Award

Financial Due Diligence for Aviation Sec

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

07 Apr 2021 at 10:30

Summary of the contracting process

The Department for Transport has completed a procurement process for the title "Financial Due Diligence for Aviation Sec," specifically aimed at providing financial advisory services to a UK-based airline. This process, classified under the industry category of research and development services and related consultancy services, was initiated using a selective procurement method through a call-off from a framework agreement. The contract was valued at £1,000,000, with a contract period that ran from April 2, 2020, to September 30, 2020. Key dates in this process include the award date on September 4, 2019, and the public announcement on April 7, 2021.

This tender presents opportunities for growth for large consulting firms and specialised financial advisors in the aviation sector. Companies that possess expertise in financial due diligence and consultancy services can significantly benefit from engaging in similar contracts, particularly those looking to expand their services within governmental frameworks. As the aviation industry continues to recover and evolve, businesses with experience in providing tailored financial solutions will be well-positioned to compete in such tenders.

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Notice Title

Financial Due Diligence for Aviation Sec

Notice Description

Financial Advisers on a UK based airline

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9e9a777c-db53-462e-b650-d81b311e74f8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2fcf3cf0-d6e0-4269-87e0-81b8ec731a7d
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
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 20214 years ago
Submission Deadline
4 Sep 2019Expired
Future Notice Date
Not specified
Award Date
3 Sep 20196 years ago
Contract Period
1 Apr 2020 - 30 Sep 2020 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE 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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG GLOBAL

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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