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Official procurement procedure

Financial Advice in relation to Government Support to the UK Aviation Sector

Financial consultancy services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Department for Transport: "Financial Advice in relation to Government Support to the UK Aviation Sector". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDepartment for TransportScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Department for Transport
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Department for Transport. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
6.1Bids / Report
4.5% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 24 active published awards; 22 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityDepartment for Transport
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published10 Feb 2022, 22:45 GMT
Last source update10 Feb 2022, 22:45 GMT
Recurring procurementNot published
ClassificationFinancial consultancy services
Delivery area
UK
OCIDocds-h6vhtk-0315fb
What is being bought
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.
What changed
From the official release history
  1. Status changed to complete
    10 Feb 2022, 22:45 GMT
  2. Official notice release published
    10 Feb 2022, 22:45 GMT
  3. Buyer information updated
    10 Feb 2022, 22:45 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    10 Feb 2022, 22:45 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 25 Jan 2022, 00:00 GMT · £576,000
Commercial outcome and competition
Awards
Rothschild & Co Limited
Not published · Not published · active
Contracts
Financial Advice in relation to Government Support to the UK Aviation Sector
£576,000 · signed 25 Jan 2022, 00:00 GMT · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

Department for Transport

Contracting authority GB-FTS-6043
View buyer profile

  • Department for Transport
    buyer
    reviewBody

    London, UK
    Sam.Hatton@dft.gov.uk

  • Rothschild & Co Limited
    supplier

    London, UK
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThis 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.