Award

Estimating and Cost Management Services

HIGH SPEED TWO (HS2) LIMITED

This public procurement record has 1 release in its history.

Award

18 Apr 2017 at 12:49

Summary of the contracting process

The procurement process, initiated by High Speed Two (HS2) Limited, involves the provision of Estimating and Cost Management Services, classified under Corporate finance and venture capital services. The contract, valued at £9,996,000, was awarded to AECOM Limited after a competitive tendering process. The contract period commenced on 14th November 2016 and extends until 13th November 2019. The tender was published on 4th October 2016, with the submission deadline occurring before 17th August 2016, and is applicable across various delivery locations, including the United Kingdom and its overseas territories.

This tender presents significant opportunities for businesses specialising in financial services, particularly those offering expertise in cost management and estimating for large-scale infrastructure projects. Companies that are experienced in working with governmental organisations and have a track record in financial consultancy or project management will be well-suited to compete. Such businesses can leverage this procurement to enhance their service offerings and expand their market presence, especially in the transportation and infrastructure sectors.

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Notice Title

Estimating and Cost Management Services

Notice Description

The services required under this contract are split into two distinct elements: 1) Estimating - which includes a range of services associated with preparing capital cost, whole life cost and associated deliverables. This will also include work associated with value challenges of bidders' submitted target prices 2) Cost Management - to include all activities associated with the cost management of specific projects including liaising with Commercial Management on contractor performance and with the project team over indirect and non-contracted costs using earned value.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-df83153f-f52f-4064-ba20-b898b1647cd6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7ed6289b-dcd1-49f8-b077-99056b8fa25d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£9,996,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Apr 20178 years ago
Submission Deadline
17 Aug 2016Expired
Future Notice Date
Not specified
Award Date
3 Oct 20169 years ago
Contract Period
14 Nov 2016 - 13 Nov 2019 2-3 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
HIGH SPEED TWO (HS2) LIMITED
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

AECOM

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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