Notice Information
Notice Title
Lower Thames Crossing- Strategic Sale Advisor
Notice Description
The Lower Thames Crossing is a proposed new 14.3-mile road and tunnel which will pass under the river Thames connecting Kent and Essex, the scheme includes two 2.6-mile tunnels under the Thames, with roads required on either side to link it into the existing network. HMG have been examining private finance options for the main works. The leading option is now a Regulated Asset Base model, in which a new economically regulated company (LTC Co) will undertake the main construction works, as well as maintain and operate both Lower Thames Crossing and Dartford Crossings. The Department for Transport is contracting with an organisation to act as a Strategic Sale Advisor, responsible for leading and executing the Lower Thames Crossing Co sale. Key responsibilities for the Strategic Sale Advisor will include: Capital Markets Advisory, Market Engagement & Investor Outreach, Credit Rating Process, Equity Sale Execution & Transaction Finalisation. The Department for Transport (DfT) and National Highways (NH) will be the transaction principals with all decision-making authority reserved to them. The Srategic Sale Advisor will be acting in an advisory capacity only with no authority to transact on behalf of DfT/NH.
Lot Information
Lot 1
Options: DfT reserves the right to vary the contract in accordance with Schedule 8, Paragraph 5 of the Procurement Act 2023 as a result of a materialisation of a known risk (including the potential need to vary this contract to permit the SSA to offer a stapled-debt financing solution (including arranging on a syndicated basis), which would be made available to all prospective investors on an equal basis).
Renewal: DfT reserves the right to extend the contract for a period up to 12 months or such greater period as is agreed between the Buyer and Supplier in accordance with Schedule 8, Paragraph 5 of the Procurement Act 2023 as a result of a materialisation of a known risk (including delay to the overall project and transaction, and such other known risks).
Planning Information
The Department is requesting feedback from interested parties to help inform our approach to delivery of this requirement. Further details of the requirement, along with the information the Department requests at this stage can be accessed here https://dft.app.jaggaer.com/go/650672360198F5851B9E. The Department requests initial responses in writing by Midday 15th September. The Department then intends to have follow-up individual discussions with interested parties who have the relevant skills and experience w/c 15/09 & 22/09.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-059057
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/001114-2026
- Current Stage
- Award
- All Stages
- Planning, Tender, Award
Procurement Classification
- Notice Type
- UK7 - Contract Details Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Competitive flexible procedure
- Tender Suitability
- SME
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66120000 - Investment banking services and related services
66122000 - Corporate finance and venture capital services
Notice Value(s)
- Tender Value
- £20,000,000 £10M-£100M
- Lots Value
- £20,000,000 £10M-£100M
- Awards Value
- £20,000,000 £10M-£100M
- Contracts Value
- £20,000,000 £10M-£100M
Notice Dates
- Publication Date
- 7 Jan 20261 months ago
- Submission Deadline
- 25 Nov 2025Expired
- Future Notice Date
- 1 Oct 2025Expired
- Award Date
- 19 Dec 20252 months ago
- Contract Period
- 7 Jan 2026 - 31 Dec 2027 1-2 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- DEPARTMENT FOR TRANSPORT
- Contact Name
- Not specified
- Contact Email
- dftc.procurement@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
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/001114-2026
7th January 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/001091-2026
7th January 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/084970-2025
19th December 2025 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/070098-2025
31st October 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/070096-2025
31st October 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/057417-2025
17th September 2025 - Pipeline notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/057287-2025
17th September 2025 - Pipeline notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/052417-2025
29th August 2025 - Preliminary market engagement notice on Find a Tender
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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