Award

PROVISION OF FINANCIAL ADVISORS FOR IRT

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

02 Jun 2020 at 13:44

Summary of the contracting process

The Department for Transport has successfully completed a procurement process for the provision of financial advisory services related to IRT. This contract, valued at £500,000, was awarded to Deloitte LLP and is classified under research and development services and related consultancy services. The tender period concluded on 29 January 2020, with the contract period running from 24 April 2020 to 23 August 2020. The procurement method employed was selective, using a call-off from a framework agreement, and all activities were conducted in the United Kingdom.

This procurement presents an excellent opportunity for businesses in the consultancy and financial advisory sectors to engage with a major government department. Companies specialising in research and development services, particularly those with experience in transportation and infrastructure consultation, would be particularly well-suited to participate in future tenders of this nature. Leveraging relationships with the Department for Transport could lead to further growth and collaborative opportunities within this industry.

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Notice Title

PROVISION OF FINANCIAL ADVISORS FOR IRT

Notice Description

PROVISION OF FINANCIAL ADVISORS FOR IRT

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fd78c76e-3e64-490b-9ebe-4e43b194f0b2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/668f9bff-49d1-4693-a1a8-4025b263494c
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
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jun 20205 years ago
Submission Deadline
29 Jan 2020Expired
Future Notice Date
Not specified
Award Date
22 Apr 20205 years ago
Contract Period
23 Apr 2020 - 23 Aug 2020 1-6 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
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
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

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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