Award

Strategic Financial Advisors for Project Helios

DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

01 May 2026 at 14:01

Summary of the contracting process

The contract for "Strategic Financial Advisors for Project Helios" was awarded by the Department for Transport, located at Great Minster House in London, to N M Rothschild & Sons Ltd. The procurement process, under the "award" and "contract" stages, focuses on the services industry, specifically banking and investment services. The process was conducted without competition, under a direct procurement method for below-threshold contracts. The contract, valued at £112,000, commenced on 1st May 2026 and is set to conclude by 1st July 2026, with a potential extension until the end of August 2026. This initiative supports the finalisation of the Airports National Policy Statement, emphasising the affordability and financeability of Heathrow Expansion.

This procurement presents an opportunity for businesses specialising in strategic financial advisory services, particularly those with expertise in large infrastructure projects. Companies capable of providing independent financial assessments and strategic insights would benefit from similar contracts, promoting growth in advisory offerings for public sector projects. The direct procurement method suggests that qualified firms with established relationships within central government could have a competitive advantage in similar future opportunities.

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Notice Title

Strategic Financial Advisors for Project Helios

Notice Description

Strategic Financial Advice for Project Helios The Department for Transport ("the Authority") requires the procurement of short-term specialist financial advice to provide independent challenge on the affordability and financeability of Heathrow Expansion to support finalisation of the Airports National Policy Statement this year.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069086
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040629-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£112,000 £100K-£500K

Notice Dates

Publication Date
1 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Apr 20261 weeks ago
Contract Period
30 Apr 2026 - 1 Jul 2026 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
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

N M ROTHSCHILD & SONS

Further Information

Notice Documents

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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