Published date: 13 December 2018

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 4 January 2018

Contract summary

Industry

  • Research and development consultancy services - 73200000

Location of contract

London

Value of contract

£500,000

Procurement reference

CCFI17A32

Published date

13 December 2018

Closing date

4 January 2018

Contract start date

5 January 2018

Contract end date

4 January 2020

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Ad hoc advice in relation to financial matters arising from the GWML or ECML contracts, including for example implementation of variations, refinancing and financial aspects of any dispute.• Strategic financial advice as required, including advice on current market conditions.• Commercial advice, assistance and support to DfT in negotiations with Agility, its financiers and sub-contractors, Network Rail, franchisees and any other relevant party. • Assistance in updating the commercial and financial structure and financial modelling to support DfT decision making and to monitor and analyse Agility's financial models.• Advice on the financial risks and commercial impacts of managing the IEP contract. This will include the preparation of written advice to be used by the Department for Transport. • Tax and accounting advice as required.• Advice on Value for Money, as defined by the HM Treasury Green Book guidance. • Support to DfT on financial risk and investment strategy e.g. monitoring the process for entering into and the pricing of any hedging arrangements (including interest rate and foreign exchange hedging).• Attendance at meetings with DfT and other parties as required, including HM Treasury.• Throughout the contract the Supplier is expected to share skills and knowledge. At the end of the contract the Supplier will be required to complete a knowledge transfer to the Department and, where appropriate, to other external advisers (this may include other financial advisers). This will include the compilation of a set of core commercial documents and legal advice notes, which must also be made available in electronic form prior to the end of the contract.• Exit Strategy• It is expected that the supplier will embed an exit strategy leading up to the end of this Financial Advisor Contract to ensure that any skills or information is passed onto the programme team or successor

More information

Attachments

Award information

Awarded date

4 January 2018

Contract start date

5 January 2018

Contract end date

4 January 2020

Total value of contract

£500,000

This contract was awarded to 1 supplier.

PWC PERFORMANCE SOLUTIONS LIMITED

Address

1 EMBANKMENT PLACE
WC2N 6RH
GB

Reference

Companies House number: 06670334

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Great Minster House,76 Marsham Street
LONDON
SW1P4DR
England

Email

DFTprocurement@DFT.gsi.gov.uk