Award

Provision of Finance Resource to HS2 Ltd

HS2

This public procurement record has 1 release in its history.

Award

21 Jul 2021 at 15:13

Award Notice
Summary of the contracting process

The procurement process involves HS2 Ltd, based in Birmingham, which has awarded a contract titled "Provision of Finance Resource to HS2 Ltd" for financial services. The procurement process, described as selective, concluded with the award on 28th April 2021, following a tender period that ended on the same date. The contract, valued at £261,000 and classified under financial and insurance services, commenced on 4th May 2021 and is set to conclude on 3rd November 2021.

This tender presents an opportunity for businesses in the finance sector, especially Small and Medium-sized Enterprises (SMEs), to expand their portfolios by collaborating on similar projects with large entities like HS2. Companies that can offer specialised financial services tailored to large-scale infrastructure projects will be particularly well-positioned to compete, as the procurement method utilised was a call-off from a framework agreement, emphasising the need for agility and expertise in service delivery.

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Notice Information

Notice Title

Provision of Finance Resource to HS2 Ltd

Notice Description

A Contract has been awarded to Ernst & Young LLP for the provision of finance services to HS2 Ltd for a period 6 months, starting on the 04/05/2021.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a3599a3a-71b3-4187-ab76-d23251638d7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b6db1b1-67b0-497e-a7c2-c96f7ff08f6d
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
£261,000 £100K-£500K
Lots Value
Not specified
Awards Value
£261,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20214 years ago
Submission Deadline
28 Apr 2021Expired
Future Notice Date
Not specified
Award Date
27 Apr 20214 years ago
Contract Period
3 May 2021 - 3 Nov 2021 6-12 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
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

ERNST & YOUNG

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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