# FX Advisory Services

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

## Key facts

- Public buyer: [HS2](/buyers/hs2/contract-awards)
- Contract winner: [Deloitte LLP](/contract-winners/deloitte/public-sector-contract-awards)
- Award value: £76,333
- Tender value: £76,333
- Award date: 20 August 2021
- Published: 7 September 2021
- Contract start: 1 September 2021
- Contract end: 31 May 2022
- Stage: awarded
- Procurement category: services
- Notice ID: aec8ca96-a9f2-45c6-be6b-937714d11154-466249
- OCID: ocds-b5fd17-b1188662-937e-4445-92e1-639e595f75e6

## Description

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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/aec8ca96-a9f2-45c6-be6b-937714d11154-466249)