Award

Project Trent - External Financial Advisors

DESNZ

This public procurement record has 1 release in its history.

Award

11 Dec 2024 at 14:33

Award Notice
Summary of the contracting process

The Department for Energy Security and Net Zero (DESNZ) has completed the tender process for "Project Trent - External Financial Advisors" under the financial consultancy services category. This selective procurement via a call-off from a framework agreement aims to review the financial details and indemnity period proposed to DESNZ. The procurement stage is currently at the Award stage, with the contract having been awarded on 27th November 2024 and the contract period running from 29th November 2024 to 1st March 2025. This engagement covers a wide range of locations, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the rest of the world, and the United Kingdom.

This tender offers significant growth opportunities for businesses providing financial consultancy services, particularly those specialising in reviewing financial details and indemnity matters. The opportunity is particularly suitable for small and medium-sized enterprises (SMEs) due to the specific suitability criteria mentioned. Large enterprises, like Kroll Advisory Ltd, which secured the contract valued at £70,000, may also find such tenders profitable. The involvement in such critical advisory roles for governmental departments can enhance the business's portfolio and potentially lead to further government contracts.

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Notice Information

Notice Title

Project Trent - External Financial Advisors

Notice Description

Work to review financial detail and proposed length of the indemnity presented to DESNZ.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3b216cf5-7a72-4cbf-bbf8-5dab7bae63ca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ec2af17f-42fe-44ed-8d66-9f6ee671aaf0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£70,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20241 years ago
Submission Deadline
27 Nov 2024Expired
Future Notice Date
Not specified
Award Date
27 Nov 20241 years ago
Contract Period
29 Nov 2024 - 1 Mar 2025 1-6 months
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
DESNZ
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M3 5BS
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified
Local Authority
Salford
Electoral Ward
Blackfriars & Trinity
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

KROLL ADVISORY

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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