Award

TROP0023-7 Franchise Financial Advisors

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

24 Dec 2021 at 18:54

Award Notice
Summary of the contracting process

The procurement process involves the Department for Transport (DfTc) seeking to award a contract titled "TROP0023-7 Franchise Financial Advisors" for financial consultancy services, classified under the CPV code 66171000. This contract is a call-off from the TROP0023 framework agreement, with a total value of £495,461. The procurement is currently in the award stage, having completed the tender period which ended on 25 January 2021. The contract was awarded on 28 January 2021, with the contract execution set to commence on 1 February 2021 and conclude on 30 September 2021. The services are to be delivered to various locations including the United Kingdom and its territories.

This tender presents significant opportunities for businesses in the financial consultancy sector, particularly those experienced in providing advisory services within public frameworks. While the contract is currently awarded to Deloitte LLP, firms capable of delivering similar services, potentially with niche expertise or innovative solutions, may find future opportunities within the DfTc or other government-related contracts. Businesses with strong knowledge of public sector collaborations and the ability to navigate framework agreements would be well-positioned to compete in upcoming tenders.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

TROP0023-7 Franchise Financial Advisors

Notice Description

This is a call off from TROP0023 Umbrella agreement. This call off is for the provision of Financial Advisory services for the Chiltern Direct Award.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a870f27b-efaa-4d15-b1e7-d384074b3cbc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/755ae6c8-61cc-42db-bc06-217eedf5bdea
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
£495,461 £100K-£500K
Lots Value
Not specified
Awards Value
£495,461 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Dec 20214 years ago
Submission Deadline
25 Jan 2021Expired
Future Notice Date
Not specified
Award Date
28 Jan 20215 years ago
Contract Period
1 Feb 2021 - 30 Sep 2021 6-12 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
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

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-a870f27b-efaa-4d15-b1e7-d384074b3cbc-2021-12-24T18:54:07Z",
    "date": "2021-12-24T18:54:07Z",
    "ocid": "ocds-b5fd17-a870f27b-efaa-4d15-b1e7-d384074b3cbc",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_295217/1029243",
        "title": "TROP0023-7 Franchise Financial Advisors",
        "description": "This is a call off from TROP0023 Umbrella agreement. This call off is for the provision of Financial Advisory services for the Chiltern Direct Award.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 495461,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2021-01-25T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2021-02-01T00:00:00Z",
            "endDate": "2021-09-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-163473",
            "name": "DfTc - Department for Transport",
            "identifier": {
                "legalName": "DfTc - Department for Transport"
            },
            "address": {
                "streetAddress": "Great Minster House, 33 Horseferry Road",
                "locality": "London",
                "postalCode": "SW1P 4DR",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "GCDCRMRail@dft.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-193521",
            "name": "Deloitte LLP",
            "identifier": {
                "legalName": "Deloitte LLP"
            },
            "address": {
                "streetAddress": "1 New Street Square London, EC4A 3HQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-163473",
        "name": "DfTc - Department for Transport"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-a870f27b-efaa-4d15-b1e7-d384074b3cbc-1",
            "status": "active",
            "date": "2021-01-28T00:00:00Z",
            "datePublished": "2021-12-24T18:54:07Z",
            "value": {
                "amount": 495461,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-193521",
                    "name": "Deloitte LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2021-02-01T00:00:00Z",
                "endDate": "2021-09-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/755ae6c8-61cc-42db-bc06-217eedf5bdea",
                    "datePublished": "2021-12-24T18:54:07Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}