Award

LTC-Regulated Asset Base model Specialist advisor

NATIONAL HIGHWAYS

This public procurement record has 1 release in its history.

Award

11 Aug 2025 at 09:41

Summary of the contracting process

The procurement process initiated by National Highways involves a contract for the role titled "LTC-Regulated Asset Base model Specialist advisor." This contract is associated with the development of a Regulated Asset Base approach to project finance, primarily focusing on customer protection and regulatory aspects. The procurement took place under a direct method below threshold, without competition, as part of a light-touch regime. The contract was awarded to Indepen Limited, a small to medium-sized enterprise, indicating the completion of the procurement stage. The industry category pertains to business analysis consultancy services, and activities are set within the United Kingdom. The contract commenced on 1st June 2025 and is due to conclude on 31st March 2026, with the signing date confirming on 30th May 2025.

This tender provides an excellent opportunity for SMEs specialising in consultancy services, particularly those with expertise in regulatory and financial project advisory. The focus on customer protection and regulation means that businesses with strengths in these areas can leverage their insights to not only fulfil this contract but also enhance their reputation in the public sector consultancy market. For businesses striving to expand their influence in the domain of financial project management, this tender serves as a valuable stepping stone, reinforcing their capability to manage complex projects within central government frameworks.

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Notice Title

LTC-Regulated Asset Base model Specialist advisor

Notice Description

To provide experience-based consulting services to provide insight, guidance and challenge, as we develop a Regulated Asset Base approach to project finance. The services will be provided will focus on the customer protection and regulatory aspects of the model. The services will be a mixture of responses to questions, through on-line meetings and some face-to-face workshops on specific topics.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0584e9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/047546-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£100,000 £100K-£500K

Notice Dates

Publication Date
11 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 May 20258 months ago
Contract Period
31 May 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL HIGHWAYS
Contact Name
Not specified
Contact Email
ancillaryprocurement@lowerthamescrossing.co.uk
Contact Phone
Not specified

Buyer Location

Locality
GUILDFORD
Postcode
GU1 4LZ
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
Not specified

Local Authority
Guildford
Electoral Ward
Stoke
Westminster Constituency
Guildford

Supplier Information

Number of Suppliers
1
Supplier Name

INDEPEN

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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