---
title: "Quantitative Risk Analysis and Risk Management Services"
ocid: "ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HS2"
published: "2020-04-01"
---

# Quantitative Risk Analysis and Risk Management Services

Buyer: HS2  
Current stage: Award  
OCID: ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8

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## Summary

HS2 Ltd, based in Birmingham, has completed a contract award for "Quantitative Risk Analysis and Risk Management Services" to HKA Global Ltd. This procurement falls under the industry category of research and development services, with a total contract value of £479,980. The contract commenced on 1st February 2020 and is set to conclude on 30th September 2020, although there is an extension option available for an additional three months. This contract was awarded through a direct procurement method, specifically a single tender action below the threshold, with the tender period ending on 1st February 2020.

This tender presents significant opportunities for businesses in the consultancy sector, particularly those specialising in risk analysis and management. Small and medium-sized enterprises (SMEs) are encouraged to participate, as the contract aligns with their capacity and capabilities. The successful provision of these services may also pave the way for future collaborations with HS2 Ltd or similar organisations, enhancing growth prospects within the competitive landscape of public procurement.

## Notice

HS2 Ltd has awarded a contract to HKA Global Ltd 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 30th September 2020.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/90f69fce-ecf9-4e3a-88e8-0be2d6164448 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Apr 2020 |
| Submission deadline | 1 Feb 2020 |
| Future notice date | Not specified |
| Award date | 1 Feb 2020 |
| Contract period | 1 Feb 2020 - 30 Sep 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £479,980 |
| Lots value | Not specified |
| Awards value | £349,500 |
| 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 | HS2 |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B4 6GA |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Ladywood |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HKA GLOBAL |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 1 Apr 2020 at 07:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/90f69fce-ecf9-4e3a-88e8-0be2d6164448

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/90f69fce-ecf9-4e3a-88e8-0be2d6164448
  1st April 2020 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-45a0bba6-780d-4582-9352-b3eb0baf88d8.json.