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Financial Advice in relation to Government Support to the UK Aviation Sector Contract Award Notice

DfTc - Department for Transport Published 10 Feb 2022 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£576,000
Statuscomplete
Category (CPV) 66171000
RegionLondon
Deadline17 Dec 2021
Contract start25 Jan 2022
Contract end24 Jul 2022
Procedureselective
SME suitableNo
OCIDocds-b5fd17-bc8bbeb3-0982-4f49-b039-0e357299a4cc

Award

SupplierValueDateStatus
Rothschild & Co Limited £576,000 23 Dec 2021 active

description

Due to the COVID-19 virus outbreak, there has been a very significant detrimental impact on the aviation sector, both globally and within the UK. This has led to the deteriorating financial position of many entities in the UK aviation market. The Government has already made available support in the form of an unprecedented package of economic measures, including support through loan guarantees, support for exporters, and financial support for employees.

Through delivery of the project, the Government is refreshing and deepening its understanding and knowledge of the financial positions of entities in the aviation sector and developing a stronger evidence base in making both short- and long-term decisions.

Any detailed formal discussions and negotiations with companies seeking financial support will likely require dedicated financial advisor support which would be procured separately and additionally to this overarching contract.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
10 Feb 2022 Award (award) · a1303a15-9c81-4c1e-981e-14e0787c4cd8-508979

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