Notice Information
Notice Title
Vendor Due Diligence - Technical Readiness Assessment
Notice Description
Engagement of an independent specialist organisation to undertake an assessment of technical aspects of LTC's business ahead of Vendor Due Diligence as part of the Investible Business Workstream.
Procurement Information
Clause 6 of Schedule 5 of PA2023 is applicable as the following conditions are met in relation to the public contract: (a) due to an absence of competition for technical reasons, only a particular supplier can supply the goods, services or works required, and (b) there are no reasonable alternatives to those goods, services or works. The selected supplier is deeply embedded in the project, with unparalleled expertise built up over years; are fully onboarded and have undertaken significant preparatory work The continuity of service across the preparatory and Vendor Due Diligence (VDD) workstreams would enable the current advisors to leverage the significant work done to date by Department for Transport (DfT), National Highways (NH) and their organisations in order to offer a higher quality output, likely in less time, and with less friction - ultimately driving better value for money vs a new/different advisor Additionally, bringing on new supplier(s) to provide the VDD reports when preparatory work has been undertaken by other advisors will necessitate replication of scope in order for the incoming parties to get comfortable with the current status, duplicating the work already undertaken and billed at this stage and creating the opportunity for protracted and unhelpful divergences in position While other engineering advisors have internal capabilities to meet the requirements formally, the current advisor group has been significantly specialised by virtue of their experience to date on LTC that they are uniquely qualified to meet the scope from a technical perspective, rendering any broader process ultimately uncompetitive Indeed, there are strategic benefits to limiting the number of teams and organisations already managing internal conflicts with the project and avoiding 'saturating' the market, to ensure that investors, lenders and all relevant parties are able to access the advisors they need quickly and without undue complications as part of a smooth and functional transaction process If the incumbent advisors are not appointed for this process, they are highly likely to represent a counterparty on the transaction, who could reap the benefits of their significant experience rather than us; there is a strong case for preserving this knowledge internally The proposed VDD report scopes do not represent new independent scopes which are a departure from the work done to date. Instead, they reflect a repetition of similar preparatory works previously completed and offer the opportunity to leverage this historic work while taking a more detailed look at certain aspects and ensuring third-party reliance can be provided in due course as required by the transaction programme.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-06bc72
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/059550-2026
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- UK5 - Transparency Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Direct
- Procurement Method Details
- Direct award
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79410000 - Business and management consultancy services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- £1,500,000 £1M-£10M
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 24 Jun 2026Today
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 24 Jun 2026Today
- Contract Period
- 5 Jul 2026 - 31 Dec 2027 1-2 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Pending
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- NATIONAL HIGHWAYS LIMITED
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- BIRMINGHAM
- Postcode
- B4 6GA
- Post Town
- Birmingham
- Country
- England
-
- Major Region (ITL 1)
- TLG West Midlands (England)
- Basic Region (ITL 2)
- TLG3 West Midlands
- Small Region (ITL 3)
- TLG31 Birmingham
- Delivery Location
- Not specified
-
- Local Authority
- Birmingham
- Electoral Ward
- Ladywood
- Westminster Constituency
- Birmingham Ladywood
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/059550-2026
24th June 2026 - Transparency notice on Find a Tender
Open Contracting Data Standard (OCDS)
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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