Call for tenders' details
Status
Submission date
29/03/2019
Answer date
04/04/2019
Language
Status
Answered
Question details
Subject
stress testing of EU policy
Question
We notice that the title of the Framework mentions 4 fields- namely: ex-ante impact assessment, ex-post evaluation, estimating EU-added value, and stress testing of EU policy. However, in Section 3.2 on types of assessment and evaluation, we see only the first three fields mentioned. Could you please clarify what would be required of tenderers regarding the stress testing of EU policy?
Answer
04/04/2019
Stress-testing is a process of simulating scenarios about potential events or situations that might put policies or organisations under pressure. The aim of stress-testing is to assess the stability, strength and resilience of a particular entity in the context of developments or constraints beyond regular operational norms and provide guidance on areas in need of improvement, restructuring or rebuilding. By running stress-tests through an entire system, policy-makers can better identify potential pressure- or breaking-points, and weak links likely to be affected by a given shock, and focus efforts to prevent potential amplifiers from spreading risks to multiple actors, sectors or geographical regions. Knowing where, when and how amplification occurs should enable policy to substantially reduce uncertainty if an event takes place. Once amplifiers are identified, strategies can be developed to mitigate their potential or effect. Stress-testing could support Members, political groups and parliamentary committees in anticipatory law-making and agenda-setting. The scope of potential stress testing assignments is foreseen to be decided on a case-by-case basis, as is the case for the other three types of assignments. The expertise required will in principle also be similar to that required for assignments in the areas of ex-ante impact assessment and the estimation of European added value.