Award

Phase One Programme Assessment Support

HS2

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 15:06

Summary of the contracting process

HS2 Ltd has awarded a contract for Phase One Programme Assessment Support to Turner & Townsend Cost Management. This procurement falls under the financial consultancy category, and encompasses services including financial transaction processing and clearing-house services. The contract, valued at £954,798 with an option to extend for an additional £261,015, started on the 21st of October 2024 and will run until the 4th of April 2025. This direct award, under the CCS framework, is notably significant for small and medium-sized enterprises (SMEs). Key delivery locations include British Overseas Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom, demonstrating the potentially broad scope of this contract.

This tender presents a substantial opportunity for businesses specialising in financial consultancy services to engage with a major infrastructure project. Turner & Townsend's role in this contract highlights the demand for expert programme assessment support. SMEs with expertise in financial transaction processing, clearing-house services, and consultancy are particularly well-suited to participate in such tenders. Furthermore, as the procurement method supports direct awards under established frameworks, businesses connected to or familiar with the CCS framework could find this an advantageous opportunity to expand their portfolio.

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Notice Title

Phase One Programme Assessment Support

Notice Description

The Contract has been awarded to Turner & Townsend for the provision of Phase 1 Programme Assessment services for a period of 24 weeks to the value of PS954,798. HS2 Ltd retain the option to extend the agreement by a period of 8 weeks for the additional value of PS261,015.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8ce5d43a-6ecf-42fb-afb6-ceb1915fe954
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/61768c7a-2885-4c5c-b7c3-1b583d8cb7e7
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 - Direct Award (CCS framework)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£1,215,813 £1M-£10M
Lots Value
Not specified
Awards Value
£954,798 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
18 Oct 2024Expired
Future Notice Date
Not specified
Award Date
17 Oct 20241 years ago
Contract Period
20 Oct 2024 - 4 Apr 2025 1-6 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
HS2
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
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

TURNER & TOWNSEND COST MANAGEMENT

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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