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TROP89-E03 Financial Advisors to support Rail Contracts & Projects

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

27 Oct 2026 at 11:13

Award Notice
Award

25 Aug 2026 at 14:46

Award Notice
Summary of the contracting process

The Department for Transport procured financial advisory services to support rail contracts and projects. The work is financial consultancy (CPV 66171000), supporting the department’s rail-related commercial and project activity. The buyer is the Department for Transport, based in London. The stated delivery coverage spans the United Kingdom, Europe, the Channel Islands, the Isle of Man, British Overseas Territories and elsewhere internationally. This is a specialist professional-services requirement rather than a purchase of goods or construction works, and is relevant to consultancies able to advise on the financial aspects of rail contracts and projects.

The procurement is complete and has been awarded to KPMG LLP. The Department for Transport used a selective call-off from a framework agreement. The award was made on 21 August 2026 for £562,943. The contract runs from 21 August 2026 to 16 February 2028. The tender’s stated estimated value was also £562,943. The response deadline was 14 August 2026 at 17:00. The award information identifies one supplier and one award. No evaluation criteria or detailed supplier eligibility requirements are recorded in the procurement details.

This award demonstrates demand from the Department for Transport for financial advice specifically supporting rail contracts and projects, delivered through a framework call-off. A credible competitor for a future requirement would need a track record in financial consultancy relevant to rail-sector contracts and project work, together with the capacity to provide specialist advice to a central government buyer across the stated geographic coverage. The selected supplier is a large consultancy, indicating that an established provider was appointed for this contract; however, the procurement does not set out particular accreditations, technical qualifications or minimum experience thresholds. Firms with relevant rail financial advisory capability and the resources to support public-sector commercial and project activity are the closest fit.

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Notice Information

Notice Title

TROP89-E03 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22b8b373-93c9-4177-b11c-f9fa87f38635
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36f3348e-2a97-478d-8ce5-b7b5ad7bb50c
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
£562,943 £500K-£1M
Lots Value
Not specified
Awards Value
£562,943 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Oct 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Aug 20262 months ago
Contract Period
21 Aug 2026 - 16 Feb 2028 1-2 years
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
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
Postcode Area
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

KPMG LLP

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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