Award

TROP0053 Financial Advisors for the First PSC Competition

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 3 releases in its history.

AwardUpdate

10 May 2022 at 08:09

Award Notice
AwardUpdate

18 Mar 2022 at 11:18

Award Notice
Award

10 Jan 2022 at 17:02

Award Notice
Summary of the contracting process

The procurement process for the contract titled "TROP0053 Financial Advisors for the First PSC Competition" has been completed, conducted by the Department for Transport (DfTc) based in London, England. This contract, valued at £300,000, was classified under financial consultancy services and involved a direct procurement method through a single tender action due to its value being below threshold. The contract period ran from 1st December 2021 to 10th June 2022, with the tender period closing on 19th November 2021.

This tender presents opportunities for businesses in the financial consultancy sector, particularly those that specialise in advisory services for public competitions. With DfTc as the buyer, firms experienced in financial analysis, strategic planning, and project support would be well-positioned to compete for similar future contracts. Engaging with such contracts can provide substantial growth avenues for businesses looking to expand their public sector footprint.

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Notice Information

Notice Title

TROP0053 Financial Advisors for the First PSC Competition

Notice Description

Provision of Financial Advisors for the first PSC Competition

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f6970187-96dc-4e52-b7b8-576c9e1a3a0a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7ab0c12d-8997-43dc-9af1-5d4768d3a425
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20223 years ago
Submission Deadline
19 Nov 2021Expired
Future Notice Date
Not specified
Award Date
10 Jan 20224 years ago
Contract Period
1 Dec 2021 - 10 Jun 2022 6-12 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

DELOITTE

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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