---
title: "FX Advisory Services"
ocid: "ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HS2"
published: "2021-09-07"
---

# FX Advisory Services

Buyer: HS2  
Current stage: Award  
OCID: ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6.json)

## Summary

The procurement process involves HS2 Ltd, based in Birmingham, seeking FX Advisory Services to manage the foreign currency risks associated with their costs, which total £76,333. The tender is classified under financial consultancy services, and the contract period commenced on 1 September 2021, ending on 31 May 2022. The procurement method used was selective, with the procedure executed as a call-off from a framework agreement. The tender period concluded on 31 August 2021, making the process currently complete.

This contract presents significant opportunities for SMEs with expertise in financial consultancy, particularly those skilled in managing foreign exchange risks. Given the current economic climate following Brexit, businesses capable of providing strategic advice and services in foreign currency management will be well-positioned to compete. Engaging in such tenders can help businesses expand their client base and enhance their reputations in the financial advisory sector.

## Notice

A material portion of HS2 Ltd's costs are denominated in foreign currencies and hence are subject to potential price volatility, both positive and negative, from movements in FX rates. Given the current FX volatility caused by Brexit, FX risk is increasingly being raised as a cost driver by suppliers across all of HS2 Ltd's procurements.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aec8ca96-a9f2-45c6-be6b-937714d11154 |
| 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 | 7 Sep 2021 |
| Submission deadline | 30 Aug 2021 |
| Future notice date | Not specified |
| Award date | 19 Aug 2021 |
| Contract period | 31 Aug 2021 - 31 May 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £76,333 |
| Lots value | Not specified |
| Awards value | £76,333 |
| 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 | DELOITTE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 7 Sep 2021 at 07:36 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/aec8ca96-a9f2-45c6-be6b-937714d11154

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/aec8ca96-a9f2-45c6-be6b-937714d11154
  7th September 2021 - 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-b1188662-937e-4445-92e1-639e595f75e6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6.json.