensated for services rather than contributing financially to a project. The announcement stresses that this is a pre-announcement of a forthcoming negotiated procedure for a low or middle value contract and urges interested parties to express their interest electronically. In summary, the "Megadrought impacts" opportunity represents a significant engagement for specialized firms to contribute to understanding the effects of severe drought periods on European financial systems through advanced modelling techniques.

Detail

This is a pre-information notice, not a call for tenders. It announces the European Commission, DG JRC Joint Research Centre's intention to publish a future negotiated low or middle value procedure. The procedure identifier is EC-JRC/IPR/2026/LVP/0033-EXA. The contract aims at exploring the use of innovative macro-financial agent-based modelling approaches to characterize the impacts of mega-droughts on European financial stability and economy. Agent-based models (ABMs) are particularly suited for capturing the dynamic and heterogeneous nature of economic responses to climate change, unlike general equilibrium models. The procedure type is a planned negotiated procedure for a middle/low value contract. The nature of the contract is for services. The maximum contract duration is 24 months. There is no framework agreement. The main classification (CPV) code is 73000000 Research and development services and related consultancy services. The start date for expression of interest is 2026-01-21 Europe/Brussels. The deadline for expression of interest is 07/02/2026 05:59 Europe/Rome. The indicative date of launch of the negotiated procedure is 2026-02-09 Europe/Rome. The method of expression of interest is electronic. Submissions must be sent exclusively at the address for submission given. To express interest, use the "Express interest" link. A question and answer section is available. To create a question, one must log in. A FAQ section is available, and the Q&A can be downloaded as an XLS file. A question was asked: Where can I find the procurement documents for calls for tenders with ‘ExA' in the reference? The answer is that references that feature an ‘ExA’ are not calls for tenders but a publication announcing the contracting authority’s intent to launch in the future a low or middle negotiated procedure. This answer was published on 03/10/2024 16:32. In summary, this is a pre-announcement for a future low to middle value negotiated procedure related to research and development services. The European Commission, specifically the Joint Research Centre (JRC), intends to explore the use of agent-based modelling to assess the impact of mega-droughts on European financial stability and the economy. The expression of interest period is scheduled for early 2026. This announcement is not a call for tenders, and procurement documents are not yet available. The opportunity focuses on using innovative modelling techniques to understand complex economic responses to climate change, specifically mega-droughts.

Find a Consultant to Support You

Breakdown

Eligible Applicant Types: The eligible applicant types are not explicitly stated in the provided text. Given the nature of the contract, which involves research and development services, potential applicants could include research institutes, universities, consulting firms, or other organizations with expertise in macro-financial agent-based modelling. Funding Type: The funding type is a service contract, specifically a planned negotiated procedure for a middle/low value contract. Consortium Requirement: The text does not explicitly state whether a single applicant or a consortium is required. This will likely be specified in the future call for tenders. Beneficiary Scope (Geographic Eligibility): The geographic eligibility is not explicitly stated. However, given that the contracting authority is the European Commission, DG JRC, it is highly likely that the beneficiary scope includes EU member states, and potentially other countries participating in EU research programs. Target Sector: The target sector is research and development services related to the impacts of mega-droughts on European financial stability and economy. This falls under the broader categories of climate, environment, and finance. It also involves advanced modelling techniques. Mentioned Countries: No specific countries are mentioned, but the focus is on the European economy and financial stability, implying a focus on the EU. Project Stage: The project stage is research, as the contract aims at exploring the use of innovative macro-financial agent-based modelling approaches. Funding Amount: The funding amount is described as a "middle/low value contract," but no specific range is given. It is likely to be under €200K, but this is speculative. Application Type: The application type will be a negotiated procedure, which will be launched at a later date. The expression of interest is electronic. Nature of Support: The beneficiaries will receive money in exchange for services. Application Stages: The application process involves at least two stages: an expression of interest and a subsequent negotiated procedure. Success Rates: The success rates are not mentioned, but given that it is a negotiated procedure, the success rate will likely be higher than an open call. Co-funding Requirement: The text does not mention any co-funding requirement. Summary: This is a pre-announcement of a future negotiated procedure for a low or middle value contract by the European Commission, DG JRC. The contract focuses on exploring the use of innovative macro-financial agent-based modelling approaches to characterize the impacts of mega-droughts on European financial stability and economy. The contracting authority intends to launch a negotiated procedure for middle/low value contract. The main classification is research and development services and related consultancy services. The maximum contract duration is 24 months. The start date for expression of interest is 2026-01-21 and the deadline is 2026-02-07. The indicative date of launch of the negotiated procedure is 2026-02-09. The method of expression of interest is electronic. Interested parties are invited to express their interest electronically. This is not a call for tenders, but a publication announcing the contracting authority’s intention to publish a future negotiated low or middle value procedure. The aim of the contract is to explore the use of innovative macro-financial agent-based modelling approaches to characterize the impacts of mega-droughts on European financial stability and economy. The procedure type is a planned negotiated procedure for middle/low value contract. The lead contracting authority is the European Commission, DG JRC - Joint Research Centre. The nature of the contract is services. There is no framework agreement.

Short Summary

Impact

The contract aims to explore and characterize how mega-droughts impact European financial stability and economic performance through innovative macro-financial agent-based modelling approaches.

