This public procurement record has 2 releases in its history.

Award

07 Aug 2025 at 10:18

Tender

11 Jul 2025 at 10:07

Summary of the contracting process

The Office of Rail and Road, a central government authority located in London, conducted an "Investment Framework" contracting process to critically review the Industry Risk Fee Fund and Network Rail Risk Fund related to third-party investments in Network Rail infrastructure. The process involved an open competition method and was completed with the award on 7th August 2025, following the initial tender stage starting on 11th July 2025. The contract commenced on 1st August 2025 and is set to end on 31st October 2025, with the tender having aimed to attract services in research and development consultancy across the UK.

This contracting opportunity highlights the potential for growth within businesses specialising in research and development services and consultancy, particularly SMEs. Companies with expertise in risk assessment and infrastructure investment advisory could have competed effectively, as the tender prioritised quality over cost with a weighting of 80% in quality. The process offered a tangible government engagement opportunity for businesses aiming to expand within the public infrastructure sector, consequently promoting private investment in rail network enhancements.

How relevant is this notice?

Notice Title

Investment Framework

Notice Description

The objective of this project is to conduct a focused, independent review of the Industry Risk Fee Fund and the Network Rail Risk Fund, both of which form part of the framework for third-party and private investment in Network Rail infrastructure.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055d5b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/046768-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
SME

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
£50,000 Under £100K
Lots Value
£50,000 Under £100K
Awards Value
Not specified
Contracts Value
£49,900 Under £100K

Notice Dates

Publication Date
7 Aug 20251 years ago
Submission Deadline
25 Jul 2025Expired
Future Notice Date
Not specified
Award Date
1 Aug 20251 years ago
Contract Period
1 Aug 2025 - 31 Oct 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
Office of Rail and Road
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
E14 4QZ
Postcode Area
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

EUROPEAN ECONOMIC RESEARCH LIMITED

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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