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TROP89-E03 Financial Advisors to support Rail Contracts & Projects

DfTc - Department for Transport

This public procurement record has 1 release in its history.

Award

25 Aug 2026 at 14:46

Award Notice
Summary of the contracting process

The Department for Transport bought financial consultancy services to support rail contracts and projects. The work covers the United Kingdom, Europe, the Channel Islands, the Isle of Man, British Overseas Territories and other international locations. It is a service requirement rather than a goods or construction contract, with the CPV classification 66171000 for financial consultancy services. The requirement concerns specialist financial advice connected with the Department’s rail contracting and project activity. Delivery may therefore involve work across the Department’s rail portfolio and locations beyond the UK. The named buying organisation is the Department for Transport, based at Great Minster House, 33 Horseferry Road, London, England.

The procurement has been completed and awarded through a selective call-off from a framework agreement. The contract was awarded to KPMG LLP on 21 August 2026 for £375,295 including the stated GBP currency. The contract period runs from 21 August 2026 to 20 August 2027. The tender submission deadline was 14 August 2026 at 17:00. The published process records the procurement category as services and identifies the selected supplier, but does not set out an award weighting or other evaluation basis. The opportunity was presented as unsuitable for small and medium-sized enterprises and voluntary, community or social enterprises. No lots are identified.

For suppliers that did not win, this award is evidence that the Department for Transport uses framework call-offs to obtain financial advisory support for rail contracts and projects. A credible competitor for this requirement would need demonstrable financial consultancy capability applied specifically to rail contracting and project environments, together with the capacity to support a large public-sector rail portfolio across UK and international locations. The awarded supplier is a large organisation, indicating that scale and the ability to provide sustained specialist resource are relevant benchmarks. Firms should be able to operate through the Department’s framework route and show experience delivering financial advice for complex transport contracts and projects when comparable requirements return to market.

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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
£375,295 £100K-£500K
Lots Value
Not specified
Awards Value
£375,295 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 20262 days ago
Submission Deadline
14 Aug 2026Expired
Future Notice Date
Not specified
Award Date
21 Aug 20261 weeks ago
Contract Period
21 Aug 2026 - 20 Aug 2027 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
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
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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