Award

HS2 Financial and Economic Assessments

HS2

This public procurement record has 1 release in its history.

Award

25 Jan 2018 at 15:15

Summary of the contracting process

The procurement process for the "HS2 Financial and Economic Assessments" contract, initiated by HS2 Ltd., has been successfully completed. This contract, valued at £250,000, involves providing financial consultancy services and includes a contractual period from 12th January 2018 to 11th January 2020. The procurement was conducted under the Crown Commercial Service RM3745 Management Consultancy Framework (Lot 2 Finance) and was officially awarded on 29th November 2017. The services are to be delivered at locations in Birmingham and London, and this contract permits a potential extension of six months beyond the initial term.

This tender presents an excellent opportunity for businesses specialising in financial consultancy services, especially small and medium-sized enterprises (SMEs) that can offer tailored advisory solutions. Companies with experience in economic assessments and evaluations of financial standings will be well-suited to compete in future similar tenders. The procurement method chosen suggests consultative approaches to service delivery, encouraging innovative proposals that align with HS2's recruitment of experts for its ambitious infrastructure projects.

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Notice Title

HS2 Financial and Economic Assessments

Notice Description

Support services to provide guidance and support on the development of financial and economic assessment criteria within HS2 Ltd.'s major procurement exercises, undertaking evaluations of the economic and financial standing of Tenderers, and advising on issues arising from financial and economic criteria and evaluations. This contract has been awarded to Bramble Hub Limited on a two year (+ six months) term, following a further competition under the Crown Commercial Service RM3745 Management Consultancy Framework (Lot 2 Finance)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5caabdd5-421c-430b-bfeb-0d61e7538ea6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/92b7a334-7163-4efe-8190-0ad669e74302
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 -
Tender Suitability
SME
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
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20188 years ago
Submission Deadline
1 Nov 2017Expired
Future Notice Date
Not specified
Award Date
29 Nov 20178 years ago
Contract Period
12 Jan 2018 - 11 Jan 2020 1-2 years
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
Not specified
Contact Email
jennifer.bignell@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), TLI London

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

BRAMBLE HUB

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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