Applicant

Expertise in macro-financial modelling, climate impact assessment, and advanced research methodologies is needed to execute the project.

Developments

Funding will support research and development services related to the impacts of mega-droughts on financial stability and economic performance.

Applicant Type

This funding is designed for private consulting firms, research organizations, academic institutions, and specialized service providers with substantial expertise.

Consortium

The contract may be suitable for a single specialized contractor or a consortium, but this is not explicitly required.

Funding Amount

The funding amount is not specified, but it is described as a middle/low value contract, likely under €200,000.

Countries

The opportunity is focused on Europe, particularly EU Member States, but no specific countries are mentioned.

Industry

The funding targets sectors related to climate and environment, financial services, and research and development services.

Update Log

No updates recorded yet.

Discover with AI

Let our intelligent agent help you find the perfect funding opportunities tailored to your needs.

Try AI Agent →

EU Grant Database

Explore European funding opportunities in our comprehensive, up-to-date collection.

Browse Database →

Stay Informed

Get notified when grants change, deadlines approach, or new opportunities match your interests.

Configure Notifications →

Track Your Favorites

Follow grants you're interested in and keep them organized in one place. Get updates on changes and deadlines.

Use the Follow button above ↑

Dynamic Purchasing System (DPS) for IT SERVICES RELATED TO APPLICATION DEVELOPMENT AND MAINTENANCE

TenderOpen

This document describes a procurement opportunity under a Dynamic Purchasing System (DPS) established by the European Union Agency for the Operational Management of Large-Scale IT Systems (eu-LISA) for IT services related to application...

October 20th, 2031

CEPOL Diploma Course Financial investigation

TenderOpen

The European Union Agency For Law Enforcement Training (CEPOL) has issued a call for tenders (CEPOL/2025/OP/0020) to procure services for designing, developing, and implementing a blended multi-modular pilot Diploma Course on Financial I...

April 8th, 2026

EU Risk Analysis of marine oil pollution by ships and by oil and gas installations

TenderOpen

The European Maritime Safety Agency (EMSA) has issued a call for tenders, identified as EMSA/2026/OP/0004, to conduct a "EU Risk Analysis of marine oil pollution caused by ships and oil and gas installations." This opportunity is structu...

March 25th, 2026

Servizi di pulizia e manutenzione per la sede EFSA mediante pratiche eco-sostenibili

TenderOpen

The European Food Safety Authority (EFSA) is seeking bids through a public procurement contract for cleaning and maintenance services at its headquarters in Parma, Italy. This opportunity, valued at €4.3 million, is divided into two lots...

March 31st, 2026

Call for Expressions of Interest

TenderOpen

This opportunity is a Call for Expressions of Interest (CEI) referenced as UCA 22/022, published on the TED (Tenders Electronic Daily) platform. It is initiated by the Directorate-General for Research and Innovation, with the aim to pre-...

July 21st, 2026

Location d’un plotter et services associés

TenderForthcoming

The content outlines a planned procurement tender by the European Commission, specifically related to the rental of plotting machines and associated services. This is categorized as a public procurement tender rather than a traditional g...

March 17th, 2026

Support to detection of EU plant pests: trapping (LOT 1), eDNA (LOT 2) and remote sensing imagery (LOT 3)

TenderOpen

This opportunity involves a call for tenders from the European Food Safety Authority (EFSA) titled "Support to detection of EU plant pests: trapping (LOT 1), eDNA (LOT 2), and remote sensing imagery (LOT 3)." The total estimated value of...

March 18th, 2026

Administrative support services to EUSPA

TenderOpen

This opportunity is an invitation to tender issued by the European Union Agency for the Space Programme (EUSPA) for the provision of administrative support services, identified as EUSPA/PRG/2026/OP/0003. The total estimated value of the...

March 23rd, 2026

Professional Services Dynamic Purchasing System (PROSERV DPS)

TenderOpen

The European Commission, specifically DG DIGIT Digital Services, has announced a procurement opportunity for a Professional Services Dynamic Purchasing System (PROSERV DPS). This procurement aims to source professional IT services, inclu...

December 31st, 2027

Regional Maritime cooperation ‘Assistance mechanism for the European Sea basins strategies in the Atlantic, Western Mediterranean, Black and North Seas’

TenderOpen

The European Climate, Infrastructure and Environment Executive Agency (CINEA) has released an invitation to tender designated CINEA 2026 OP 0001 for the establishment of a Sea Basin Strategy Assistance Mechanism. This initiative aims to...

April 10th, 2026

IT Service Provision for the EPPO

TenderOpen

The European Public Prosecutor's Office (EPPO) is inviting tenders for external IT service provision through an open call for tenders, identified as EPPO/2025/OP/0020. The total estimated value of the procurement is €32,670,000, divided...

March 23rd, 2026

Dynamic Purchasing System for Cloud Services (CLOUD III DPS)

TenderOpen

The European Commission, through DG DIGIT Digital Services, has announced a call for tenders for a Dynamic Purchasing System for Cloud Services known as CLOUD III DPS, identified by the reference DIGIT/2023/DPS/0031. This procurement pro...

December 31st, 2027