Published date: 25 March 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Project management consultancy services - 72224000
Location of contract
Any region
Value of contract
£752,132.21
Procurement reference
tender_402277/1335312
Published date
25 March 2024
Closing date
2 November 2023
Closing time
7pm
Contract start date
19 March 2024
Contract end date
31 March 2025
Contract type
Service contract
Procedure type
Call-off from a framework agreement
A mini-competition or direct purchase from a pre-established framework agreement.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
Effective risk and issue management is crucial to enable Major Projects Directorate (MPD) to make more informed decisions, to set realistic budgets and baselines for risk and uncertainty, to proactively manage risks and ultimately to improve the level of confidence in project and programme's delivery.
The Client is looking to set up a contract for provision of a Quantitative Risk Analysis (QRA) Service across MPD.
QRA is a process for estimating or calculating the potential risk impact of an event or series of events based on statistical sampling and modelling techniques. It identifies a probabilistic range of outcomes as opposed to a deterministic (single point) estimate for the overall risk impact on a project. QRA encompasses analysis of cost impacts ('quantitative cost risk analysis' or QCRA) and schedule impacts ('quantitative schedule risk analysis', or QSRA).
Award information
Awarded date
19 March 2024
Contract start date
19 March 2024
Contract end date
31 March 2025
Total value of contract
£752,132.21
This contract was awarded to 1 supplier.
AtkinsRéalis
Address
Dunedin House, Riverside Quay Teesdale, Stockton, TS17 6BJ
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
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Closing: 2 November 2023, 7pm
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