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Contract award record

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

Notice details

Published
Category
services
Buyer region
London

Public buyer and contract winner

awarded to

Contract winner

Rothschild & Co Limited

Award value£576,000

  1. Awarded
    Completed
  2. Start
    Completed
  3. End
    Completed

Work 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.

Related awards

Source: Contracts Finder · Notice a1303a15-9c81-4c1e-981e-14e0787c4cd8-508979

View source notice