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Find a TenderAwardedContract details notice
Published 14 Nov 2025, 09:38 GMT

Official UK procurement notice

Rail Network Investment Framework

Official notice

Authority: Office of Rail and Road (Central government)

Framework agreementServicesBelow threshold - open competitionBelow thresholdSME suitable
Sectors: Financial and insurance services (66) Delivery: UK
Framework ceiling (notional)£49,500framework ceiling, not attributable revenue
Submissions closed 5 Dec 2025awarded 2 Jan 2026
Framework period 2 moends 18 Mar 2026 · starts 5 Jan 2026

What is being bought

Published requirement description

The purpose of this project is to undertake an independent actuarial review of Network Rail's Industry Risk Fund (IRF) and Network Rail Risk Fee Fund (NRFF). Both funds are central mechanisms of the Rail Network Investment Framework (RNIF) and are designed to provide third-party promoters with protection against defined liabilities when delivering enhancement projects on the national rail network.

CPV: Financial consultancy services

The lotProcurement structure

single lot · value published
Lot #1Awarded 2 moSMEPublished value£49,500
Contract period: 5 Jan 2026 – 18 Mar 2026 (2 mo)Value: £49,500 exc. VAT · £59,400 inc. VAT
Delivery: UKEligibility: SME eligible
66171000 Financial consultancy services

What it takes to win
i

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 more
How bids were scored

Lot awarding rule: Quality 80% Price 20%

What this means for your bid
  • “Rail Network Investment Framework” is a framework: the contest is a place on its panel, not a single contract.

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
14 Nov 2025, 09:38 GMT
Last source update
5 Jan 2026, 09:51 GMT
FTS notice number
2025/S 000-073799
Latest notice
Contract details notice (UK7)
Classification (CPV)
Financial consultancy services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-05e106 Find a Tender

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredElectronic submission allowed
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Appointment period ends
5 Dec 2025, 23:59 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

orr.bravosolution.co.uk ↗

Timeline

14 Nov 2025 → 5 Jan 2026 · 4 dates
  1. Tender notice published347 days ago
    14 Nov 2025, 09:38 GMT
  2. Admission / appointment period ends325 days ago · period end, not a bid countdown
    5 Dec 2025, 23:59 GMT
  3. Contract starts295 days ago
    5 Jan 2026
  4. Latest notice published295 days ago
    5 Jan 2026, 09:51 GMT

Notice history

3 events · 2 releases on Find a Tender · since 14 Nov 2025
  1. Tender notice published
    14 Nov 2025, 09:38 GMT
    UK4
  2. Contract details notice published
    5 Jan 2026, 09:51 GMT
    UK7
  3. Status changed to complete
    5 Jan 2026, 09:51 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Contracts signed 1latest 2 Jan 2026

1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

  • Contract 1

    Signed
    2 Jan 2026
    Value
    £45,346
    Period
    5 Jan 2026 – 18 Mar 2026
    Status
    active

Contracting authority & participating public bodies

Office of Rail and Road

Contracting authorityPublic authority - central government GB-PPON: PMPH-6471-MDYY 25 Cabot Square, London, London, E14 4QZContact email

Framework contractors & participating bidders

1 commercial party on the notice
  • Government Actuary's DepartmentFramework contractorGB-PPON: PJVY-9952-JQGR 6th Floor, 10 South Colonnade, London, London, E14 4PUContact email

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender