Lower Thames Crossing- Strategic Sale Advisor
Details
- Supplier(s)
- Lazard and Co. Limited
- Value
- £20,000,000
- Duration
- 2 years
- Topic
- Investment banking services and related services
- Published
- 19 December 2025
- Source
- uk:find_a_tender
Tender 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 transact on behalf of DfT/NH. ## Contract award Title: Lower Thames Crossing- Strategic Sale Advisor ## Contract award
Timeline
- Completed: Award published19 December 2025Current notice
- Completed: Award date19 December 2025
- Next: Contract expiry date31 December 2027in 14 months
About the buyer
Department for Transport (DfT) is a central government department, with commercial work spanning road, rail, aviation and maritime transport across the United Kingdom. The Group Commercial Directorate leads procurement for DfT from Great Minster House. National Highways, HS2 Ltd and Network Rail each run their own separate procurement as arm's-length bodies of DfT. The Driver and Vehicle Licensing Agency, the Driver and Vehicle Standards Agency and the Maritime and Coastguard Agency also buy separately.
Over the past 5 years, most of DfT's contract awards have been in business services, architectural and engineering services and research and development.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@department-for-transport-dft.gov |
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