Award

WCP FINANCIAL ADVISORS

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

Award

15 Sep 2020 at 14:00

Award

10 Mar 2020 at 08:43

Summary of the contracting process

The procurement process conducted by The Department for Transport involves the awarding of a contract titled "WCP FINANCIAL ADVISORS". This contract, classified under the industry category of research and development services and related consultancy services, was finalised following a selective procurement method and is marked as complete. The contract is valued at £205,593 and the associated procurement documents were published on 15th September 2020. The contract period runs from 10th February 2020 until 30th June 2021, with the tender closing on 6th January 2020.

This tender presents a viable opportunity for businesses specialising in financial advisory and consultancy services to expand their foothold in the public sector. Given the contract's focus on research and development, firms with expertise in delivering tailored financial solutions and consultancy services would be particularly well-suited to pursue similar contracts in the future. Additionally, as this process was facilitated through a framework agreement, businesses familiar with collaborative bidding may find this method advantageous for securing government contracts.

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Notice Title

WCP FINANCIAL ADVISORS

Notice Description

WCP FINANCIAL ADVISORS

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7555adb-5d3c-4c4b-83ff-bfd334002494
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f1e732a0-10d3-4b5a-ad3a-303ec652fb1c
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
£205,593 £100K-£500K
Lots Value
Not specified
Awards Value
£343,186 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 20205 years ago
Submission Deadline
6 Jan 2020Expired
Future Notice Date
Not specified
Award Date
10 Feb 20206 years ago
Contract Period
10 Feb 2020 - 30 Jun 2021 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE DEPARTMENT FOR TRANSPORT
Contact Name
DFT
Contact Email
dftprocurement@dft.gov.uk
Contact Phone
Not specified

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

GRANT THORNTON

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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