# Review of Highways England's Asset Management of Road Technology

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: OFFICE OF RAIL AND ROAD
- Contract winner: ELLIOTT ASSET MANAGEMENT LTD
- Award value: £37,818
- Tender value: £40,000
- Award date: 30 January 2019
- Published: 24 September 2019
- Contract start: 31 January 2019
- Contract end: 15 April 2019
- Stage: awarded
- Procurement category: services
- Notice ID: d8d3d4ef-64ba-43fe-9ee1-53f58f9287b9-315747
- OCID: ocds-b5fd17-139826a7-759d-4ac7-b43c-c38a3b8c7ff9

## Description

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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/d8d3d4ef-64ba-43fe-9ee1-53f58f9287b9-315747)