---
title: "TROP0023-11 Franchise Financial Advisors"
ocid: "ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DFTC - DEPARTMENT FOR TRANSPORT"
published: "2022-04-25"
---

# TROP0023-11 Franchise Financial Advisors

Buyer: DFTC - DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb.json)

## Summary

The procurement process concerns a contract titled "TROP0023-11 Franchise Financial Advisors," commissioned by the Department for Transport (DfTc) in the UK. The contracting authority is located at Great Minster House, 33 Horseferry Road, London. This tender falls under the financial consultancy services category and has reached its award stage, with the contract value amounting to £657,500. The contract period commenced on 1st September 2020 and concluded on 31st July 2022, while the tender period ended on 24th August 2020. The procurement method used was selective, with the award made to Ernst & Young LLP.

This contract presents substantial opportunities for businesses specialising in financial advisory services, particularly those with expertise in public sector consultation. Given the selective procurement approach, larger firms with the capability to mobilise resources across multiple locations—including British Overseas Territories, Europe, and the Channel Islands—would be well-positioned to compete in future tenders under similar agreements. This sector remains a robust area for growth, especially for companies looking to expand their service offerings to government entities.

## Notice

This is a call off from TROP0023 Umbrella agreement. This call off is for the provision of Financial Advisory services for the Great Western Direct Award.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/51961c03-71be-4d27-bdee-7d1b73e95a16 |
| 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 | 25 Apr 2022 |
| Submission deadline | 24 Aug 2020 |
| Future notice date | Not specified |
| Award date | 24 Dec 2021 |
| Contract period | 31 Aug 2020 - 31 Jul 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £657,500 |
| Lots value | Not specified |
| Awards value | £657,500 |
| 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 | DFTC - DEPARTMENT FOR 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 | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 25 Apr 2022 at 13:57 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/51961c03-71be-4d27-bdee-7d1b73e95a16
- 6 Jan 2022 at 09:37 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/51961c03-71be-4d27-bdee-7d1b73e95a16
- 24 Dec 2021 at 19:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/51961c03-71be-4d27-bdee-7d1b73e95a16

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/51961c03-71be-4d27-bdee-7d1b73e95a16
  25th April 2022 - Awarded contract notice on Contracts Finder

## 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-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7a3e1bd4-a6df-4c5d-954f-f1bb6d16f8bb.json.