Lower Thames Crossing- Strategic Sale Advisor

Department for Transport
London
Open procedure
7 January 2026 to 31 December 2027

The contract involves acting as a Strategic Sale Advisor for the Lower Thames Crossing Co, responsible for leading the equity sale of the project and the Dartford Crossing to private investors. Key tasks include capital markets advisory, market engagement, investor outreach, credit rating processes, and transaction finalisation. The advisor operates in an advisory capacity only, supporting the Department for Transport and National Highways as transaction principals, with potential requirements to assist in arranging stapled-debt financing solutions.

Open the official notice

Awarded value: £20m; As published
Published: 29 August 2025; Find a Tender
Awarded: 6 January 2026; Lazard & Co., Limited
Contract length: 24 months; Ends 31 December 2027

What the buyer is asking for

Provision of strategic financial advisory services for large-scale infrastructure asset sales, including capital markets advisory and investor outreach.

Lifecycle

Publishedon Find a Tender
29 August 2025
Contract awardedto Lazard & Co., Limited
6 January 2026
Contract starts
7 January 2026
Contract ends
31 December 2027

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The buyer

Type: Other public body
Transaction advisory contracts, 24 months: 17
Open transaction advisory tenders: 1
Typical transaction advisory contract: £112k

See everything Department for Transport buys →

How it compares

127× the typical transaction advisory contract (£158k).

Cite this contract

Link: https://bidskim.com/tender/326450/lower-thames-crossing-strategic-sale-advisor
Buyer reference: TRCF3099
Open contracting ID: ocds-h6vhtk-059057
Source: Find a Tender
Last checked: 12 October 2026

Department for Transport. Lower Thames Crossing- Strategic Sale Advisor. Contract award, 29 August 2025. BidSkim, https://bidskim.com/tender/326450/lower-thames-crossing-strategic-sale-advisor (accessed 12 October 2026).