Award

TROP89-A01 Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

20 Feb 2026 at 14:53

Award Notice
Award

21 Feb 2025 at 15:28

Award Notice
Summary of the contracting process

The procurement process for "TROP89-A01 Financial Advisors to support Rail Contracts & Projects," initiated by the Department for Transport (DfTc), has reached the award stage. This contract focuses on financial consultancy services within the rail industry and covers a variety of locations including the United Kingdom, Europe, and beyond. It was conducted using a selective procurement method, specifically a call-off from a framework agreement, indicating a structured approach to sourcing. Deloitte LLP, a large-scale enterprise, has been awarded the contract valued at £20,000 GBP, with the contract period running from 1st March 2025 to 10th December 2026. Key deadlines included the tender period ending on 2nd October 2024.

This tender presents opportunities for firms specialising in financial consultancy to engage with the rail sector, broadening their service offerings and gaining access to governmental projects. Although not specifically targeting SMEs or VCSEs, large-scale enterprises like Deloitte LLP demonstrate the potential for growth and expansion in this industry. Businesses with expertise in rail financial advisory and consultancy can leverage their capabilities in this realm, especially those with experience in framework agreements, ensuring alignment with public sector compliances and requirements.

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Notice Information

Notice Title

TROP89-A01 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-78996687-93c8-4580-b975-3e16fccac8ce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/40c5de70-9245-46c8-99ca-d060c73782b0
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
£20,000 Under £100K
Lots Value
Not specified
Awards Value
£20,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20263 days ago
Submission Deadline
2 Oct 2024Expired
Future Notice Date
Not specified
Award Date
27 Jan 20251 years ago
Contract Period
1 Mar 2025 - 10 Dec 2026 1-2 years
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
Not specified
Contact Email
gcdcrmrail@dft.gov.uk
Contact Phone
Not specified

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

DELOITTE

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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