Award

Provision of Consultancy for the Project on Upfront Payments ("Project PUP")

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

19 Apr 2017 at 13:47

Award Notice
Summary of the contracting process

The Crown Commercial Service is seeking consultancy services for the "Provision of Consultancy for the Project on Upfront Payments (Project PUP)." This initiative falls under the financial consultancy services category and is located in London, United Kingdom. The procurement process has reached the Award stage, with key dates including a contract period from 20th February 2017 to 17th April 2017, and the tender period closed on 3rd February 2017. The awarded contract is valued at £49,780 and aims to provide expertise on the implications of upfront payments in rail franchising.

This tender presents significant opportunities for businesses specialising in financial consultancy, particularly those experienced in rail franchising and the complexities of commercial propositions. Companies that can deliver high-quality analysis under tight deadlines will be well-positioned to compete, especially small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Engaging in this project may enhance their visibility and potential for future contracts within the transport sector.

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Notice Information

Notice Title

Provision of Consultancy for the Project on Upfront Payments ("Project PUP")

Notice Description

Under the current rail franchising model, bidders propose the franchise payments that they are willing to pay (or the subsidy they require) for each year of the franchise term. In return, the Department gives the winning bidder the right (and the obligation) to deliver the services specified in the Franchise Agreement. Advice is being sought on what options are available for requesting upfront payments for rail franchises and the impact such payments structures could have on the incentives of bidders, operators, taxpayers and passengers. Furthermore, the Department wishes to understand whether it should consider requesting upfront payments for different franchise structures it may tender in future. The Department for Transport are looking to secure excellent value for money and timely delivery for this Work Package. It is essential that the designated resources that the financial advisers deploy have the following skills and experience for this project: * Experience working on Rail franchise competitions, particularly considering how the structure of commercial propositions put forward by the Department influences bidder behaviour and franchise robustness; and, * The ability to produce, at short notice, high quality and robust analysis within the timelines set by the Project Team. Further details can be found within the full documentation attached to this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ea083ccd-ca2e-4ba0-8a8e-004e6a8b7de1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ac9ac2c7-9f88-4d6e-9bd7-0619ec884d64
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66171000 - Financial consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£49,780 Under £100K
Lots Value
Not specified
Awards Value
£49,780 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Apr 20178 years ago
Submission Deadline
3 Feb 2017Expired
Future Notice Date
Not specified
Award Date
16 Feb 20179 years ago
Contract Period
20 Feb 2017 - 17 Apr 2017 1-6 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
CROWN COMMERCIAL SERVICE
Contact Name
Crown Commercial Service
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLI London
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSE COOPERS

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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