Award

TROP89-C08 - Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

16 Mar 2026 at 14:45

Award

27 Nov 2025 at 15:10

Summary of the contracting process

The Department for Transport has completed the procurement process titled "TROP89-C08 - Financial Advisors to support Rail Contracts & Projects" within the financial consultancy services category. This process involved selecting a supplier through a call-off from a framework agreement, with active awarding reported on 20th November 2025. The contract, valued at £55,000, will be carried out between 8th December 2025 and 11th August 2027 across multiple locations including the United Kingdom and the Channel Islands. The buying organisation, located in London, acted as the contracting authority for this selective procurement aimed at enhancing rail contracts and projects.

This award presents significant opportunities for large-scale companies experienced in financial consultancy within the transportation sector. Professional advisory firms capable of navigating complex rail project dynamics stand to benefit from involvement with governmental infrastructure initiatives. Although not suited for SMEs or VCSEs, this contract could bolster market presence and further strategic partnerships with public entities like the Department for Transport, potentially leading to future engagements in similar high-stakes consultancy roles. Grant Thornton UK Advisory & Tax LLP has been identified as the supplier, exemplifying the calibre of service providers awarded this contract.

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Notice Title

TROP89-C08 - Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-93ae8e1a-b03e-4b7f-8b5b-5c23b77431e7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af076679-2658-49fd-b7db-84a37a059b78
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
£55,000 Under £100K
Lots Value
Not specified
Awards Value
£55,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20261 months ago
Submission Deadline
28 Oct 2025Expired
Future Notice Date
Not specified
Award Date
20 Nov 20255 months ago
Contract Period
8 Dec 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
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)

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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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