Award

TROP89-C04 Financial Advisors to support Rail Contracts & Projects

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

12 Mar 2025 at 11:23

Award Notice
Summary of the contracting process

The Department for Transport (DfTc) has completed the procurement process for financial consultancy services to support rail contracts and projects, with the award publication dated 12 March 2025. This procurement falls under the industry category of Financial Consultancy Services (CPV classification code 66171000) and spans multiple locations, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. This tender progressed through the selective procurement method, leveraging a call-off from a framework agreement. The tendering phase concluded on 24 February 2025, with the contract set to run from 26 February 2025 to 31 March 2025. The contract was awarded to Grant Thornton UK LLP on 25 February 2025, valued at £8,050 GBP.

This tender creates significant opportunities for enterprises specialising in financial consultancy, particularly those experienced in the rail transport sector. Large-scale consulting firms with a robust framework agreement presence and strong sector knowledge will be well-positioned to compete in similar future tenders. The selective procurement method indicates that businesses already on specified frameworks may stand a better chance of being considered. Given the global nature of the locations involved, firms with extensive international experience and reach can leverage this contract to further cement their standing and expand their market footprint within the rail industry.

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Notice Information

Notice Title

TROP89-C04 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-f34e389c-386a-457e-9858-ae5767583f72
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fae9b0f3-2605-49d0-8f6f-0eaf1dc30319
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
£8,050 Under £100K
Lots Value
Not specified
Awards Value
£8,050 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 202511 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
25 Feb 202512 months ago
Contract Period
26 Feb 2025 - 31 Mar 2025 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
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

GRANT THORNTON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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