Planning notice observed
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052417-2025- Published tags
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Public procurement
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ocds-h6vhtk-059057Published facts
062240-2026The Lower Thames Crossing is a proposed new 14.3-mile road and tunnel which will pass under the river Thames connecting Kent and Essex, the scheme includes two 2.6-mile tunnels under the Thames, with roads required on either side to link it into the existing network. HMG have been examining private finance options for the main works. The leading option is now a Regulated Asset Base model, in which a new economically regulated company (LTC Co) will undertake the main construction works, as well as maintain and operate both Lower Thames Crossing and Dartford Crossings. The Department for Transport is contracting with an organisation to act as a Strategic Sale Advisor, responsible for leading and executing the Lower Thames Crossing Co sale. Key responsibilities for the Strategic Sale Advisor will include: Capital Markets Advisory, Market Engagement & Investor Outreach, Credit Rating Process, Equity Sale Execution & Transaction Finalisation. The Department for Transport (DfT) and National Highways (NH) will be the transaction principals with all decision-making authority reserved to them. The Srategic Sale Advisor will be acting in an advisory capacity only with no authority to transact on behalf of DfT/NH.
Observed notice trail
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Planning notice observed
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052417-2025Planning notice observed
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057287-2025Planning record updated
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057417-2025Tender notice observed
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Awards and suppliers
Buyer: Department for TransportSupplier: Lazard & Co., Limited
1Buyer: Department for TransportSupplier: Lazard & Co., Limited
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070096-2025Tender record updated
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070098-2025Award notice observed
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084970-2025Award notice observed
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001091-2026Award notice observed
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001114-2026Published record: implementation
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062240-20262