Award

TROO0239 - Financial Advisors for the Rail Passenger Service Contracts

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 3 releases in its history.

AwardUpdate

20 Feb 2023 at 13:23

Award Notice
AwardUpdate

01 Jul 2022 at 14:34

Award Notice
Award

08 Jun 2021 at 08:40

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for Financial Advisors for the Rail Passenger Service Contracts to KPMG LLP. The contract, valued at GBP 2,625,000, was awarded through a selective procurement method called-off from a framework agreement. The contract period runs from February 17, 2021, to February 15, 2024, providing opportunities for businesses in the services sector. The buying organisation, DfTc, is based in London, England.

This tender presents an opportunity for large-scale businesses in the executive services industry to compete for contracts with the Department for Transport. The procurement process has reached its award stage, with the contract valued at GBP 2,625,000. Businesses interested in providing financial advisory services for rail passenger service contracts should consider engaging with DfTc. The contract's key dates include an award date of February 20, 2023, marking the completion of the procurement process.

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Notice Information

Notice Title

TROO0239 - Financial Advisors for the Rail Passenger Service Contracts

Notice Description

Financial Advisors for the Rail Passenger Service Contracts

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d4b2d375-c5c1-4a07-8648-d605030d4bd2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c2fae99e-0681-4f23-9486-346144ca1ec0
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

75 - Administration, defence and social security services

CPV Codes

75111100 - Executive services

Notice Value(s)

Tender Value
£2,625,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,625,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20233 years ago
Submission Deadline
16 Feb 2021Expired
Future Notice Date
Not specified
Award Date
8 Jun 20214 years ago
Contract Period
17 Feb 2021 - 15 Feb 2024 2-3 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

KPMG

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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