Award

Specialist Technical Financial Advice

HIGHWAYS ENGLAND COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

23 Dec 2021 at 14:21

Summary of the contracting process

The procurement process involves Highways England Company Limited seeking Specialist Technical Financial Advice within the financial and insurance services industry. The contract, valued at £960,000, is located in England and is currently at the award stage. The contract period commenced on 26th November 2021 and will conclude on 29th June 2022. The procurement method employed was a contract extension, with the tender period having ended on 25th November 2021.

This tender presents significant opportunities for small and medium enterprises (SMEs) that specialise in financial consultancy and related services. Businesses that can offer innovative technical financial advice, particularly those with experience in public sector contracts, would be well-suited to compete in this procurement. The established supplier, Ernst & Young, demonstrates the competitive landscape and highlights the potential for collaboration or the need for differentiated offerings to win future contracts in this sector.

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Notice Title

Specialist Technical Financial Advice

Notice Description

Extension to maximum end date of contract. Additional information: Name of Framework CCS RM3745

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-47de76c3-2d1f-4abe-a116-b4cbe0c8ea5e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/036d368e-581e-442f-a0a0-d62e0eb6515a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Contract Extension
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£960,000 £500K-£1M
Lots Value
Not specified
Awards Value
£960,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Dec 20214 years ago
Submission Deadline
25 Nov 2021Expired
Future Notice Date
Not specified
Award Date
25 Nov 20214 years ago
Contract Period
26 Nov 2021 - 29 Jun 2022 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HIGHWAYS ENGLAND COMPANY LIMITED
Contact Name
Not specified
Contact Email
transparencysgrm@highwaysengland.co.uk
Contact Phone
Not specified

Buyer Location

Locality
GUILDFORD
Postcode
GU1 4LZ
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Guildford
Electoral Ward
Stoke
Westminster Constituency
Guildford

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Open Contracting Data Standard (OCDS)

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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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