Award

PROVISION OF FINANCIAL ADVISORS CLA

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

21 Dec 2020 at 12:52

Summary of the contracting process

The procurement process involves the Department for Transport, which sought providers for the "Provision of Financial Advisors CLA" in the financial services industry. The tender period concluded on 23 January 2020, and the awarded contract is valued at £400,000. The contract period commenced on 24 January 2020 and is set to end on 30 October 2020. This selective procurement method was conducted as a call-off from a framework agreement, with the contract situated in London, United Kingdom.

This tender presents significant opportunities for businesses, especially those with expertise in financial and insurance services. Companies that can demonstrate skills in financial advisory roles would be particularly well-suited to compete. Engaging in similar contracts can facilitate growth and further establish their reputation in public sector work, especially large enterprises like Alvarez & Marsal Europe Limited, the awarded supplier in this instance.

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Notice Title

PROVISION OF FINANCIAL ADVISORS CLA

Notice Description

PROVISION OF FINANCIAL ADVISORS CLA

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-75ce0941-d216-463d-bd10-36c5025c957d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c5e5cceb-f009-4b3c-845b-ae995311e971
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20205 years ago
Submission Deadline
23 Jan 2020Expired
Future Notice Date
Not specified
Award Date
24 Jan 20206 years ago
Contract Period
24 Jan 2020 - 30 Oct 2020 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
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
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

ALVAREZ & MARSAL EUROPE

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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