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ac9ac2c7-9f88-4d6e-9bd7-0619ec884d64-142610- Published tags
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Public procurement
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ocds-b5fd17-ea083ccd-ca2e-4ba0-8a8e-004e6a8b7de1Published facts
ac9ac2c7-9f88-4d6e-9bd7-0619ec884d64-142610Under the current rail franchising model, bidders propose the franchise payments that they are willing to pay (or the subsidy they require) for each year of the franchise term. In return, the Department gives the winning bidder the right (and the obligation) to deliver the services specified in the Franchise Agreement. Advice is being sought on what options are available for requesting upfront payments for rail franchises and the impact such payments structures could have on the incentives of bidders, operators, taxpayers and passengers. Furthermore, the Department wishes to understand whether it should consider requesting upfront payments for different franchise structures it may tender in future. The Department for Transport are looking to secure excellent value for money and timely delivery for this Work Package. It is essential that the designated resources that the financial advisers deploy have the following skills and experience for this project: • Experience working on Rail franchise competitions, particularly considering how the structure of commercial propositions put forward by the Department influences bidder behaviour and franchise robustness; and, • The ability to produce, at short notice, high quality and robust analysis within the timelines set by the Project Team. Further details can be found within the full documentation attached to this notice.
Observed notice trail
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Award notice observed
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ac9ac2c7-9f88-4d6e-9bd7-0619ec884d64-142610Awards and suppliers
Buyer: Government Commercial AgencySupplier: Pricewaterhouse Coopers LLP
ocds-b5fd17-ea083ccd-ca2e-4ba0-8a8e-004e6a8b7de1-1End dates, recurrence wording and links are shown as they appear in public notices. They do not create a new opportunity. If no later linked record appears here, that means Bidwake did not find one in the records it has loaded; it does not prove that none exists.