Lower Thames Crossing- Strategic Sale Advisor
Buyer: Department for Transport
- Published
- 19 December 2025
- Estimated value
- £20,000,000
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 084970-2025
- Reference
- ocds-h6vhtk-059057
- Official source
- Official source
CPV codes
- 66120000Investment banking services and related services
Description
The 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 tra…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Lazard & Co., Limited | £20,000,000 | 19 December 2025 |
Official publications
- FTS · 084970-2025 · 19 December 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £20,000,000.
- Who is the buyer of this tender?
- The contracting authority is Department for Transport (United Kingdom).
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- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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