Award

Financial Monitoring Service

HS2

This public procurement record has 1 release in its history.

Award

01 Aug 2022 at 11:06

Award Notice
Summary of the contracting process

HS2 has awarded a contract for a Financial Monitoring Service, specifically a three-year subscription to Company Watch Gold membership for their Supply Chain Management team. This procurement, which falls under the subscription services category, was conducted through a direct procurement method as a single tender action, with an overall value of £26,763. The contract period commenced on 29th July 2022 and will conclude on 28th July 2025. The procurement process was published on 1st August 2022, and the relevant delivery address is located in Birmingham, West Midlands, United Kingdom.

This contract presents a valuable opportunity for businesses specialising in financial monitoring and subscription services. Small and medium-sized enterprises (SMEs), particularly those offering similar services or products aligned with the needs of major infrastructure projects, would be well-positioned to explore potential partnerships or future tenders in this domain. The ongoing relationship established through this contract may also encourage further business growth and innovation within the industry.

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Notice Information

Notice Title

Financial Monitoring Service

Notice Description

Financial Monitoring Services three year subscription to Company Watch Gold membership for use by Supply Chain Management team

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e4a0ef1-134e-40dc-8a67-d1cdaaa98a1d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/29b22fdc-c916-46e4-b98b-00649c474982
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£26,763 Under £100K
Lots Value
Not specified
Awards Value
£26,763 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Aug 20223 years ago
Submission Deadline
28 Jul 2022Expired
Future Notice Date
Not specified
Award Date
27 Jul 20223 years ago
Contract Period
28 Jul 2022 - 28 Jul 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HS2
Contact Name
Amber McStay
Contact Email
amber.fraser@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
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

COMPANY WATCH

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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