Award

TROP0085 Financial Advisors for the West Coast Partnership

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

21 Oct 2025 at 14:09

Award

15 Nov 2023 at 17:30

Summary of the contracting process

The Department for Transport (DfTc) has recently concluded the procurement process titled "TROP0085 Financial Advisors for the West Coast Partnership". This tender, classified under financial consultancy services with a CPV code of 66171000, involved a selective procurement method by calling off from a framework agreement. The process has now reached the award update stage, with Ernst & Young LLP as the chosen supplier, as of 21st October 2025. This contract, valued at £600,000 GBP, commenced on 13th November 2023 and will extend until 12th November 2026, covering various regions including the United Kingdom and beyond.

This tender presents significant opportunities for large consultancy firms with expertise in financial advisory services to collaborate with key government projects like the West Coast Partnership Franchise Agreement. While this specific contract does not prioritize SMEs or VCSEs due to its scale, it sets a precedent for similar future procurements where firms can demonstrate their value within established frameworks. Businesses poised for such challenges can leverage these partnerships to expand their service portfolios, enhance their market reputation, and gain insights into large-scale governmental collaborations.

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Notice Title

TROP0085 Financial Advisors for the West Coast Partnership

Notice Description

Financial Advisors to support the West Coast Partnership (WCP) Franchise Agreement (FA).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0ec6a0fb-95f6-4094-9a29-41705f5c00cf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9e65b321-dae0-4fd5-893f-cc7e443eb8a1
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
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Oct 20254 months ago
Submission Deadline
29 Aug 2023Expired
Future Notice Date
Not specified
Award Date
15 Nov 20232 years ago
Contract Period
13 Nov 2023 - 12 Nov 2026 3-4 years
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

ERNST & YOUNG

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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