Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Lender's Technical Advisor

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

Award

08 Sep 2026 at 16:30

Award Notice
Summary of the contracting process

National Wealth Fund Limited procured lender’s technical adviser services for a construction project. The work covers technical and construction consultancy, including cost calculation and cost monitoring, project supervision, documentation and engineering advice. The adviser’s role is to provide the technical assurance a lender needs when assessing and overseeing a construction project. Delivery is in the United Kingdom. The procurement was for services within architectural, construction, engineering and inspection consultancy (CPV 71000000), with more specific classifications covering cost monitoring, project supervision and construction consultancy. The selected supplier is Ove Arup & Partners Limited. This requirement is relevant to multidisciplinary engineering, construction consultancy and lender’s technical advisory practices able to scrutinise project costs, progress, documentation and technical risk for a public investment body.

The procurement is complete and has been awarded. National Wealth Fund Limited used a limited award procedure without a prior published call for competition, through the Construction Professional Services Dynamic Purchasing System. Ove Arup & Partners Limited was awarded the contract, which was signed on 14 April 2026. The expected initial contract term is five years, with an extension of up to five years or until the project’s construction phase ends. The value is not committed and includes extensions; no awarded contract value is published. Three electronic bids were received, with valid bid values ranging from £100,000 to £3,500,000. Quality carried 70% of the evaluation and price 30%. The sole lot is recorded as cancelled, although the award and contract are active.

This award shows demand from National Wealth Fund Limited for a substantial, specialist lender’s technical adviser capable of supporting construction finance decisions and oversight. A credible future competitor would need a multidisciplinary team combining engineering, construction consultancy, cost management, project monitoring and technical documentation skills. The evaluation placed greater emphasis on quality than price, so bidders would need to demonstrate robust technical methods, clear reporting and effective assurance of project delivery, rather than compete on cost alone. Experience of advising lenders or investors on construction projects would be directly relevant, particularly where the adviser must test costs, monitor progress, review documentation and identify technical risks. The requirement also suits organisations with the capacity to maintain assurance over a long-running construction programme and any subsequent extension.

How relevant is this notice?

Notice Information

Notice Title

Lender's Technical Advisor

Notice Description

Lender's Technical Advisor in relation to a project. Expected 5 year initial term, with a further extension available for 5 years or until the end of the construction phase of said project. The value is not committed and is inclusive of extensions.

Lot Information

Lot 1

Lender's Technical Advisor services

Options: Extensions of up to 5 years or until the end of the construction phase of the project

Procurement Information

This contract was competed under a Dynamic Purchasing System which was tendered under PCR15: https://www.find-tender.service.gov.uk/Notice/004771-2021 We are unable to link the notice (2021/S 000-004771) and select Restricted Procedure here since the FTS website will not allow us to link to a notice published by a public buying organisation rather than ourselves, however, this has followed the correct procedure.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f4fb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085083-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71000000 - Architectural, construction, engineering and inspection services

71244000 - Calculation of costs, monitoring of costs

71248000 - Supervision of project and documentation

71310000 - Consultative engineering and construction services

71530000 - Construction consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK 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
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

Ove Arup & Partners Ltd

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...