---
title: "Intercity Express Programme Financial Advisor"
ocid: "ocds-b5fd17-3e00429e-a686-4c26-b75a-c2cc7fe21b1a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3e00429e-a686-4c26-b75a-c2cc7fe21b1a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3e00429e-a686-4c26-b75a-c2cc7fe21b1a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3e00429e-a686-4c26-b75a-c2cc7fe21b1a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT OF TRANSPORT"
published: "2018-12-13"
---

# Intercity Express Programme Financial Advisor

Buyer: DEPARTMENT OF TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-3e00429e-a686-4c26-b75a-c2cc7fe21b1a

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## Summary

The Department of Transport is seeking a financial advisor for the Intercity Express Programme, with a total contract value of £500,000. This procurement falls under the category of research and development consultancy services and is primarily based in London, United Kingdom. The current stage of the procurement is designated as 'Award,' following a selective procurement method via a call-off from a framework agreement. The contract period spans from 5 January 2018 to 4 January 2020, with the tender period concluding on 4 January 2018.

This opportunity is ideal for large firms with expertise in financial consultancy, particularly those experienced in commercial negotiations and financial modelling. Businesses that specialise in providing strategic financial advice, tax and accounting guidance, and comprehensive risk management strategies would find this tender particularly relevant. Companies that can contribute to value-for-money assessments and have a solid understanding of public sector contracts in transport-related projects will be well-positioned to compete for this contract.

## Notice

Ad hoc advice in relation to financial matters arising from the GWML or ECML contracts, including for example implementation of variations, refinancing and financial aspects of any dispute.* Strategic financial advice as required, including advice on current market conditions.* Commercial advice, assistance and support to DfT in negotiations with Agility, its financiers and sub-contractors, Network Rail, franchisees and any other relevant party. * Assistance in updating the commercial and financial structure and financial modelling to support DfT decision making and to monitor and analyse Agility's financial models.* Advice on the financial risks and commercial impacts of managing the IEP contract. This will include the preparation of written advice to be used by the Department for Transport. * Tax and accounting advice as required.* Advice on Value for Money, as defined by the HM Treasury Green Book guidance. * Support to DfT on financial risk and investment strategy e.g. monitoring the process for entering into and the pricing of any hedging arrangements (including interest rate and foreign exchange hedging).* Attendance at meetings with DfT and other parties as required, including HM Treasury.* Throughout the contract the Supplier is expected to share skills and knowledge. At the end of the contract the Supplier will be required to complete a knowledge transfer to the Department and, where appropriate, to other external advisers (this may include other financial advisers). This will include the compilation of a set of core commercial documents and legal advice notes, which must also be made available in electronic form prior to the end of the contract.* Exit Strategy* It is expected that the supplier will embed an exit strategy leading up to the end of this Financial Advisor Contract to ensure that any skills or information is passed onto the programme team or successor

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/21b6ed7a-ff20-41eb-bb65-2c9b7e54be0b |
| 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 | 13 Dec 2018 |
| Submission deadline | 4 Jan 2018 |
| Future notice date | Not specified |
| Award date | 4 Jan 2018 |
| Contract period | 5 Jan 2018 - 4 Jan 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | £500,000 |
| 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 OF TRANSPORT |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 4DR |
| 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 | Vincent Square |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PWC PERFORMANCE SOLUTIONS |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73200000 - Research and development consultancy services

## Release History

- 13 Dec 2018 at 14:54 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/21b6ed7a-ff20-41eb-bb65-2c9b7e54be0b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/21b6ed7a-ff20-41eb-bb65-2c9b7e54be0b
  13th December 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/ea34c17a-efa0-45ee-a8fc-64e976040379
  Award Letter

## Provenance

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