---
title: "TROO0139- Extension OLR Financial Advisors"
ocid: "ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DFTC - DEPARTMENT FOR TRANSPORT"
published: "2022-02-15"
---

# TROO0139- Extension OLR Financial Advisors

Buyer: DFTC - DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9.json)

## Summary

The Department for Transport (DfTc) has awarded a contract titled "TROO0139- Extension OLR Financial Advisors" for financial consultancy services, amounting to £12,000,000. This procurement process, classified under CPV code 66171000, is currently complete, having entered the award stage on 23rd November 2021. The contract period commenced on 1st December 2021 and extends until 1st December 2022, reflecting a one-year contract extension. The services will be delivered across several territories, including the United Kingdom and British Overseas Territories.

This tender presents ample opportunities for businesses, particularly smaller enterprises engaged in financial consultancy, to establish or enhance their partnerships with government entities. With the DfTc seeking to extend its existing relationship with Ernst & Young, it is an opportune moment for proficient financial service providers to showcase their capabilities and potentially secure future contracts in the public sector. Companies with relevant experience and expertise in financial advisory services will be particularly well-suited to compete in similar procurement processes.

## Notice

This variation is being issued to extend the contract between the Authority and the Supplier. The Terms and Conditions of the Contract as previously agreed and amended between the Authority and the Supplier will still apply but with the following amendments: - A further time extension of one year is to be added to the contract term, making the new expiry date 1st December 2022

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/63260384-7f1c-45da-8007-2886f80ed50f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Extension |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Feb 2022 |
| Submission deadline | 30 Nov 2021 |
| Future notice date | Not specified |
| Award date | 23 Nov 2021 |
| Contract period | 1 Dec 2021 - 1 Dec 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £12,000,000 |
| Lots value | Not specified |
| Awards value | £12,000,000 |
| 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 | 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

- 15 Feb 2022 at 11:57 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/63260384-7f1c-45da-8007-2886f80ed50f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/63260384-7f1c-45da-8007-2886f80ed50f
  15th February 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d26919b1-9e0f-4edf-8038-ced17c7b3aa8
  n/a

## 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-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7c66cb1e-bdd1-4d0a-a08a-a9685ee6d9f9.json.