Award

Financial Advisors for the International Rail Team

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

04 Jun 2021 at 10:18

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) is conducting a procurement process for "Financial Advisors for the International Rail Team", classified under research and development services and related consultancy services. The tender was awarded to Deloitte LLP on 23 April 2020, with an active contract period commencing from 24 April 2020 and ending on 31 December 2021. The total value of the contract is £750,000. The procurement occurred via a selective method, specifically as a call-off from a framework agreement, and all activities took place in locations including the United Kingdom and overseas territories.

This tender presents significant opportunities for consultancy businesses looking to expand their services in the transport sector, particularly those specialising in financial advisory roles. Companies with expertise in rail infrastructure projects, project financing, and related research and development services would be particularly well-suited to compete in future contracts under similar frameworks. Engaging with government contracts such as this can enable businesses to enhance their portfolios and drive growth through long-term partnerships in public sector projects.

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Notice Information

Notice Title

Financial Advisors for the International Rail Team

Notice Description

Financial Advisors for the International Rail Team Contract Variation letter linked to TROO0215. Two variations linked under this notice: Variation 1 - This is a time only extension Variation 2 - This is a time and value extension

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9e80361a-7e59-416f-9104-6b5fcb626917
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4580d71f-d9e5-4978-944e-f99651a396be
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

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
£750,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jun 20214 years ago
Submission Deadline
13 Apr 2020Expired
Future Notice Date
Not specified
Award Date
22 Apr 20205 years ago
Contract Period
23 Apr 2020 - 31 Dec 2021 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

DELOITTE

Further Information

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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