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Intra-company benchmarking of Network Rail's maintenance and renewals expenditure

OFFICE OF RAIL AND ROAD

This public procurement record has 2 releases in its history.

TenderUpdate

29 Sep 2026 at 13:07

UK4 - Tender Notice
Tender

22 Sep 2026 at 12:07

UK4 - Tender Notice
Summary of the contracting process

The Office of Rail and Road (ORR) is seeking consultancy to benchmark Network Rail’s maintenance and renewals expenditure for 2025–26. The work will use top-down statistical and econometric cost benchmarking to understand what drives expenditure and changes in costs over time, supporting ORR’s assessment of value for money and cost efficiency. The analysis should complement ORR’s bottom-up reviews of Network Rail’s business plans and performance. The work is UK-wide. This is financial management consultancy, focused on expenditure analysis in the rail sector.

ORR invited offers through an open competition. The process reached tender, but a subsequent amendment states that the competition is only accepting submissions from suppliers on the Government Commercial Agency’s Management Consultancy Framework Four, Lot 4 – Finance. The enquiry deadline was 6 October 2026 at 17:00, and the submission deadline was 20 October 2026 at 17:00. The contract is due to run from 2 November 2026 to 28 February 2027, with an option to extend once for up to 12 months. The estimated value is £75,000 excluding VAT (£90,000 including VAT). Methodology is weighted 30%, delivery 25%, experience 25% and cost/value for money 20%.

This opportunity suits consultancy suppliers with access to the named framework lot; suppliers outside GCA Management Consultancy Framework Four, Lot 4 – Finance, are not eligible to submit. ORR is looking for a team combining economic and engineering expertise, with demonstrable experience of comparable projects. The proposal must explain how the supplier will analyse expenditure drivers and apply econometric methods, using sound engineering judgement to identify cost drivers. It must also address data quality, quality assurance and knowledge sharing. Suppliers should be able to work closely with ORR’s project manager, manage risks and dependencies, meet milestones, and allocate suitable resources across delivery stages, with additional capacity available if needed. Consultants’ CVs and examples of relevant organisational experience are required, alongside a fixed-fee proposal with staged price breakdown and applicable day rates.

How relevant is this notice?

Notice Information

Notice Title

Intra-company benchmarking of Network Rail's maintenance and renewals expenditure

Notice Description

This project aim is understanding the drivers of Network Rail's expenditure, including the reasons for changes over time, is key to understanding value for money - of which cost efficiency is a key part. To achieve this, we use a range of complementary approaches including bottom-up assessments of Network Rail's business plans and performance, and top-down cost benchmarking using statistical (econometric) methods. This work relates to our top-down benchmarking of Network Rail's maintenance and renewals expenditure for the year from 1 April 2025 to 31 March 2026 ('2025-26').

Lot Information

Lot 1

Renewal: The contract will be for 4 months with an option for ORR to extend the contract deadline for one period for up to 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077763
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/091864-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
£75,000 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Sep 20261 weeks ago
Submission Deadline
20 Oct 20262 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Nov 2026 - 28 Feb 2027 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OFFICE OF RAIL AND ROAD
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
E14 4QZ
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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