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Official procurement procedure

Financial Advisors for Rail Matters

Financial consultancy
financial transaction processing and clearing-house services
North West (UKD7)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Merseytravel: "Financial Advisors for Rail Matters". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityMerseytravelScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Merseytravel
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Merseytravel. 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
4.3Bids / Report
14.3% 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: 7 active published awards; 7 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 Unpublished data stays unknown.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 AuthorityMerseytravel
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
Published16 Dec 2021, 15:17 GMT
Last source update16 Dec 2021, 15:17 GMT
Recurring procurementNot published
ClassificationFinancial consultancy, financial transaction processing and clearing-house services
Delivery area
North West (UKD7)
OCIDocds-h6vhtk-02caea
What is being bought
Merseytravel wishes to appoint a single Financial Services firm to act as its principal external financial advisors in relation to rail matters for a period of 3 years. The appointed financial advisors, together with externally appointed commercial,legal and technical advisors as appropriate, will advise a variety of staff within Merseytravel and LCRCA including: • Directors • Integrated Transport and Rail Teams • Rolling Stock Team • OLR Team • Legal Team • Finance Team It will be vital to form coherent and cohesive working teams and ensure that advice and workstreams are aligned throughout the organisation. Given the technical and specialist nature of rail operations, the appointed financial advisors may be required to advise in conjunction with other external consultants including commercial, legal and technical advisors. In delivering the services financial advisors will also be required to work closely with members of Merseytravel’s internal finance team and where possible help to upskill them in relevant areas and disciplines.
What changed
From the official release history
  1. Official notice release published
    16 Dec 2021, 15:17 GMT
  2. Buyer information updated
    16 Dec 2021, 15:17 GMT
  3. tender value changed
    5 Oct 2021, 17:24 BST
  4. Status changed to complete
    5 Oct 2021, 17:24 BST
  5. Official notice release published
    5 Oct 2021, 17:24 BST
  6. Submission deadline changed to published date
    5 Oct 2021, 17:24 BST
  7. Buyer information updated
    5 Oct 2021, 17:24 BST
  8. Published value updated to £125,098
    21 Jul 2021, 17:05 BST
  9. Status changed to active
    21 Jul 2021, 17:05 BST
  10. Official notice release published
    21 Jul 2021, 17:05 BST
  11. Submission deadline changed to 23 Aug 2021, 15:00 BST
    21 Jul 2021, 17:05 BST
  12. Buyer information updated
    21 Jul 2021, 17:05 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Merseytravel wishes to appoint a single Financial Services firm to act as its principal external financial advisors in relation to rail matters for a period of 3 years. The appointed financial advisors, together with externally appointed commercial,legal and technical advisors as appropriate, will advise a variety of staff within Merseytravel and LCRCA including: • Directors • Integrated Transport and Rail Teams • Rolling Stock Team • OLR Team • Legal Team • Finance Team It will be vital to form coherent and cohesive working teams and ensure that advice and workstreams are aligned throughout the organisation. Given the technical and specialist nature of rail operations, the appointed financial advisors may be required to advise in conjunction with other external consultants including commercial, legal and technical advisors. In delivering the services financial advisors will also be required to work closely with members of Merseytravel’s internal finance team and where possible help to upskill them in relevant areas and disciplines.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 Dec 2021, 15:17 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 2 Nov 2021, 00:00 GMT · £750,000
Commercial outcome and competition
Awards
Grant Thornton UK LLP
Not published · Not published · active
Contracts
Financial Advisors for Rail Matters
£750,000 · signed 2 Nov 2021, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
Buyer and organisations in this procedure

Merseytravel

Contracting authority GB-FTS-38002
View buyer profile

  • Merseytravel
    buyer

    No.1 Mann Island, Liverpool, UKD7, L3 1BP
    tender@liverpoolcityregion-ca.gov.uk

  • Grant Thornton UK LLP
    supplier

    30 Finsbury Square, London, UKI, EC2A 1AG

  • Royal Courts of Justice
    reviewBody

    Strand, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published