Award

TROP89-C06 Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

26 Sep 2025 at 14:51

Award Notice
Summary of the contracting process

The procurement contract titled "TROP89-C06 Financial Advisors to support Rail Contracts & Projects" was conducted by the Department for Transport (DfTc) to acquire financial consultancy services. The tender involved a selective procurement process, specifically a call-off from a framework agreement. While the tender period concluded on 15th August 2025, the contract itself runs from 22nd September 2025 to 21st September 2026. The procurement process is complete, with a total contract value of £199,475. This award is relevant for services across the British Oversea Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom, reflecting its broad geographical reach in the industry category of financial consultancy services.

This tender provides substantial growth opportunities particularly for businesses that specialise in large-scale financial advisory services within the rail sector. Given that the contract was awarded to a major player like Grant Thornton UK Advisory & Tax LLP, it indicates the competitive advantage for established consultancies with robust frameworks that can efficiently cater to government contracts. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) were not deemed suitable for this procurement, highlighting the requirement for established financial service providers with sufficient scale and expertise to support significant infrastructure projects in the rail sector.

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Notice Information

Notice Title

TROP89-C06 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-81cfe44f-6f9e-42fc-8b05-4b5e89d99e92
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd8ade75-36fc-413c-a9c1-c1ff53040579
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
£199,475 £100K-£500K
Lots Value
Not specified
Awards Value
£199,475 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20255 months ago
Submission Deadline
15 Aug 2025Expired
Future Notice Date
Not specified
Award Date
25 Sep 20255 months ago
Contract Period
21 Sep 2025 - 21 Sep 2026 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
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

GRANT THORNTON UK ADVISORY & TAX

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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