Award

TROP89-C01 Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

06 Nov 2024 at 12:15

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) in London has completed the procurement process for financial consultancy services to support rail contracts and projects, titled "TROP89-C01 Financial Advisors to support Rail Contracts & Projects". This tender falls under the industry category of financial consultancy services (CPV: 66171000) and has a value of GBP 2,205,000. The procurement method was selective, specifically a call-off from a framework agreement. Key dates include the tender period ending on 30th October 2024, the contract awarded on 31st October 2024, and the contract period running from 1st November 2024 to 31st March 2026. The services will be delivered across various locations including the United Kingdom, British Oversea Territories, Channel Islands, Isle of Man, Europe, and Rest of the World.

This tender presents substantial growth opportunities for businesses involved in financial consultancy, particularly those with experience in large-scale infrastructure projects. Companies like Grant Thornton UK LLP, which has been awarded this contract, exemplify the level of expertise and capacity required. Given the nature of the services, this opportunity is well-suited for large-scale consultancy firms with a robust organisational structure capable of handling comprehensive financial advisory roles for significant railway projects. Such engagements can strengthen a firm's portfolio, expand their client base, and enhance their market presence both domestically and internationally.

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Notice Information

Notice Title

TROP89-C01 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-89ca1210-7156-411a-b79a-6316ec3b51e8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d40be32-a103-4089-95b0-40a7338e4837
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
£2,205,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,205,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Nov 20241 years ago
Submission Deadline
30 Oct 2024Expired
Future Notice Date
Not specified
Award Date
31 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 Mar 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
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

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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