Risk management for an advanced works High Speed 2 rail tender

Manchester and Birmingham, United Kingdom

Partners

Ramboll
Laing O'Rourke

Services

Quantitative cost risk analysis
Tender preparation

Challenge

The HS2 Phase 2a advanced civil works package covered a significant section of the high-speed rail route. The tendering contractor needed to develop a risk management approach that demonstrated maturity and rigour to HS2 Ltd while also providing a realistic assessment of cost and schedule risks for the bid price.

Solution

Floreer developed the risk management plan, facilitated risk identification workshops, and delivered quantitative cost risk analysis to inform the tender price. The team worked alongside estimators and planners to ensure that risk analysis outputs were integrated into the overall bid, and that the risk approach was consistent with HS2 Ltd's expectations.

Outcome

The tender submission included a well-structured risk management approach and a risk-informed bid price that was both competitive and realistic. The quantitative analysis provided the contractor with a clear understanding of the key cost and schedule risks, enabling informed decision-making during the tender period.

Our Work