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The project is being commissioned to assess Highways England's management of technology assets and to allow ORR to understand whether the company is managing these assets:
⢠safely - i.e. managing safety risk for road users and workers to deliver safety outcomes / outputs / requirements;
⢠robustly - i.e. managing assets in a way which will deliver outcome / output requirements for the road period;
⢠sustainably - i.e. managing assets in a way which, if continued would continue to deliver outcome / output requirements in the long-term; and
⢠efficiently - i.e. minimising the cost of managing the asset over the long-term by delivering the right interventions, at the right level of quality, at the right cost and at the right time.
This will inform ORR's review of whether Highways England is meeting its licence requirements, including to "act in a manner which it considers is best calculated to [...] ensure the maintenance resilience, renewal, and replacement of the network" (4.2 b, 5.4 and 5.5) and licence requirements relating to safety, asset management, efficiency and value for money.
Additional information: This tender closes on 22 Jan 19 at 12:00hrs. All communication must be made via the BRAVO portal.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| ELLIOTT ASSET MANAGEMENT LTD | 10748779 | £37,818 | - |
Government spending data: This supplier has received £163,301 in 5 payments (over £25k) from ORR (2019-04-18 to 2022-04-08). View full payment history →