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Strategic and Operational Delivery of Bus Industry Intervention

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

05 May 2026 at 12:17

Award Notice
Summary of the contracting process

The procurement process led by the Department for Transport (DfTc) involves the "Strategic and Operational Delivery of Bus Industry Intervention", focusing on financial consultancy services within the transport sector. The contract, valued at £2,849,809, is geographically centred in London and follows a direct procurement method through a single tender action below the threshold. The tender process has reached the award stage, with the award notice published on 5th May 2026. The contract runs from 1st May 2026 to 31st March 2027, demonstrating a strategic move by the DfTc to enhance operational efficiencies in the bus industry.

This tender presents significant opportunities for large consultancy firms specialising in the transport industry to leverage their expertise in strategic operations and financial consultancy. With Ernst and Young LLP already securing this contract, businesses with a similar scale and capability to offer innovative solutions and consultancy services in the transport sector should consider such procurements as potential growth avenues. The participation in similar future opportunities could not only enhance business portfolios but also contribute to the advancement of public transport infrastructure and services.

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Notice Information

Notice Title

Strategic and Operational Delivery of Bus Industry Intervention

Notice Description

Strategic and Operational Delivery of Bus Industry Intervention

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-238e4188-d2ce-41c5-b186-d375fd040636
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5cdb0f3a-797a-4175-91fc-48211db111b4
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
£2,849,809 £1M-£10M
Lots Value
Not specified
Awards Value
£2,849,809 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 May 20264 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 May 20264 months ago
Contract Period
1 May 2026 - 31 Mar 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
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
TLI London
Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Ernst & Young LLP

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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