Strategic Financial Advisors for Project Helios

Official notice

Authority: Department for Transport (Central government)

Below threshold - without competition

Sectors: Financial and insurance services (66) Delivery: UK

Awarded value£112,000published contract · exc. VAT

Awarded 1 May 2026no call for competition

Awarded to N M Rothschild & Sons Limited

What is being bought

Published requirement description

Strategic Financial Advice for Project Helios

The Department for Transport (“the Authority”) requires the procurement of short‑term specialist financial advice to provide independent challenge on the affordability and financeability of Heathrow Expansion to support finalisation of the Airports National Policy Statement this year.

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

66100000 Banking and investment services

Procedure terms & legal framework

From the official record

Procedure method: Below threshold - without competition
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 1 May 2026, 15:01 BST
Last source update: 1 May 2026, 15:01 BST
Authority reference: THEP3037
FTS notice number: 2026/S 000-040629
Latest notice: Contract details notice (UK7)
Delivery area: UK
Official registry OCID: ocds-h6vhtk-069086 Find a Tender

Notice history

1 event · 1 release on Find a Tender

Contract details notice published
1 May 2026, 15:01 BST
UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £112,0001 contract exc. VAT

Contracts signed 1latest 1 May 2026

Awarded to	Value	Date	Status
N M Rothschild & Sons Limited	£112,000 †	—	Awarded

Contracts

Strategic Financial Advisors for Project Helios · N M Rothschild & Sons Limited
Signed
1 May 2026
Value
£112,000
Period
1 May 2026 – 1 Jul 2026 · up to 31 Aug 2026 with extensions
Status
active
Extensions
Time only is permissble

Contracting authority & participating public bodies

Department for Transport

Contracting authorityPublic authority - central government GB-PPON: PLTC-5358-LTWZ Great Minster House, 33 Horseferry Road, London, London, SW1P 4DRContact email

Bidders & participating suppliers

1 commercial party on the notice

N M ROTHSCHILD & SONS LTDAwarded supplierGB-PPON: PVVD-4447-WWCT St. Swithin's Lane, London, London, EC4N 8ALContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender1 May 2026, 15:01 BST