Award

Counter Fraud and Business Ethics (CFBE) Expert Services

HS2

This public procurement record has 1 release in its history.

Award

18 Mar 2025 at 10:44

Summary of the contracting process

HS2 has awarded a contract for "Counter Fraud and Business Ethics (CFBE) Expert Services" to Grant Thornton Limited. This procurement falls under the financial consultancy services industry category and has a total value of £76,400. The services are required to be delivered to multiple locations, including the United Kingdom, British Overseas Territories, Channel Islands, Isle of Man, Europe, and the Rest of the World. The procurement method employed was selective, via a call-off from a framework agreement. Important dates include the tender period ending on 10th February 2025 and the contract period running from 11th February 2025 to 24th February 2025. As of 11th February 2025, the award status is active.

This tender creates significant opportunities for businesses providing financial consultancy, particularly those with expertise in counter fraud measures, whistleblowing processes, fraud risk assessment, and business ethics frameworks. While the contract has been awarded to a large firm, the framework agreement implies the possibility of future opportunities within the scope of CFBE services, making it an attractive prospect for specialised firms aiming to position themselves as key suppliers in public sector projects. Businesses with a strong background in implementing data analytics software for fraud detection and ethical business operation evaluation will find ample growth opportunities through similar forthcoming tenders.

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Notice Title

Counter Fraud and Business Ethics (CFBE) Expert Services

Notice Description

Contract intended to evaluate and define the operating environment for CFBE. With a focus on whistleblowing processes, implementation of a fraud risk assessment, configuration of data analytics software, and finally business ethics.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3385edcd-6c11-48c8-af2f-27f0df40ff7e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e2139257-b5f2-4b56-aab9-a1747ecd13e7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£76,400 Under £100K
Lots Value
Not specified
Awards Value
£76,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Mar 202511 months ago
Submission Deadline
10 Feb 2025Expired
Future Notice Date
Not specified
Award Date
11 Feb 20251 years ago
Contract Period
11 Feb 2025 - 24 Feb 2025 30 days
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
HS2
Contact Name
Emily Grey
Contact Email
emily.grey@hs2.org.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 6GA
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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