Award

Rail Directorate Financial Advisers Contract Award Notice

TRANSPORT SCOTLAND

This public procurement record has 1 release in its history.

Award

16 Jan 2018 at 00:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The Rail Directorate of Transport Scotland has awarded the "Rail Directorate Financial Advisers Contract" for financial advisory services, with a total value of £1,800,000. This contract falls under the services category and is part of the transport industry. The procurement method was a selective tender using a restricted procedure, and the award was officially made on December 7, 2017. The contract's delivery area includes Scotland, particularly within the Glasgow region, and the buyer's headquarters is located at Buchanan House, 58 Port Dundas Road, Glasgow.

This contract presents significant opportunities for businesses specialising in financial advisory services, particularly those experienced in the transport sector. Organised and established firms that can provide comprehensive financial insights and strategic support in railway functions, franchise management, and infrastructure financing will find this tender relevant. Given its substantial value and the focus on effective specialist advice for Scottish Ministers, businesses that can demonstrate expertise in these areas will be well-positioned to compete for future opportunities in public procurement contracts within the rail transport industry.

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Notice Information

Notice Title

Rail Directorate Financial Advisers Contract Award Notice

Notice Description

financial advisory services

Lot Information

Lot 1

Transport Scotland is accountable to Scottish Ministers for the delivery of a broad suite of devolved, nationally important rail functions. Rail is a key part of the Agency's National Transport Strategy and the Government's purpose on creating a more successful country, with opportunities for all of Scotland to flourish, through increasing sustainable economic growth. The agency's primary delivery mechanism in realising our strategic aims are achieved through our rail franchises (ScotRail & Caledonian Sleeper), and directly funding Network Rail's activities in Scotland to own, maintain and operate the rail infrastructure (1,770 miles of track, 4,331 bridges and 80 tunnels). To continue to successfully deliver our strategic aims through the above mechanisms, Transport Scotland's Rail Directorate require access to effective specialist rail financial advice, across a broad spectrum of areas of expertise. This advice will be critical to the success of Scottish Ministers in taking forward a wide range of rail commercial, project and policy work.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000525466
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306588
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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

79211200 - Compilation of financial statements services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,800,000 £1M-£10M

Notice Dates

Publication Date
16 Jan 20188 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Dec 20178 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT SCOTLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0HF
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST AND YOUNG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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