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Official procurement procedure
LTC Co Economic and Regulatory Regime (ERR) Review and Assurance
No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: National Highways Limited: "LTC Co Economic and Regulatory Regime (ERR) Review and Assurance". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | National Highways Limited | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: National Highways Limited
Market Analytics
Derived from OCDS awards & bid statistics
Published history for National Highways Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
Not availableNo published reports
Supplier ConcentrationModerate Concentration
Ernst & Young LLPTop vendor: 45.2% of attributable valuePayment Terms
Check noticePublished terms
Coverage: 169 active published awards; 0 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 Unpublished data stays unknown.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.
Historical Awarded Suppliers With This Authority:
| Supplier Name | Historic Awards | Attributable GBP Value |
|---|---|---|
| Ernst & Young LLP | 1 win | £1,445,000 |
| United Utilities Water Limited | 1 win | £822,198 |
| Socotec UK Limited | 1 win | £300,000 |
| Fingleton Limited | 1 win | £260,000 |
| Cardiff University | 1 win | £240,000 |
Procedure terms
Contracting AuthorityNational Highways Limited | 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 |
Published4 Sept 2026, 08:36 BST | Last source update4 Sept 2026, 08:36 BST | Recurring procurementNot published |
ClassificationNot published | ||
Delivery areaLocation not published | ||
OCIDocds-h6vhtk-06e5f2 | ||
What is being bought
Experience-based consulting to provide insight, guidance and critical review of plans for the Regulated Asset Base (RAB) approach to project finance.
What changed
From the official release history
- Official notice release published
4 Sept 2026, 08:36 BST - Official notice release published
24 Aug 2026, 14:35 BST - Status changed to complete
17 Aug 2026, 16:30 BST - Official notice release published
17 Aug 2026, 16:30 BST - Buyer information updated
17 Aug 2026, 16:30 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcompletePublished valueNot publishedThe source published no individual title or description for this lot.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
4 Sept 2026, 08:36 BST - Award active
Not published · Not published - Contract active
Signed 28 Aug 2026, 00:00 BST · £295,000
Commercial outcome and competition
Awards Oxera Consulting LLP Not published · Not published · active |
Contracts LTC Co Economic and Regulatory Regime (ERR) Review and Assurance £295,000 · signed 28 Aug 2026, 00:00 BST · active Contract period: 1 Sept 2026, 00:00 BST — 31 Jul 2028, 23:59 BST |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
National Highways Limited
Contracting authority GB-PPON-PGMJ-3793-VBBNDocuments (1)
Official links; attachments are not copied
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleClause 6 of Schedule 5 of PA2023 is applicable as the following conditions are met in relation to the public contract:
(a) due to an absence of competition for technical reasons, only a particular supplier can supply the goods, services or works required, and
(b) there are no reasonable alternatives to those goods, services or works.
Retaining the existing regulatory advisors, on the project provides clear commercial, programme, and risk management benefits:
The current advisors have developed a detailed understanding of the project’s regulatory framework, key risks, and stakeholder expectations. Replacing them would result in a loss of knowledge, requiring significant time and cost to onboard new advisors.
Introducing new advisors at this stage would create avoidable delays while they familiarise themselves with the project, potentially impacting critical milestones. Maintaining the existing team supports continuity and protects the programme timeline.
Transitioning to new advisors would incur duplication of work, additional onboarding costs, and inefficiencies during the handover period. Retention avoids these unnecessary expenditures.
Changing advisors risks inconsistency in outputs and could undermine prior work or require revalidation. |