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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 1 release in its history.

Tender

22 Sep 2026 at 12:07

UK4 - Tender Notice
Summary of the contracting process

The Office of Rail and Road is commissioning financial management consultancy to benchmark Network Rail’s maintenance and renewals expenditure for 2025–26. The work will examine the drivers of expenditure and changes over time, supporting assessment of value for money and cost efficiency. It forms part of the Office of Rail and Road’s top-down benchmarking programme, alongside its wider use of bottom-up reviews of Network Rail’s business plans and performance. The required approach includes cost-driver analysis and statistical, including econometric, benchmarking, with cost drivers tested against sound engineering judgement. Services are to be delivered in the United Kingdom and relate to Network Rail’s expenditure on maintenance and renewals. This is a single consultancy requirement suitable for specialist economic, engineering and infrastructure-cost advisers.

The process reached tender: the Office of Rail and Road invited offers through a below-threshold open competition. The deadline for enquiries was 6 October 2026 at 17:00, and the tender submission deadline was 20 October 2026 at 17:00. The contract is scheduled to run from 2 November 2026 to 28 February 2027, with an option for one extension of up to 12 months, potentially to 28 February 2028. The estimated value is £75,000 excluding VAT (£90,000 including VAT). Evaluation is based on methodology (30%), delivery (25%), relevant experience (25%) and cost/value for money (20%). Bidders must offer a fixed fee including expenses, with stage-by-stage pricing and applicable day rates.

This opportunity suits consultancies able to combine economic and engineering expertise in rail, infrastructure or regulated-asset expenditure. Strong bidders will be able to analyse cost drivers, apply econometric methods, handle and resolve data issues, and use sound engineering judgement to test the results. The requirement also calls for robust quality assurance, knowledge sharing and close partnership with the Office of Rail and Road’s project manager. Suppliers should demonstrate disciplined project delivery, including milestone management, risk and dependency mitigation, and the ability to provide additional resources when needed. Relevant organisations must provide CVs for both the economic and engineering consultants who will deliver the work, together with examples of similar projects. The contract is identified as suitable for small and medium-sized enterprises.

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/089570-2026
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
22 Sep 2026Today
Submission Deadline
20 Oct 20264 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

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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