Award

Rail Industry Employment Costs Review

OFFICE OF RAIL AND ROAD

This public procurement record has 2 releases in its history.

Award

30 Sep 2021 at 09:40

Tender

23 Jul 2021 at 11:27

Summary of the contracting process

The OFFICE OF RAIL AND ROAD is seeking to conduct a "Rail Industry Employment Costs Review" as part of its procurement process in the financial consultancy services industry. This open tender, valued at £150,000, was published on 23rd July 2021, with a tender period that ended on 3rd September 2021. The contract, which is now active, commenced on 20th September 2021 and is set to conclude on 30th April 2022. The project focuses on determining whether employment costs in the rail industry are higher or lower than those of market comparators, and the work is to be delivered in London, United Kingdom.

This procurement presents a significant opportunity for businesses specialising in financial consultancy services, particularly those that are small to medium-sized enterprises (SMEs), to engage in a meaningful review process within a critical industry. Companies that have expertise in conducting cost analysis, market research, or advisory services related to employment costs in the rail sector would find this contract well-suited to their capabilities. Engaging in this tender allows businesses to contribute to a vital assessment while potentially expanding their portfolios and enhancing their relationships within the public sector.

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Notice Title

Rail Industry Employment Costs Review

Notice Description

The key objective of this project is to establish whether rail industry employment costs are higher or lower than market comparators.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-36d0ed3a-1b45-42f3-b84e-af667da17056
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c6c87c78-8945-4b2d-9ee7-76819e282958
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£148,612 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20214 years ago
Submission Deadline
3 Sep 2021Expired
Future Notice Date
Not specified
Award Date
19 Sep 20214 years ago
Contract Period
19 Sep 2021 - 30 Apr 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
OFFICE OF RAIL AND ROAD
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
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

INCOMES DATA RESEARCH

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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