Award

Provision of Assurance Services Contracts

HS2

This public procurement record has 1 release in its history.

Award

04 Oct 2021 at 12:41

Summary of the contracting process

HS2 Ltd has completed the procurement process for the "Provision of Assurance Services Contracts," which falls under the accounting, auditing, and fiscal services category. This procurement, conducted through a selective method as a call-off from a framework agreement, awarded contracts valued at approximately £33 million, with the initial contract period starting on 2nd September 2021 and concluding on 1st September 2023. This tender was officially awarded on 31st August 2021, and the end of the tender period was 25th May 2021. The successful suppliers are PricewaterhouseCoopers LLP, Deloitte LLP, and Ernst & Young LLP, all situated in various locations across the UK.

This tender presents substantial opportunities for growth, particularly for businesses specialising in consultancy and advisory services, corporate assurance, and programme assurance. Although the awarded contracts have been taken by large firms, emerging firms and consortia with innovative solutions in audit and assurance services could leverage their agility and specialised expertise to compete effectively in future similar tenders. The landscape suggests that businesses with strong credentials and a proven track record in compliance and financial advisory sectors will be well-positioned to respond to upcoming opportunities within this market.

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Notice Title

Provision of Assurance Services Contracts

Notice Description

HS2 Ltd has awarded three contracts (as detailed below) following a further competition under Lot 3 (Audit) of the CCS Management Consultancy Framework ("MCF"). The contracts have been awarded for an initial period of two years, with the option to extend for a further period of up to two years (via single or multiple fixed terms). Lot 1 - Consultancy & Advisory Services Lot 2 - Corporate Assurance Lot 3 - Programme Assurance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-97e9099b-dc21-4036-bf22-a0f4ae0439f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/799c72ca-1fa9-4897-916d-1abd195b75bd
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

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


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£33,227,041 £10M-£100M
Lots Value
Not specified
Awards Value
£16,526,556 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Oct 20214 years ago
Submission Deadline
25 May 2021Expired
Future Notice Date
Not specified
Award Date
30 Aug 20214 years ago
Contract Period
1 Sep 2021 - 1 Sep 2023 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
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
3
Supplier Names

DELOITTE

ERNST & YOUNG

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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