---
title: "OLR FINANCIAl ADVISOR DA"
ocid: "ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE DEPARTMENT FOR TRANSPORT"
published: "2019-10-21"
---

# OLR FINANCIAl ADVISOR DA

Buyer: THE DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50.json)

## Summary

The tender titled "OLR Financial Advisor DA" was initiated by The Department for Transport, focusing on financial advisory services for the Operator of Last Resort. This contract falls under the industry category of research and development services, valued at £850,000. The procurement method used is selective, with a call-off from a framework agreement. The tender period concluded on 19th July 2019, and the contract period started on 14th August 2019, continuing until 13th January 2020. The delivery location for the services is in the South East region of the United Kingdom.

This tender presents significant growth opportunities for consultancy firms specialising in financial advisory services, particularly those with experience working in the transport sector. Businesses that can provide innovative solutions and demonstrate strong analytical capabilities would be ideally positioned to compete for similar contracts in future procurement processes. Engaging with the contracting authority, The Department for Transport, could further enhance opportunities for collaboration and future projects.

## Notice

Financial Advise for Operator of Last Resort

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a5bba33a-6ef7-41ca-bdcd-130c767e5f22 |
| 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 | 21 Oct 2019 |
| Submission deadline | 19 Jul 2019 |
| Future notice date | Not specified |
| Award date | 8 Aug 2019 |
| Contract period | 13 Aug 2019 - 13 Jan 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £850,000 |
| Lots value | Not specified |
| Awards value | £850,000 |
| 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 | THE 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 | TLJ South East (England) |

## Supplier

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

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 21 Oct 2019 at 11:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a5bba33a-6ef7-41ca-bdcd-130c767e5f22

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a5bba33a-6ef7-41ca-bdcd-130c767e5f22
  21st October 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/604583fb-f172-4142-8794-9f89d79b2e29
  award letter

## 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-a33a9c42-58c8-457c-8b0c-c2e0585b8e50. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a33a9c42-58c8-457c-8b0c-c2e0585b8e50.json.