---
title: "Provision of Financial Advisors for the Operator of Last Resort"
ocid: "ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR TRANSPORT : DEPARTMENT FOR TRANSPORT"
published: "2020-01-15"
---

# Provision of Financial Advisors for the Operator of Last Resort

Buyer: DEPARTMENT FOR TRANSPORT : DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809.json)

## Summary

The procurement process involves the Department for Transport, focusing on the provision of financial advisory services to the Operator of Last Resort. This tender falls under the consultancy industry, specifically economic impact assessment and business management consultancy services, and is based in England. The contract was awarded on 28th October 2019, with a total value of £4 million GBP for the contract period commencing on 2nd December 2019 and concluding on 1st December 2021. The procurement method utilised was selective, specifically a call-off from a framework agreement, indicating a staged tendering process.

This tender offers substantial opportunities for large consultancy firms that specialise in economic impact assessments and strategic business management. With the financial advisory services sector poised for growth, businesses with expertise in providing strategic insights and assessments are particularly well-suited to compete in this space. Engaging with this contract could enhance business portfolios and establish critical relationships with a government authority, potentially leading to further contracts in the public sector.

## Notice

Provision of Financial Advisors for the Operator of Last Resort

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c9d70bc8-53b2-4a08-8f20-12add8517e6c |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Jan 2020 |
| Submission deadline | 25 Sep 2019 |
| Future notice date | Not specified |
| Award date | 28 Oct 2019 |
| Contract period | 2 Dec 2019 - 1 Dec 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | DEPARTMENT FOR TRANSPORT : DEPARTMENT FOR TRANSPORT |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L3 9PP |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | City Centre North |
| Westminster constituency | Liverpool Riverside |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 79311410 - Economic impact assessment
- 79410000 - Business and management consultancy services

## Release History

- 15 Jan 2020 at 10:41 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c9d70bc8-53b2-4a08-8f20-12add8517e6c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c9d70bc8-53b2-4a08-8f20-12add8517e6c
  15th January 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d48dd9b6-e8f6-40d5-8ac9-f382a8f5d8bc
  CCCC19A35 REDACTED Call Off Award Letter
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/18474020-3a58-4d62-a7a0-0d4eb1aec4e7
  CCCC19A35 REDACTED Call Off Order Form RM3745
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/39170ca5-a9b3-4d86-aa9e-b17b463074d2
  CCCC19A35 REDACTED Call Off Terms and Conditions RM3745

## Notice URLs

- https://www.gov.uk/government/organisations/crown-commercial-service

## 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-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0c549f63-7cbd-4de9-a53a-494dc2036809.json.