Award

2-284 IT IT Commercial Financial Models Production and Assurance

HIGHWAYS ENGLAND

This public procurement record has 1 release in its history.

Award

14 Feb 2021 at 13:42

Award Notice
Summary of the contracting process

The public procurement process, initiated by Highways England, pertains to the contract titled "2-284 IT IT Commercial Financial Models Production and Assurance." This contract falls under the services industry category and is located within the United Kingdom. The procurement method employed is selective, specifically through a call-off from a framework agreement. While the tender period has concluded, the contract began on 29 January 2021 and is scheduled to run until 31 March 2021, with a total value of £62,829.45.

This tender presents significant opportunities for businesses specialising in financial modelling and consultancy services, particularly those with experience in public sector procurements. Companies that are well-suited to compete would include SMEs capable of providing commercial support and financial expertise to technology contract procurements. The ideal candidates will possess a strong understanding of financial models and be able to operate independently within project teams.

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Notice Information

Notice Title

2-284 IT IT Commercial Financial Models Production and Assurance

Notice Description

The role is to produce (and provide assurance of) financial models for IT Commercial Division; the division responsible for procuring and managing technology contracts. A high level overview of the remit can be summarised as providing commercial support to the ITD procurement teams, including: - Preparation, development, and assurance of financial models for procurement of technology contracts. The format will be dependent on the NEC Option or HE bespoke option being used, which in some cases maybe procured through existing HE or Government frameworks, or OJEU-equivalent procurement. The financial models are to be produced from translating the details in the Scope or requirements (provided by IT Commercial). - Assistance with any financial model relating tender queries received during live procurements. - Evaluation and verification (including clarification, where applicable) of financial models received from Tenderers, and production of an assessment report. The role(s) will be ideally supported by seasoned commercial people, used to public sector procurements, comfortable working autonomously, self-starters, expected to advise and take the lead on commercial matters rather than co-ordinating other commercial personnel. The role will be to support, and be supported by, various project teams but will often be the sole commercial member available.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4e3911ed-fa91-4cca-88e0-2b56f4abd4d2
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£62,829 Under £100K
Lots Value
Not specified
Awards Value
£62,829 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20215 years ago
Submission Deadline
22 Jan 2021Expired
Future Notice Date
Not specified
Award Date
29 Jan 20215 years ago
Contract Period
29 Jan 2021 - 31 Mar 2021 1-6 months
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
HIGHWAYS ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B1 1RN
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

CORDEROY

Further Information

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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