Award

TROP0077 - Financial Advisers for Intercity Express Programme and Thameslink

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

01 Apr 2025 at 07:37

Award

24 Jul 2023 at 09:27

Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for financial consultancy services with a total value not exceeding £375,000 (excluding VAT) to Amberside Advisors Ltd. This contract, titled "TROP0077 - Financial Advisers for Intercity Express Programme and Thameslink," falls under the industry category of financial consultancy. The procurement process was completed using a selective method, specifically a call-off from a framework agreement. Key dates include the end of the tender period on 4th July 2023 and the contract duration from 24th July 2023 to 23rd July 2026. The services will cover multiple regions, including the British Oversea Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom.

This contract provides significant opportunities for companies specialising in financial consultancy to engage with a major governmental department, potentially leading to further projects and collaborations. SMEs are particularly encouraged to participate, as the procurement process supports their involvement. Companies with experience in large-scale financial advisory roles will find this tender well-suited to their expertise, offering a platform for business growth and sector recognition.

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Notice Title

TROP0077 - Financial Advisers for Intercity Express Programme and Thameslink

Notice Description

The total contract value for the initial term (2 years) plus any additional optional extension shall not exceed PS375,000 (excluding VAT).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-453c5528-4f25-4d7d-b47e-01427e578ae7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c8c997a-d39c-433c-a152-7065da8c2996
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
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
£375,000 £100K-£500K
Lots Value
Not specified
Awards Value
£375,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 202510 months ago
Submission Deadline
4 Jul 2023Expired
Future Notice Date
Not specified
Award Date
3 Jul 20232 years ago
Contract Period
23 Jul 2023 - 23 Jul 2026 3-4 years
Recurrence
Not specified

Notice Status

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

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
Post Town
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

AMBERSIDE ADVISORS

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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