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Published 30 Jul 2021, 14:58 BST

Official UK procurement notice

Financial Advisors for Rail Matters

Official notice

Authority: Merseytravel (Public body)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: North West (UKD)
Budget not disclosedValue not published
Submissions closed 1 Sept 2021

What is being bought

Published requirement description

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.

CPV: Financial consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1
Delivery: North West
Variant bids: not allowed

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
Closed
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
30 Jul 2021, 14:58 BST
Last source update
30 Jul 2021, 14:58 BST
Award evaluation window
1 Sept 2021 – …
Authority reference
DN556601
FTS notice number
2021/S 000-018276
Classification (CPV)
Financial consultancy services
Delivery area
North West (UKD)
Official registry OCID
ocds-h6vhtk-02ced2 Find a Tender
Review and risk notes
Review procedure

Review procedures are as set out in the Public Contracts Regulations 2015. Proceedings under the Public Contracts 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
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
1 Sept 2021, 11:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
1 Sept 2021, 11:00 BST
Detailed submission instructions & authority contactsFrom official release

www.the-chest.org.uk ↗

Timeline

30 Jul 2021 → 1 Sept 2021 · 3 dates
  1. Notice published
    30 Jul 2021, 14:58 BST
  2. Submission deadline
    1 Sept 2021, 11:00 BST
  3. Bids opened
    1 Sept 2021, 11:00 BST

Contracting authority & participating public bodies

Merseytravel

Contracting authorityPublic bodyBody governed by public lawPublic Transport No 1 Mann Island, Liverpool, North West, L3 1BPContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.