Award

PROVISION OF CORPORATE FINANCIAL ADVISORS

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

30 Nov 2020 at 14:42

Award Notice
Award

07 Jul 2020 at 11:11

Award Notice
Summary of the contracting process

The Department for Transport is seeking corporate financial advisors, having initiated the tender titled "Provision of Corporate Financial Advisors". This tender falls under the financial and insurance services category (CPV code: 66000000) and is located in London, England. The procurement method is selective, conducted as a call-off from a framework agreement. The tender period ended on 13th March 2020, with the contract effective from 31st March 2020 to 30th September 2020, involving a total contract value of £374,500.

This opportunity is particularly suitable for established consulting firms that specialize in financial services. Businesses that can provide expert advisory services, particularly those with experience in public contracts or the transport sector, stand to benefit greatly. The contract offers a significant project for firms capable of delivering comprehensive financial guidance to governmental bodies, paving the way for potential future collaborations in public sector procurement.

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Notice Information

Notice Title

PROVISION OF CORPORATE FINANCIAL ADVISORS

Notice Description

PROVISION OF CORPORATE FINANCIAL ADVISORS TO DFT Additional information: extension letter

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0b27c15c-ac3e-4b6a-9ce9-b5d74e38d321
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5bf859cf-e9d8-4cb4-8e34-55112c2c2f50
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66000000 - Financial and insurance services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£374,500 £100K-£500K
Lots Value
Not specified
Awards Value
£374,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20205 years ago
Submission Deadline
13 Mar 2020Expired
Future Notice Date
Not specified
Award Date
30 Mar 20205 years ago
Contract Period
30 Mar 2020 - 30 Sep 2020 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE DEPARTMENT FOR TRANSPORT
Contact Name
dft
Contact Email
procurementexcellence@dft.gov.uk
Contact Phone
Not specified

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

ERNST & YOUNG

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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