Stagecoach approached AMC to provide expert, short term cover to compliment their existing bid team on the development of a number of Rail Franchise bids in 2017/18, during a particularly busy period in the rail industry, at a time when complex changes were discussed and made to the structure of rail franchising, at the highest levels in the Department for Transport, Private Operators and the Regulator.
We were contracted initially to develop complex financial model, which would collate all cost information required for one of their rail franchise bids, to the financial and technical specification included in the Tender requirements (ITT).
In addition to providing the above service, we were also able to provide additional support including financial management of and costing of several sub areas of the overall bid. We also provided an overall model control and review process in order to ensure that the bid modelling suite was fit for purpose and was submitted in good time for best practice reviews and model audit.
Providing Stagecoach with this support in a critical time of need, enabled them to continue to direct existing staff to other critical services and ensured that the necessary detailed due diligence was carried out on each of the bid proposals. Compliant bids were submitted and detailed due diligence was carried out on each of the financial models developed, in order to reduce the risk and maximise the return of future potential franchises.
Stagecoach has contracted us on 4 separate bid projects and we very much hope to support them in the future on any future business development within the transport sector.
