Award

TROP89-A02 Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

23 Jan 2026 at 11:53

Award Notice
Award

24 Dec 2024 at 13:56

Award Notice
Summary of the contracting process

The procurement process for the contract titled "TROP89-A02 Financial Advisors to support Rail Contracts & Projects" was conducted by the Department for Transport (DfTc) in the United Kingdom. This tender, relevant to the financial consultancy services industry, aimed to secure financial advisory support for rail contracts and projects. The contract is valued at £120,000 GBP, with the procurement carried out using a selective method, specifically as a call-off from a framework agreement. The tender cycle reached completion with the award status now marked as active, covering a contract period from 13th December 2024 until 12th December 2026. Key delivery locations include the British Oversea Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom.

This tender offers substantial opportunities for business growth, especially for large firms with expertise in financial consultancy within the transport sector. Firms capable of delivering comprehensive financial advisory services to support the management of complex rail contracts and projects would find this a lucrative area. Considering the selective procurement method, businesses with access to appropriate framework agreements and the ability to successfully navigate such procurement models are well-positioned to compete. While small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) were not specified as suitable candidates for this contract, the opportunities remain significant for businesses that align with the Department for Transport’s needs in optimising rail infrastructure financial planning and management.

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Notice Information

Notice Title

TROP89-A02 Financial Advisors to support Rail Contracts & Projects

Notice Description

Financial Advisors to support Rail Contracts & Projects

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c3ce1ba9-bd9d-4ba5-b086-86712e3e56b6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e0dd5d0c-ca1d-46d2-9197-7e4ce888077c
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
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20261 months ago
Submission Deadline
2 Oct 2024Expired
Future Notice Date
Not specified
Award Date
12 Dec 20241 years ago
Contract Period
13 Dec 2024 - 12 Dec 2026 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

Notice Documents

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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