---
title: "2-284 IT IT Commercial Financial Models Production and Assurance"
ocid: "ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HIGHWAYS ENGLAND"
published: "2021-02-14"
---

# 2-284 IT IT Commercial Financial Models Production and Assurance

Buyer: HIGHWAYS ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc.json)

## Summary

The public procurement process, initiated by Highways England, pertains to the contract titled "2-284 IT IT Commercial Financial Models Production and Assurance." This contract falls under the services industry category and is located within the United Kingdom. The procurement method employed is selective, specifically through a call-off from a framework agreement. While the tender period has concluded, the contract began on 29 January 2021 and is scheduled to run until 31 March 2021, with a total value of £62,829.45.

This tender presents significant opportunities for businesses specialising in financial modelling and consultancy services, particularly those with experience in public sector procurements. Companies that are well-suited to compete would include SMEs capable of providing commercial support and financial expertise to technology contract procurements. The ideal candidates will possess a strong understanding of financial models and be able to operate independently within project teams.

## Notice

The role is to produce (and provide assurance of) financial models for IT Commercial Division; the division responsible for procuring and managing technology contracts. A high level overview of the remit can be summarised as providing commercial support to the ITD procurement teams, including: - Preparation, development, and assurance of financial models for procurement of technology contracts. The format will be dependent on the NEC Option or HE bespoke option being used, which in some cases maybe procured through existing HE or Government frameworks, or OJEU-equivalent procurement. The financial models are to be produced from translating the details in the Scope or requirements (provided by IT Commercial). - Assistance with any financial model relating tender queries received during live procurements. - Evaluation and verification (including clarification, where applicable) of financial models received from Tenderers, and production of an assessment report. The role(s) will be ideally supported by seasoned commercial people, used to public sector procurements, comfortable working autonomously, self-starters, expected to advise and take the lead on commercial matters rather than co-ordinating other commercial personnel. The role will be to support, and be supported by, various project teams but will often be the sole commercial member available.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4e3911ed-fa91-4cca-88e0-2b56f4abd4d2 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Feb 2021 |
| Submission deadline | 22 Jan 2021 |
| Future notice date | Not specified |
| Award date | 29 Jan 2021 |
| Contract period | 29 Jan 2021 - 31 Mar 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £62,829 |
| Lots value | Not specified |
| Awards value | £62,829 |
| 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 | HIGHWAYS ENGLAND |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B1 1RN |
| 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 | CORDEROY |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 14 Feb 2021 at 13:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4e3911ed-fa91-4cca-88e0-2b56f4abd4d2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4e3911ed-fa91-4cca-88e0-2b56f4abd4d2
  14th February 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/5bc59967-edac-41fb-9213-10997d4535ef
  n/a

## 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-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-871331a9-89e1-408d-b9e9-5db1cc0efddc.json.