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PROCUREMENT OPPORTUNITY

LTC Co Economic and Regulatory Regime (ERR) Review and Assurance

National Highways Limited · Contract details notice on Find a Tender

Tender information last checkedLast checked 24 Sept 2026, 11:46.

Opportunity overview

Experience-based consulting to provide insight, guidance and critical review of plans for the Regulated Asset Base (RAB) approach to project finance.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Oxera Consulting LLP

Matched by exact name
Contract value
£295k
Awarded
Not supplied
Contract signed
27 Aug 2026
Including VAT
£354k
Award ID
1
Status
active
Identifier
GB-PPON PHVY-1952-ZVTV
Location
Oxford, UKJ14, OX1 1JD, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
pro_24550
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award
Why this procedure was chosen
Clause 6 of Schedule 5 of PA2023 is applicable as the following conditions are met in relation to the public contract: (a) due to an absence of competition for technical reasons, only a particular supplier can supply the goods, services or works required, and (b) there are no reasonable alternatives to those goods, services or works. Retaining the existing regulatory advisors, on the project provides clear commercial, programme, and risk management benefits: The current advisors have developed a detailed understanding of the project’s regulatory framework, key risks, and stakeholder expectations. Replacing them would result in a loss of knowledge, requiring significant time and cost to onboard new advisors. Introducing new advisors at this stage would create avoidable delays while they familiarise themselves with the project, potentially impacting critical milestones. Maintaining the existing team supports continuity and protects the programme timeline. Transitioning to new advisors would incur duplication of work, additional onboarding costs, and inefficiencies during the handover period. Retention avoids these unnecessary expenditures. Changing advisors risks inconsistency in outputs and could undermine prior work or require revalidation.

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure reasons

Entry 1
Id
singleSuppliersTechnicalReasons

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
National Highways Limited
Id
GB-PPON-PGMJ-3793-VBBN

Identifier

Scheme
GB-PPON
Id
PGMJ-3793-VBBN

Address

Street Address
Three Snowhill, Snow Hill Queensway
Locality
Birmingham
Postal Code
B4 6GA
Country
GB
Country Name
United Kingdom
Region
UKG31

Contact

Telephone
0300 123 5000

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
Oxera Consulting LLP
Id
GB-PPON-PHVY-1952-ZVTV

Identifier

Scheme
GB-PPON
Id
PHVY-1952-ZVTV

Address

Street Address
Park Central, 40/41 Park End Street
Locality
Oxford
Postal Code
OX1 1JD
Country
GB
Country Name
United Kingdom
Region
UKJ14

Contact

Roles

supplier

Details

Scale
sme
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
79410000
Description
Business and management consultancy services

Suppliers

Supplier 1
Id
GB-PPON-PHVY-1952-ZVTV
Name
Oxera Consulting LLP

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
LTC Co Economic and Regulatory Regime (ERR) Review and Assurance
Status
active
Above Threshold
Yes
Date Signed
28 Aug 2026, 00:00

Period

Starts
1 Sept 2026, 00:00
Ends
31 Jul 2028, 23:59

Value

Including VAT
354,000
Amount
295,000
Currency
GBP

Agreed Metrics

Entry 1
Id
1
Title
Time & Quality
Description
Deliverables against contract milestones to time and quality requirements.

Observations

Entry 1
Id
frequency

Period

Duration In Months
1

Documents

Entry 1
Id
083697-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
4 Sept 2026, 08:36
Format
text/html

Recorded locations

  • Buyer location · Birmingham · UKG31 · B4 6GA · United Kingdom

Notice and amendment history

3 published notice versions reviewed by ProcuraAxis.

3 VERSIONS
  1. 078264-2026Transparency notice on Find a Tender ·
  2. 080411-2026Contract award notice on Find a Tender ·
  3. 083697-2026Contract details notice on Find a Tender ·