Financial and insurance services (№4709858)

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Publication date

Description

1. Section I
   1. Name and addresses
      Highways England
      Woodlands, Manton Lane
      Bedford
      LS11 9AT
      United Kingdom
      E-mail: [email protected]
      
   2. Type of the contracting authority:
      National or federal agency/office
      
   3. Main activity:
      General public services
      
2. Section II
   1. Scope of the procurement:
      1. Title:
         

         Lower Thames Crossing PF2 Financial Advisors

         
         
      2. Main CPV code:
         66000000
         
      3. Type of contract:
         Services
         
      4. Short description:
         

         The Lower Thames crossing is a significant road improvement project providing a new bored tunnel crossing under the River Thames east of Gravesend and Tilbury and new link roads connecting to the M25 north of the river between junctions 29 and 30 and to the A2 south of the river east of Gravesend. The link roads element of the project is expected to be procured using a Private Finance (PF2) (design, build, finance and maintain).

         Contract, requiring privately financed capital expenditure of around 1 500 000 000 GBP. The project is planned to shortly enter the development phase, progressing through the Development Consent Order (DCO) process and the procurement of a DBFM contract.

         A single financial adviser is required to provide advice and support to Highways England.

         
         
      5. Information about lots:
         This contract is divided into lots: no
      6. Total value of the procurement:
         Value excluding VAT: 17 000 000.00 GBP
   2. Description
      1. Title:
         
      2. Additional CPV code(s):
         
         
      3. Place of performance:
         
      4. Description of the procurement:
         

         Objectives will be to:

         i— provide market intelligence and advice on viable financing structures,

         ii— prepare and maintenance a shadow bid model,

         And provide advice:-.

         iii— during the evaluation process, especially on the bid financing strategies,

         iv— on balance sheet treatment and alignment with ESA10 regs,

         v— on third party revenue contributions, and

         vi— on the financial close arrangements.

         The estimated value of the procurement (excl VAT) is in the range between 12 800 000 GBP and 17 000 000 GBP and is.

         Expected to be for 6 years duration.

         The successful supplier should be able to demonstrate they have the capacity and dedicated resources to undertake a project of this nature.

         
         
      5. Award criteria:
         
      6. Information about options:
         Options: no
      7. Information about European Union funds:
         The procurement is related to a project and/or programme financed by European Union funds: no
      8. Additional information:
         
3. Section IV
   1. Description:
      1. Type of procedure:
         Open procedure
      2. Information about a framework agreement or a dynamic purchasing system:
         
      3. Information about electronic auction:
         
      4. Information about the Government Procurement Agreement (GPA):
         The procurement is covered by the Government Procurement Agreement: yes
   2. Administrative information:
      1. Previous publication concerning this procedure:
         
      2. Information about termination of dynamic purchasing system:
         
      3. Information about termination of call for competition in the form of a prior information notice:
         
4. Section V
   2. Award of contract
      1. Date of conclusion of the contract: 2017-12-12
         
      2. Information about tenders:
         Number of tenders received: 4
         The contract has been awarded to a group of economic operators: no
      3. Name and address of the contractor:
         Pricewaterhouse Cooper (PwC)
         London
         United Kingdom
         The contractor is an SME: no
      4. Information on value of the contract/lot (excluding VAT):
         
         Total value of the contract/lot: 17 000 000.00 GBP
         
      5. Information about subcontracting:
         
         
5. Section VI
   1. Additional information
      
   2. Procedures for review
      1. Review body
         Highways England
         Bedford
         United Kingdom
         
      2. Body responsible for mediation procedures
         
         
      3. Service from which information about the review procedure may be obtained
         
         
   3. Date of dispatch of this notice
      2017-12-13