--- title: "Review of Highways England's Asset Management of Road Technology" ocid: "ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9.json" source: "Contracts Finder" current_stage: "Award" buyer: "OFFICE OF RAIL AND ROAD" published: "2019-09-24" --- # Review of Highways England's Asset Management of Road Technology Buyer: OFFICE OF RAIL AND ROAD Current stage: Award OCID: ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9.json) ## Summary The OFFICE OF RAIL AND ROAD has initiated a procurement process for the project titled "Review of Highways England's Asset Management of Road Technology," which falls under the industry category of transport systems consultancy services. The tender process is currently at the award stage, with the contract awarded to ELLIOTT ASSET MANAGEMENT LTD on 30 January 2019. The tender was published on 8 January 2019, and the tender period concluded on 22 January 2019 at 12:00 hours. The project is based in London, United Kingdom, and has a contract value of £37,818 for a contract period running from 31 January 2019 to 15 April 2019. This procurement opportunity presents significant prospects for growth, especially for businesses specialising in consultancy services related to transport systems and asset management. Given the project's focus on safety, efficiency, and sustainability in managing road technology assets, small and medium-sized enterprises (SMEs) with expertise in these areas would be particularly well-suited to compete. Companies with a track record in delivering quality consultancy, efficiency optimisations, and management assessments could successfully engage in similar future tenders in the transport sector. ## Notice The project is being commissioned to assess Highways England's management of technology assets and to allow ORR to understand whether the company is managing these assets: * safely - i.e. managing safety risk for road users and workers to deliver safety outcomes / outputs / requirements; * robustly - i.e. managing assets in a way which will deliver outcome / output requirements for the road period; * sustainably - i.e. managing assets in a way which, if continued would continue to deliver outcome / output requirements in the long-term; and * efficiently - i.e. minimising the cost of managing the asset over the long-term by delivering the right interventions, at the right level of quality, at the right cost and at the right time. This will inform ORR's review of whether Highways England is meeting its licence requirements, including to "act in a manner which it considers is best calculated to [...] ensure the maintenance resilience, renewal, and replacement of the network" (4.2 b, 5.4 and 5.5) and licence requirements relating to safety, asset management, efficiency and value for money. Additional information: This tender closes on 22 Jan 19 at 12:00hrs. All communication must be made via the BRAVO portal. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d8d3d4ef-64ba-43fe-9ee1-53f58f9287b9 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 24 Sep 2019 | | Submission deadline | 22 Jan 2019 | | Future notice date | Not specified | | Award date | 30 Jan 2019 | | Contract period | 31 Jan 2019 - 15 Apr 2019 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £40,000 | | Lots value | Not specified | | Awards value | £37,818 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | OFFICE OF RAIL AND ROAD | | Locality | LONDON | | Post town | Central London | | Postcode | WC2B 4AN | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ELLIOTT ASSET MANAGEMENT | ## CPV Codes ### Divisions - 71 - Architectural, construction, engineering and inspection services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 71311200 - Transport systems consultancy services - 79410000 - Business and management consultancy services ## Release History - 24 Sep 2019 at 12:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d8d3d4ef-64ba-43fe-9ee1-53f58f9287b9 - 8 Jan 2019 at 13:39 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1f83c00a-0c7b-4746-b729-79a4782ae6ce ## Documents - https://www.contractsfinder.service.gov.uk/Notice/d8d3d4ef-64ba-43fe-9ee1-53f58f9287b9 24th September 2019 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/1f83c00a-0c7b-4746-b729-79a4782ae6ce 8th January 2019 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/6f5b6601-b341-4886-9758-5cdb4bedcc82 ORR/CT/18-78 Disclaimer - https://www.contractsfinder.service.gov.uk/Notice/Attachment/63dde0d3-4507-43d0-ab8a-de261dacee1d ORR/CT/18-78 Form of Tender - https://www.contractsfinder.service.gov.uk/Notice/Attachment/a0d7613e-99f4-42ec-99e7-b1fdb28016e8 ORR/CT/18-78 ITT - https://www.contractsfinder.service.gov.uk/Notice/Attachment/7b296c0e-15ec-49d8-856c-cff6df4a27e5 BRAVO Joining Instructions - https://www.contractsfinder.service.gov.uk/Notice/Attachment/0c27794c-44d0-404d-b6b9-7ed102148677 ORR/CT/18-78 Form of Agreement ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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