Award

Stations Advice Support

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 3 releases in its history.

AwardUpdate

16 Sep 2024 at 08:20

AwardUpdate

22 May 2024 at 16:48

Award

08 Jan 2024 at 18:17

Summary of the contracting process

The Department for Transport (DfTc) has completed a procurement process titled "Stations Advice Support," falling under the industry category of financial consultancy services (CPV code 66171000). The procurement was managed through a selective method as a call-off from a framework agreement. The procurement stage is now at the award update, with the latest update on 16th September 2024. The contract period commenced on 14th December 2023 and will conclude on 13th September 2024. The tender was valued at GBP 600,000, with the project scope extending across various regions including the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender offers substantial opportunities for growth for businesses offering financial consultancy services. Large firms, particularly those with experience and resources to handle extensive geographic coverage, are best suited to compete for such contracts. Although the DfTc has already awarded the contract to KPMG LLP, an established large-scale consultancy, competitive businesses can position themselves for future tender opportunities within the framework. By doing so, they can build a portfolio of public procurement contracts, enhance their market presence, and secure significant revenue streams.

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Notice Title

Stations Advice Support

Notice Description

Contract Variation Notice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da91aef9-0d53-415e-ae78-0e47c0684a5c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de1e97b7-07f4-4c09-8a86-1b0d21654881
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
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£900,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Sep 20241 years ago
Submission Deadline
8 Dec 2023Expired
Future Notice Date
Not specified
Award Date
8 Jan 20242 years ago
Contract Period
14 Dec 2023 - 12 Dec 2024 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
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

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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