This public procurement record has 2 releases in its history.

AwardUpdate

17 Mar 2026 at 13:48

Award

26 Sep 2025 at 15:51

Summary of the contracting process

The Department for Transport (DfTc) has concluded a selective procurement process through a call-off from a framework agreement, awarding a contract titled "TROP89-C06 Financial Advisors to support Rail Contracts & Projects." Targeting the financial consultancy services sector, this contract involves delivery across multiple regions including the United Kingdom, Europe, and British Overseas Territories. The process transitioned from the tender stage to the award stage, with the contract being active from 22nd September 2025 to 11th August 2027. The final award value was £299,025 GBP, marking a key milestone completed on 26th September 2025.

This contract presents significant business growth opportunities for large enterprises specialising in financial consultancy, despite being unsuitable for SMEs and VCSEs. With the Department for Transport as the buying authority, firms with experience in rail contracts and international project management will find this tender particularly advantageous. The selective nature of the procurement process favours businesses already within established frameworks, facilitating streamlined access to opportunities in a niche industry. Whether looking to expand geographically or augment service offerings in governmental projects, this procurement illustrates the potential for establishing long-term partnerships within the dynamic rail infrastructure advisory sector.

How relevant is this notice?

Notice Title

TROP89-C06 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

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
£299,025 £100K-£500K
Lots Value
Not specified
Awards Value
£299,025 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 20265 months ago
Submission Deadline
15 Aug 2025Expired
Future Notice Date
Not specified
Award Date
26 Sep 202511 months ago
Contract Period
22 Sep 2025 - 11 Aug 2027 1-2 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
Postcode Area
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 LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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