Official UK procurement notice
Financial Advisors for Rail Matters
Authority: Merseytravel (Public body)·Consortium: 3 public authorities
What is being bought
Published requirement descriptionMerseytravel 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.
CPV: Education and training services · Financial consultancy, financial transaction processing and clearing-house services · Personal development training services · Specialist training services · Staff training services
The lotProcurement structure
single lot · no lot value publishedWhat it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published award criteria (2)
- Quality: 75
- Price: 25
- Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 21 Jul 2021, 17:05 BST
- Last source update
- 16 Dec 2021, 15:17 GMT
- Authority reference
DN556601- FTS notice number
2021/S 000-031450- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02caeaFind a Tender
- Review procedure
Review procedures are as set out in the Public Contract Regulations 2015. Proceedings under the Public Contract Regulations 2015 are time limited, and any such proceedings must be brought in the High Court of England and Wales.
How it was run
Official notice- Submission deadline
- 23 Aug 2021, 15:00 BST
- Submission channel
- {"written"}
- Accepted languages
- en
Timeline
23 Aug 2021 → 16 Dec 2021 · 2 dates- Submission deadline23 Aug 2021, 15:00 BST
- Notice published16 Dec 2021, 15:17 GMT
Notice history
3 events · 3 releases on Find a Tender · since 5 Oct 2021- Status changed to complete5 Oct 2021, 17:24 BST
- Buyer details updated5 Oct 2021, 17:24 BST
- Buyer details updated16 Dec 2021, 15:17 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| This information has been withheldContract | £159,648 † | — | Awarded |
| Grant Thornton UK LLP | £750,000 † | — | Awarded |
Contracts
Financial Advisors for Rail Matters · Grant Thornton UK LLP
- Signed
- 2 Nov 2021
- Value
- £750,000
- Status
- active
Contract · This information has been withheld
- Signed
- 29 Sept 2021
- Value
- £159,648
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic · 1 from abroad | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- NI Prison ServiceContracting authorityBody governed by public lawGeneral public services
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
- The UK has no such bodyReview body
Bidders & participating suppliers
2 commercial parties on the notice- Grant Thornton UK LLPAwarded supplier
- This information has been withheldAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.