Advisory Support for DfT-TfL COVID-19 Financial Recovery and Funding Agreements
Awarded 08 Aug 2021
About
DfTc - Department for Transport awarded a contract to KPMG LLP for external advisory support providing complex and highly specialised financial, commercial and technical advice to help understand and address the ongoing impact of the COVID-19 pandemic on Transport for London's operations and financial standing.
The supplier assisted with the implementation and future negotiation of extraordinary funding and financing agreements between the Secretary of State for Transport and TfL to support TfL's post-pandemic recovery and transition to financial sustainability.
The contract value was £4,000,000.
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