Award

2-235 Quantitative Risk Analysis (Cost and Schedule)

HIGHWAYS ENGLAND

This public procurement record has 1 release in its history.

Award

20 Mar 2020 at 15:00

Award Notice
Summary of the contracting process

The procurement process involves Highways England, which is seeking to establish a contract for Quantitative Risk Analysis (Cost and Schedule) services under the financial and insurance services category. This tender has been awarded to WSP following a selective procurement method as a call-off from a framework agreement. The contract period is set from 18th March 2020 to 17th July 2021, with a total contract value of £1,129,650. The tender's activity was formally completed on 16th March 2020 after its closure on 15th November 2019.

This tender presents significant opportunities for businesses specialising in risk management services, particularly those that can offer Quantitative Cost Risk Analysis and Quantitative Schedule Risk Analysis. Small and medium-sized enterprises (SMEs) may find this an advantageous avenue, given their suitability for the procurement process. Businesses with expertise in delivering risk assessments within major projects could leverage this contract to demonstrate their capabilities and potentially secure further contracts in a growing sector.

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Notice Information

Notice Title

2-235 Quantitative Risk Analysis (Cost and Schedule)

Notice Description

Highways England is looking to set up a contract for provision of Risk Management services across Major Projects Directorate. The contract will be managed centrally by the Head of Profession - Risk within the MPDS (Major Projects Delivery Services) Directorate. The core services provided across Major Projects Directorate (MPD) will be QCRA (Quantitative Cost Risk Analysis) and QSRA (Quantitative Schedule Risk Analysis) to the projects and programmes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0066621-6e2e-4ea6-a2b1-e7d7da278f8b
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£1,129,650 £1M-£10M
Lots Value
Not specified
Awards Value
£1,129,650 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 20205 years ago
Submission Deadline
15 Nov 2019Expired
Future Notice Date
Not specified
Award Date
16 Mar 20205 years ago
Contract Period
18 Mar 2020 - 17 Jul 2021 1-2 years
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
BRISTOL
Postcode
BS1 6HA
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
Not specified
Local Authority
Bristol, City of
Electoral Ward
Lawrence Hill
Westminster Constituency
Bristol East

Supplier Information

Number of Suppliers
1
Supplier Name

WSP

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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