Award

Assessment of robustness of property income forecasts of Network Rail for CP7

OFFICE OF RAIL AND ROAD

This public procurement record has 2 releases in its history.

Award

25 Jan 2022 at 14:23

Award Notice
Tender

15 Nov 2021 at 10:36

Tender Notice
Summary of the contracting process

The public procurement process titled "Assessment of robustness of property income forecasts of Network Rail for CP7" was initiated by the OFFICE OF RAIL AND ROAD based in London, England. This tender, classified under financial consultancy services, involved an open procurement method and was published on 15th November 2021. It has now reached the award stage, with the contract being awarded on 17th January 2022. The contract period commenced on 5th January 2022 and will conclude on 29th March 2022. The total value of the contract is £75,000, with a specific focus on providing forecasts for property income amidst current market uncertainty.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) engaged in financial consultancy services, particularly those with expertise in property income forecasting and market analysis. Businesses capable of delivering robust financial assessments and insights into property markets will find this procurement attractive. It is an excellent opportunity for firms aiming to expand their clientele and build relationships with public sector organisations, especially within the transport and rail industries.

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Notice Information

Notice Title

Assessment of robustness of property income forecasts of Network Rail for CP7

Notice Description

The consultant should inform us of their view of the likely property income for NR for CP7, with an appropriate forecast range for current market uncertainty.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f22ecb3-cf9c-4492-a6e6-c5ed90e34dec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f6b3837-867f-4cfa-9365-2a11835c9d58
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£50,575 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20224 years ago
Submission Deadline
1 Dec 2021Expired
Future Notice Date
Not specified
Award Date
17 Jan 20224 years ago
Contract Period
17 Jan 2022 - 15 Apr 2022 1-6 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
OFFICE OF RAIL AND ROAD
Contact Name
Not specified
Contact Email
procurementteam@orr.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E14 4QZ
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

Further Information

Notice Documents

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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