---
title: "Development of a Financial Model for Compensating Commerical Operators on the Pentland Firth"
ocid: "ocds-r6ebe6-0000516159"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000516159"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000516159.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000516159.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "TRANSPORT SCOTLAND"
published: "2017-11-21"
---

# Development of a Financial Model for Compensating Commerical Operators on the Pentland Firth

Buyer: TRANSPORT SCOTLAND  
Current stage: Award  
OCID: ocds-r6ebe6-0000516159

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000516159.json)

## Summary

The procurement process, initiated by Transport Scotland, focuses on the development of a financial model for compensating commercial operators involved in the Pentland Firth fare reduction scheme. This project falls under the services category within the transport industry and was conducted using an open procedure. The award for this tender was made on 23 October 2017, with a contract value of £62,159. The buying organisation is based in Glasgow, with all procurement documentation accessible through their official website.

This tender presents significant opportunities for businesses specialising in transportation consultancy, particularly firms with experience in financial modelling and service compensation methodologies. Given the project's focus, companies that deliver engineering and transportation consultancy services, especially those familiar with subsidy schemes and fare structuring, would be well-suited to engage with this kind of procurement process. This could pave the way for collaborations or expansions within the public sector transportation domain.

## Notice

Development of Methodology to compensate commercial operators participating in fare reduction scheme

### Lot Information

Lot 1

The aim of the project is to develop methodology to allow commercial operators to be compensated to enable them to provide RET ferry fares in line with SG subsidised routes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV301726 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Nov 2017 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 23 Oct 2017 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £62,159 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | TRANSPORT SCOTLAND |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G4 0HF |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PETER BRETT ASSOCIATES |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71311200 - Transport systems consultancy services

## Release History

- 21 Nov 2017 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV301726

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV301726
  Development of a Financial Model for Compensating Commerical Operators on the Pentland Firth - Development of Methodology to compensate commercial operators participating in fare reduction scheme

## Notice URLs

- http://
- http://www.transport.gov.scot
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000516159

## 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-r6ebe6-0000516159. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000516159.json.