Published date: 10 February 2022

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


Closing: 17 December 2021, 12pm

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

SW1P 4DR

Value of contract

£576,000

Procurement reference

tender_292592/1041580

Published date

10 February 2022

Closing date

17 December 2021

Closing time

12pm

Contract start date

25 January 2022

Contract end date

24 July 2022

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

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.

More information

Attachments

Award information

Awarded date

23 December 2021

Contract start date

25 January 2022

Contract end date

24 July 2022

Total value of contract

£576,000

This contract was awarded to 1 supplier.

Rothschild & Co Limited

Address

New Court St Swithin's Lane London EC4N 8AL

Reference

Companies House number: 09783130

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Sam Hatton

Address

Great Minster House
London
SW1P 4DR
England

Email

Sam.Hatton@dft.gov.uk