--- title: "Financial Advice in relation to Government Support to the UK Aviation Sector" ocid: "ocds-h6vhtk-0315fb" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0315fb" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0315fb.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0315fb.json" source: "Find A Tender Service" current_stage: "Award" buyer: "DEPARTMENT FOR TRANSPORT" published: "2022-02-10" --- # Financial Advice in relation to Government Support to the UK Aviation Sector Buyer: DEPARTMENT FOR TRANSPORT Current stage: Award OCID: ocds-h6vhtk-0315fb [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0315fb) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0315fb.json) ## Summary The procurement process involves the Department for Transport, which has initiated a tender for "Financial Advice in relation to Government Support to the UK Aviation Sector." This project falls under the financial consultancy services category and aims to address critical financial challenges faced by the aviation industry due to the COVID-19 pandemic. The procurement method utilised is limited, without prior publication, and bidders were directly invited from the Crown Commercial Services RM6169 Corporate Finance Services 2 Framework. The contract was awarded on 25 January 2022, valued at £576,000, with the project based in the UK. This tender presents significant opportunities for businesses specialising in financial consultancy, particularly those with experience in the aviation sector. Firms that can provide comprehensive financial advisory services, especially regarding government support and recovery strategies, would be well-positioned to compete. Additionally, this is an opportune moment for companies to leverage their expertise in financial analysis and strategic planning to assist aviation entities navigating this challenging landscape. ## Notice Due to the COVID-19 virus outbreak, there has been a very significant detrimental impact on the aviation sector, both globally and within the UK. This has led to the deteriorating financial position of many entities in the UK aviation market. The Government has already made available support in the form of an unprecedented package of economic measures, including support through loan guarantees, support for exporters, and financial support for employees. Through delivery of the project, the Government is refreshing and deepening its understanding and knowledge of the financial positions of entities in the aviation sector and developing a stronger evidence base in making both short- and long-term decisions. Any detailed formal discussions and negotiations with companies seeking financial support will likely require dedicated financial advisor support which would be procured separately and additionally to this overarching contract. ### Lot Information Lot 1 Due to the COVID-19 virus outbreak, there has been a very significant detrimental impact on the aviation sector, both globally and within the UK. This has led to the deteriorating financial position of many entities in the UK aviation market. The Government has already made available support in the form of an unprecedented package of economic measures, including support through loan guarantees, support for exporters, and financial support for employees. Through delivery of the project, the Government is refreshing and deepening its understanding and knowledge of the financial positions of entities in the aviation sector and developing a stronger evidence base in making both short- and long-term decisions. Any detailed formal discussions and negotiations with companies seeking financial support will likely require dedicated financial advisor support which would be procured separately and additionally to this overarching contract. ### Procurement Information This was a Call-Off from the Crown Commercial Service RM6169 Corporate Finance Services 2 Framework. Suppliers on this Framework were directly invited to compete via Jaggaer and e-mail. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/003936-2022 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Award procedure without prior publication of a call for competition | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Feb 2022 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 25 Jan 2022 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £576,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEPARTMENT FOR TRANSPORT | | Locality | LONDON | | Post town | Not specified | | Postcode | N/A | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ROTHSCHILD | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66171000 - Financial consultancy services ## Release History - 10 Feb 2022 at 22:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/003936-2022 ## Notice URLs - https://www.gov.uk/government/organisations/department-for-transport ## 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-h6vhtk-0315fb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0315fb.json.