---
title: "TROP0023-14 Franchise Financial Advisors"
ocid: "ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DFTC - DEPARTMENT FOR TRANSPORT"
published: "2023-03-20"
---

# TROP0023-14 Franchise Financial Advisors

Buyer: DFTC - DEPARTMENT FOR TRANSPORT  
Current stage: Award  
OCID: ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb.json)

## Summary

The Department for Transport (DfTc) has completed the procurement process for the provision of Financial Advisory services under the title "TROP0023-14 Franchise Financial Advisors". The contract, valued at £385,000 GBP, was awarded to Ernst & Young LLP. The procurement method used was selective, involving a call-off from a framework agreement. The contract period began on May 9, 2022, and is set to end on July 27, 2023. The procurement stage was completed through an award process on March 10, 2023.

This tender offers business growth opportunities for firms specialised in financial consultancy services. Businesses looking to compete in this procurement should have experience in offering financial advisory services. The Department for Transport's requirement for Financial Advisory services presents a lucrative opportunity for large advisory firms like Ernst & Young LLP to engage in providing their expertise. The geographical scope for delivery includes British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/567b9e6e-5a40-4ec7-a3ba-65d9dd8f10b9 |
| 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 | 20 Mar 2023 |
| Submission deadline | 8 Apr 2022 |
| Future notice date | Not specified |
| Award date | 18 May 2022 |
| Contract period | 8 May 2022 - 27 Jul 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £385,000 |
| Lots value | Not specified |
| Awards value | £385,000 |
| 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

- 20 Mar 2023 at 16:38 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/567b9e6e-5a40-4ec7-a3ba-65d9dd8f10b9
- 18 May 2022 at 12:15 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/567b9e6e-5a40-4ec7-a3ba-65d9dd8f10b9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/567b9e6e-5a40-4ec7-a3ba-65d9dd8f10b9
  20th March 2023 - 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-dee3e208-29ed-4aab-94be-128f277c2acb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-dee3e208-29ed-4aab-94be-128f277c2acb.json.