Published date: 19 April 2017

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


Closing: 3 February 2017

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Financial management consultancy services - 79412000

Location of contract

London

Value of contract

£49,780

Procurement reference

CCCC17A02.

Published date

19 April 2017

Closing date

3 February 2017

Contract start date

20 February 2017

Contract end date

17 April 2017

Contract type

Service contract

Procedure type

Other:

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Under the current rail franchising model, bidders propose the franchise payments that they are willing to pay (or the subsidy they require) for each year of the franchise term. In return, the Department gives the winning bidder the right (and the obligation) to deliver the services specified in the Franchise Agreement.
Advice is being sought on what options are available for requesting upfront payments for rail franchises and the impact such payments structures could have on the incentives of bidders, operators, taxpayers and passengers. Furthermore, the Department wishes to understand whether it should consider requesting upfront payments for different franchise structures it may tender in future.
The Department for Transport are looking to secure excellent value for money and timely delivery for this Work Package. It is essential that the designated resources that the financial advisers deploy have the following skills and experience for this project:
• Experience working on Rail franchise competitions, particularly considering how the structure of commercial propositions put forward by the Department influences bidder behaviour and franchise robustness; and,
• The ability to produce, at short notice, high quality and robust analysis within the timelines set by the Project Team.
Further details can be found within the full documentation attached to this notice.

More information

Attachments

Award information

Awarded date

16 February 2017

Contract start date

20 February 2017

Contract end date

17 April 2017

Total value of contract

£49,780

This contract was awarded to 1 supplier.

Pricewaterhouse Coopers LLP

Address

7 More London Riverside SE1 2RT London England

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Crown Commercial Service

Address

Floor 9, The Capital Building, Old Hall Street
Liverpool
L3 9PP
England

Telephone

3450103503

Email

supplier@crowncommercial.gov.uk

Website

https://www.gov.uk/government/organisations/crown-commercial-service