Award

OLR FINANCIAl ADVISOR DA

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

21 Oct 2019 at 11:17

Award Notice
Summary of the contracting process

The tender titled "OLR Financial Advisor DA" was initiated by The Department for Transport, focusing on financial advisory services for the Operator of Last Resort. This contract falls under the industry category of research and development services, valued at £850,000. The procurement method used is selective, with a call-off from a framework agreement. The tender period concluded on 19th July 2019, and the contract period started on 14th August 2019, continuing until 13th January 2020. The delivery location for the services is in the South East region of the United Kingdom.

This tender presents significant growth opportunities for consultancy firms specialising in financial advisory services, particularly those with experience working in the transport sector. Businesses that can provide innovative solutions and demonstrate strong analytical capabilities would be ideally positioned to compete for similar contracts in future procurement processes. Engaging with the contracting authority, The Department for Transport, could further enhance opportunities for collaboration and future projects.

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Notice Information

Notice Title

OLR FINANCIAl ADVISOR DA

Notice Description

Financial Advise for Operator of Last Resort

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a5bba33a-6ef7-41ca-bdcd-130c767e5f22
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
£850,000 £500K-£1M
Lots Value
Not specified
Awards Value
£850,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Oct 20196 years ago
Submission Deadline
19 Jul 2019Expired
Future Notice Date
Not specified
Award Date
8 Aug 20196 years ago
Contract Period
13 Aug 2019 - 13 Jan 2020 1-6 months
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
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
TLJ South East (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

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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