---
title: "Review of Network Rail's approach to financial risk assessment and management in its strategic business plans for PR18"
ocid: "ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFFICE OF RAIL AND ROAD"
published: "2018-02-15"
---

# Review of Network Rail's approach to financial risk assessment and management in its strategic business plans for PR18

Buyer: OFFICE OF RAIL AND ROAD  
Current stage: Award  
OCID: ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1

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## Summary

The procurement process involves the OFFICE OF RAIL AND ROAD, seeking a consultant to conduct a review of Network Rail's financial risk assessment and management for its strategic business plans for PR18. This tender, titled "Review of Network Rail's approach to financial risk assessment and management in its strategic business plans for PR18," falls under the transport systems consultancy services category. The opportunity is located in England, and the procurement is at the Award stage. Key dates include the contract period starting on 14th February 2018 and ending on 11th April 2018, with the tender period having closed on 30th January 2018.

This tender presents substantial opportunities for businesses specialising in consultancy services, particularly those with expertise in financial risk assessment and management within the transport sector. Companies with a strong background in regulatory finance and the ability to assess funding requirements at a route level will be particularly well-suited to compete. The procurement method is an open procedure, inviting Small and Medium-sized Enterprises (SMEs) to engage, potentially fostering innovative solutions and contributing to their business growth.

## Notice

The backdrop for this requirement is Network Rail's reclassification as a public sector arm's length body, a revised funding structure for the CP6 control period , and a route level approach to our PR18 periodic review of Network Rail. We wish to commission a report on Network Rail's approach to assessing and managing financial risk in its strategic business plans for PR18. The report will feed into the work of ORR's Regulatory Finance team on the financial framework for PR18. We expect to publish minded to positions on a range of financial issues in spring 2018 and our draft PR18 determination in June 2018. The consultant should refer to the two PR18 financial framework consultations that have been published by ORR for context. The consultant should, referring to the sources of information listed in the ITT, assess the process Network Rail has used to estimate the amount of funding required for financial risk relating to: * support activities; * network operation; * network maintenance; * network renewals; * Schedule 4 and 8 costs ; * traction electricity and industry costs3; and * other single till income3 levels. at a route level and in total. Further information can be found in the ITT Additional information: It is advised that bidders register their interest in this tender opportunity on ORR's eTendering Portal early as no further communications regarding this tender will be via Contracts Finder other than information on the award of the contract. Bidders should note the dates and times set out in the ITT concerning deadlines for clarification and submission of proposals.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3d663366-77d4-402b-9f3b-4b06762d7421 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Feb 2018 |
| Submission deadline | 30 Jan 2018 |
| Future notice date | Not specified |
| Award date | 8 Feb 2018 |
| Contract period | 14 Feb 2018 - 11 Apr 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £58,005 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | OFFICE OF RAIL AND ROAD |
| Locality | LONDON |
| Post town | Central London |
| Postcode | WC2B 4AN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAMBRIDGE ECONOMIC POLICY ASSOCIATES |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 71311200 - Transport systems consultancy services
- 79400000 - Business and management consultancy and related services

## Release History

- 15 Feb 2018 at 13:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3d663366-77d4-402b-9f3b-4b06762d7421
- 9 Jan 2018 at 15:38 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/86716248-e545-438c-b333-3bbf76a16603

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3d663366-77d4-402b-9f3b-4b06762d7421
  15th February 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/86716248-e545-438c-b333-3bbf76a16603
  9th January 2018 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/7f4f166d-c6d4-4b8d-991a-c9fd0e2e35d3
  ITT
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/13b87f21-dbb6-4373-87b1-e1a365252a9e
  Form of Agreement
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/18b8e824-40b4-4dd5-a32c-e74bf8851cca
  ORR CT 17-78 Form of Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e3bc5ebc-690b-4bb8-86b5-90d864d67c2c
  Disclaimer
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a2b83ab2-5cf4-4f0a-ad11-dc54a9d3a8b8
  Joining instructions for ORR's eTendering Portal
- https://www.contractsfinder.service.gov.uk/Notice/SupplierAttachment/b0a83d80-2586-45a0-8b88-478794a6bb29
  Signed Contract

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-05d2f7b5-8fbd-406d-ad9c-8549917abef1.json.