Award

TROP89-C10 Financial Advisors to Support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

16 Mar 2026 at 14:21

Summary of the contracting process

The procurement process, led by the Department for Transport, invites tenders for financial consultancy services to support rail contracts and projects under the title TROP89-C10. The contract spans various locations, including the British Overseas Territories, Channel Islands, and the United Kingdom, amongst others, covering a wide geographic scope. Currently in the award stage, the process operates under a selective procurement method, specifically as a call-off from a framework agreement. The tender period concluded on 2nd March 2026, while the contract runs from 16th March 2026 until 15th March 2027, with the award valued at £238,337.50. This opportunity falls into the services category, marked with CPV code 66171000, highlighting its focus on financial consultancy.

This tender presents ample opportunities for large-scale organisations, given its call-off framework agreement approach and its substantial contract value. The involvement of major rail projects underscores substantial growth potential, particularly for firms specialising in financial consultancy services for infrastructure developments. While the tender is not specifically suitable for SMEs or VCSEs, large organisations with expertise in the financial advisory sector, particularly those with experience in rail or transport projects, are ideally placed to compete. The extensive scope across multiple territorial regions offers business growth through potential collaboration or expansion into new markets, fostering long-term partnerships with public entities.

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Notice Title

TROP89-C10 Financial Advisors to Support Rail Contracts & Projects

Notice Description

Financial Advisors to Support Rail Contracts & Projects

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-06100fc4-60f4-47c8-80cc-ab724f5b4fac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b249e379-292c-4ec6-b762-128e4cd11f0a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£238,337 £100K-£500K
Lots Value
Not specified
Awards Value
£238,337 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20262 weeks ago
Submission Deadline
2 Mar 2026Expired
Future Notice Date
Not specified
Award Date
13 Mar 20263 weeks ago
Contract Period
16 Mar 2026 - 15 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON UK ADVISORY & TAX

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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