Award

Quantitiative Risk Analysis and Risk Management Services

HS2

This public procurement record has 1 release in its history.

Award

14 Apr 2020 at 09:57

Summary of the contracting process

HS2 Ltd has completed a procurement process for "Quantitative Risk Analysis and Risk Management Services" within the consulting and business services sector. The contract was awarded to Equib Limited on 1 February 2020, with a total contract value of £164,800 and a minimum value of £120,000. The contract is set for an 8-month duration, concluding on 30 September 2020, with an option to extend for an additional 3 months if necessary. The procurement was conducted through a direct method, specifically a single tender action, which was below the specified threshold.

This tender offers substantial opportunities for businesses specialising in risk management and consulting services to engage with HS2 Ltd, a prominent organisation renowned for its infrastructure projects. Small and medium enterprises (SMEs) looking to expand their service offerings in quantitative risk analysis would be particularly well-suited to pursue similar contracts, benefiting from a streamlined procurement method and an established demand for expertise in this area.

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Notice Title

Quantitiative Risk Analysis and Risk Management Services

Notice Description

HS2 Ltd has awarded a contract to Equib Limited for the provision of Quantitative Risk Analysis and Risk Management Services for a period of 8 months. There is an option to extend the contract for a further 3 months should these services be required past the 30th September 2020.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a550eb73-918b-4c76-9cb9-192dbd953a89
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53227404-3c76-47ea-bead-1769c8f19961
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£164,800 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20205 years ago
Submission Deadline
1 Feb 2020Expired
Future Notice Date
Not specified
Award Date
1 Feb 20206 years ago
Contract Period
1 Feb 2020 - 30 Sep 2020 6-12 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

EQUIB

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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