# Risk Management

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

## Key facts

- Public buyer: [MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT](/buyers/ministry-of-housing-communities-and-local-government/contract-awards)
- Contract winner: [BRAMBLE HUB LIMITED](/contract-winners/bramble-hub/public-sector-contract-awards)
- Award value: £306,000
- Tender value: £306,000
- Award date: 23 May 2018
- Published: 17 April 2019
- Contract start: 30 May 2018
- Contract end: 31 August 2018
- Stage: awarded
- Procurement category: services
- Notice ID: cf9c0603-8f4e-40e9-a3ff-64a8e1c4efab-284402
- OCID: ocds-b5fd17-18f6bf63-aa07-44d5-87a9-71c5d7baa734

## Description

Following an initial evaluation by the Interim Director, it has been discovered that MHCLG's entire risk portfolio is not currently managed to a best practise level\. There are fundamental issues relating to risk expertise, capability, modelling, pricing, reporting, stress testing and governance across all risks\. This needs to be addressed quickly as MHCLG is running huge risks which can potentially lead to losses or decreased efficiency\. The Supplier will provide a complete, interim risk management solution for MHCLG\. Additional information: This contract is a call off from Lot 2 of the Crown Commercial Service Management Consultancy framework \(RM3745\)\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/cf9c0603-8f4e-40e9-a3ff-64a8e1c4efab-284402)