Award of Highways New Assets Framework Agreement 2024 to Octavius Infrastructure by Somerset Council
Somerset Council · Awarded contract
AwardedAward of Highways New Assets Framework Agreement 2024 to Octavius Infrastructure by Somerset Council
Awarded 31 Mar 2024
Awarded31 Mar 2024
Value£21,000,000.00
AgencySomerset Council
RegionUnited Kingdom
CategoryInfrastructure
Expires in 1y 5mo4y term, 65% elapsed
Awarded 31 Mar 2024Expires 30 Mar 2028
About
Somerset Council awarded a contract to Octavius Infrastructure T/A R&W Civil Engineering Ltd for the Highways New Assets Framework Agreement 2024.
The framework has an estimated value between £2m and £5.25m per annum, with a total of up to £21m over its lifetime.
It is a single supplier framework using the form of contract set out in the Framework Agreement in the procurement documents.
Individual call-off contracts, titled 'Task Orders', will be issued in a form that incorporates the NEC4 Engineering Construction Short Contract.
The maximum estimated value of individual projects to be procured through this contract at the Task Order quotation stage is £1,000,000, though the Client may, following consultation with the Contractor, use this framework for projects with an estimated value exceeding £1,000,000.
The Framework Agreement itself is not an NEC4 Framework Contract.
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Award of Highways New Assets Framework Agreement 2024 to Octavius Infrastructure by Somerset Council
Won by Octavius Infrastructure T/A R&W Civil Engineering Ltd · Somerset Council
£21.0Mawarded
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