Award

UKEF Technical Advisor

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

30 Sep 2021 at 08:54

Award Notice
Award

20 Sep 2021 at 12:41

Award Notice
Summary of the contracting process

The procurement process involves the Department for International Trade (DIT) procuring a Technical Advisor for UK Export Finance (UKEF) related to the Offshore Cape Three Points project in Ghana. This tender, with the title "UKEF Technical Advisor," falls under the services industry category and uses an open procedure for procurement. The tender period concluded on 22nd July 2021, with the contract effective from 3rd September 2021, extending until 1st September 2028. The awarded contract for the selected supplier, Xodus Group Limited, amounts to £105,000 and provides for ongoing technical and commercial support throughout the project's financing duration.

This tender presents significant opportunities for consulting and analysis firms, specifically those specialising in technical and commercial advisory services in the oil and gas industries. Businesses with expertise in monitoring and reporting on reservoir and operating performance, as well as contract performance within energy markets, will find this contract aligns well with their capabilities. Small and medium enterprises (SMEs) may particularly benefit, as the procurement process is suited to their participation, contributing to the project's ongoing success and delivering potential growth through further contracts and partnerships.

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Notice Information

Notice Title

UKEF Technical Advisor

Notice Description

Department for International Trade (DIT), on behalf of UK Export Finance (UKEF), with the technical and commercial support it requires fulfilling its obligations under the finance documents with Vitol Upstream Ghana Ltd and others in respect to the secured development financing of Offshore Cape Three Points located offshore Ghana ("the Project"). Technical support will include monitoring and reporting in respect to reservoir performance and operating performance. Commercial support will include monitoring and reporting in respect to the performance of key contracts and markets to which the project is exposed. The project comprised all that is involved in the drilling completion and tie back of multiple wells to a new Floating Production Storage and Offloading vessel that was constructed in 2017. All the activities under the original scope of works have been successfully completed. Oil production started in August 2017 and Gas production from the Sankofa field in the (OCTP) Integrated Oil and Gas Project started at the end of June 2018. The TA will be provided with full access to project information available to the lenders, and will be required to highlight and advise UKEF of all material matters in relation to the Project but in particular it will advise in respect to Completion, Annual Redeterminations and, at UKEF's direction, Material Waivers. The TA is required to deliver its reports to comply with the decision-making timeline as set out in the Financial Agreements. The TA should be aware that the door-to-door tenor of the UKEF loan is 7 years with final maturity of the loan in 2028. The TA will be expected to provide a consistent level of service throughout the loan.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-24ffc676-365d-4656-b834-1f0ce0d0ab2a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7088ba3f-bec4-45e3-8213-9adc482eacbf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

76 - Services related to the oil and gas industry

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

71621000 - Technical analysis or consultancy services

76100000 - Professional services for the gas industry

76200000 - Professional services for the oil industry

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£105,000 £100K-£500K
Lots Value
Not specified
Awards Value
£105,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20214 years ago
Submission Deadline
22 Jul 2021Expired
Future Notice Date
Not specified
Award Date
2 Sep 20214 years ago
Contract Period
2 Sep 2021 - 1 Sep 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

XODUS GROUP

Further Information

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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