---
title: "2-235 Quantitative Risk Analysis (Cost and Schedule)"
ocid: "ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HIGHWAYS ENGLAND"
published: "2020-03-20"
---

# 2-235 Quantitative Risk Analysis (Cost and Schedule)

Buyer: HIGHWAYS ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575.json)

## Summary

The procurement process involves Highways England, which is seeking to establish a contract for Quantitative Risk Analysis (Cost and Schedule) services under the financial and insurance services category. This tender has been awarded to WSP following a selective procurement method as a call-off from a framework agreement. The contract period is set from 18th March 2020 to 17th July 2021, with a total contract value of £1,129,650. The tender's activity was formally completed on 16th March 2020 after its closure on 15th November 2019.

This tender presents significant opportunities for businesses specialising in risk management services, particularly those that can offer Quantitative Cost Risk Analysis and Quantitative Schedule Risk Analysis. Small and medium-sized enterprises (SMEs) may find this an advantageous avenue, given their suitability for the procurement process. Businesses with expertise in delivering risk assessments within major projects could leverage this contract to demonstrate their capabilities and potentially secure further contracts in a growing sector.

## Notice

Highways England is looking to set up a contract for provision of Risk Management services across Major Projects Directorate. The contract will be managed centrally by the Head of Profession - Risk within the MPDS (Major Projects Delivery Services) Directorate. The core services provided across Major Projects Directorate (MPD) will be QCRA (Quantitative Cost Risk Analysis) and QSRA (Quantitative Schedule Risk Analysis) to the projects and programmes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f0066621-6e2e-4ea6-a2b1-e7d7da278f8b |
| 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 | 20 Mar 2020 |
| Submission deadline | 15 Nov 2019 |
| Future notice date | Not specified |
| Award date | 16 Mar 2020 |
| Contract period | 18 Mar 2020 - 17 Jul 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,129,650 |
| Lots value | Not specified |
| Awards value | £1,129,650 |
| 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 | BRISTOL |
| Post town | Bristol |
| Postcode | BS1 6HA |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK5 West of England |
| ITL 3 | TLK51 Bristol, City of |
| Local authority | Bristol, City of |
| Electoral ward | Lawrence Hill |
| Westminster constituency | Bristol East |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WSP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 20 Mar 2020 at 15:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f0066621-6e2e-4ea6-a2b1-e7d7da278f8b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f0066621-6e2e-4ea6-a2b1-e7d7da278f8b
  20th March 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f22564c7-204c-4092-ac8d-485dbe275a39
  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-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9fd7adff-6eaf-427d-b49b-884910a79575.json.