Procurement

Lower Thames Crossing- Strategic Sale Advisor

  • Department for Transport

Procurement identifier (OCID): ocds-h6vhtk-059057

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 intends to contract 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.

Notices

UK1: Pipeline notice

Notice identifier
2025/S 000-057417
Published
17 September 2025, 3:20pm
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UK2: Preliminary market engagement notice

Notice identifier
2025/S 000-052417
Published
29 August 2025, 12:13pm