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

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [DfTc - Department for Transport](/buyers/dftc-department-for-transport/contract-awards)
- Contract winner: Rothschild & Co Limited
- Award value: £576,000
- Tender value: £576,000
- Award date: 23 December 2021
- Published: 10 February 2022
- Contract start: 25 January 2022
- Contract end: 24 July 2022
- Stage: awarded
- Procurement category: services
- Notice ID: a1303a15-9c81-4c1e-981e-14e0787c4cd8-508979
- OCID: ocds-b5fd17-bc8bbeb3-0982-4f49-b039-0e357299a4cc

## 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 contract awards

- [Improving Data for Accessiblity](/contracts/ocds-b5fd17-e924b5f7-8ffb-43f8-a3ad-1892d83f2eba): DfTc - Department for Transport
- [TRST3090 - Secretariat for UKRLG and PIARC](/contracts/ocds-b5fd17-aa56780f-6a8c-4540-a32b-2a49e00cff62): DfTc - Department for Transport
- [Active Travel England - Learning Management System](/contracts/ocds-b5fd17-ee95a599-e4ee-4049-a4d6-3befd043eba4): DfTc - Department for Transport
- [Provision of a Financial Advisor to the Airport Capacity Programme](/contracts/ocds-b5fd17-ed801e15-e481-4866-9a3a-7eb772720b98): Crown Commercial Service
- [Further Financial Advisors Airport Capacity](/contracts/ocds-b5fd17-478c3736-adc9-11e6-9901-0019b9f3037b): THE DEPARTMENT FOR TRANSPORT

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/a1303a15-9c81-4c1e-981e-14e0787c4cd8-508979)