Award

Contract Award - Finance Managed Services

HS2

This public procurement record has 1 release in its history.

Award

29 May 2024 at 11:41

Summary of the contracting process

The procurement process involves HS2 Ltd awarding a contract for financial managed services consultancy. The contract is under the CCS Management Consultancy Framework Three (MCF3), Lot 4 for Finance. The total contract value is £12,800,000, with the contract period starting on May 20, 2024, and ending on May 19, 2027. Procurement method used is selective, and the tender period ended on May 10, 2024. The buying organisation is HS2 based in Birmingham, United Kingdom.

This tender provides opportunities for large consultancy firms specialising in financial services to support HS2 Ltd's Finance function. Businesses with experience in financial consultancy services and the ability to deliver services in England are well-suited to compete for this tender. The contract offers a significant value of £12,800,000 over a 36-month initial period with a possible extension, presenting a lucrative opportunity for qualified financial consultancy firms.

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Notice Title

Contract Award - Finance Managed Services

Notice Description

HS2 Ltd is awarding a contract for consultancy services to support the Finance function for an initial period of 36 months with an optional extension period. The call-off contract is under the CCS Management Consultancy Framework Three (MCF3), Lot 4 for Finance.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-92bc93dd-d0b7-4c9a-a085-54b1757ab65e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71aa8b1f-a6be-45ff-96dc-cbf18bbe7dd8
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
Not specified
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
£12,800,000 £10M-£100M
Lots Value
Not specified
Awards Value
£12,800,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
29 May 20241 years ago
Submission Deadline
10 May 2024Expired
Future Notice Date
Not specified
Award Date
19 May 20241 years ago
Contract Period
19 May 2024 - 18 May 2029 4-5 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
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

PRICEWATERHOUSECOOPERS

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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