Award

Financial Advisors for TOC Deep Dives

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

07 Feb 2022 at 19:20

Summary of the contracting process

The procurement process involves the DfTc - Department for Transport, aiming to secure Financial Advisors for deep dives into TOC. This contract is categorised under financial consultancy services, with a value of £541,667. The award was announced on 7th February 2022, and the contract commenced on 10th January 2022, concluding on 9th May 2022. The procurement method used was a direct single tender action, which was below the threshold for formal competition. The geographical scope of the services includes the British Oversea Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom.

This tender presents a significant opportunity for businesses in the financial consultancy sector to expand their services, particularly those organisations equipped to deliver comprehensive advisory roles. While the awarded contract has been granted to Grant Thornton UK LLP, other larger consultancy firms may also find future opportunities within this space. This procurement could benefit large-scale organisations focused on financial services looking to partner with governmental bodies or expand their portfolio through similar future tenders.

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Notice Title

Financial Advisors for TOC Deep Dives

Notice Description

Provision of Financial Advisors for TOC deep dives

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0d10c666-11b4-4675-87ae-6a20a15d3c8c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3aa52b38-f3a3-45d6-9918-f05dc35b98c2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£541,667 £500K-£1M
Lots Value
Not specified
Awards Value
£541,667 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20224 years ago
Submission Deadline
15 Dec 2021Expired
Future Notice Date
Not specified
Award Date
7 Jan 20224 years ago
Contract Period
10 Jan 2022 - 9 May 2022 1-6 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

Open Contracting Data Standard (OCDS)

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