Award

British Steel Ltd - Full Advisory Management Support Services

DEPARTMENT FOR BUSINESS AND TRADE

This public procurement record has 1 release in its history.

Award

11 Jun 2025 at 07:29

Summary of the contracting process

The Department for Business and Trade (DBT), based in London, completed a procurement process for "Full Advisory Management Support Services" for British Steel Ltd. This contract was specifically targeting the provision of services within the miscellaneous business-related services sector. The procurement was undertaken as a direct award through the Crown Commercial Services RM6269 Restructuring and Insolvency Services Framework. Ernst & Young LLP, a large-scale supplier located in London, was awarded the contract worth £25,000,000. The contract period commenced on 13 May 2025 and will conclude on 12 August 2025, covering various global locations, including the UK and Europe. The procurement process was selective and conducted as a call-off from a framework agreement.

This tender presents significant opportunities for businesses offering large-scale consultancy and advisory services, particularly those capable of providing comprehensive management support in restructuring and insolvency scenarios. While the direct award under the framework limited competitive bidding, businesses of substantial size and resources, capable of navigating complex financial arrangements, would find similar opportunities advantageous for growth. Engaging in collaborations like this can enhance a firm's portfolio and establish credibility within public sector contracts, particularly for those targeting organisational transformation projects.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

British Steel Ltd - Full Advisory Management Support Services

Notice Description

This procurement was a direct award under the Crown Commercial Services RM6269 Restructuring and Insolvency Services Framework. The Department for Business and Trade (DBT) has purchased full advisory management support services to facilitate the continued operations of British Steel Limited.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6bc5a5f3-238a-411b-b184-b0ddec897868
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/08a90b4b-8be1-46e1-a451-f86c9028efaf
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79990000 - Miscellaneous business-related services

Notice Value(s)

Tender Value
£25,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£25,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jun 20258 months ago
Submission Deadline
11 May 2025Expired
Future Notice Date
Not specified
Award Date
12 May 20259 months ago
Contract Period
12 May 2025 - 12 Aug 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS AND 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

ERNST & YOUNG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-6bc5a5f3-238a-411b-b184-b0ddec897868-2025-06-11T08:29:14+01:00",
    "date": "2025-06-11T08:29:14+01:00",
    "ocid": "ocds-b5fd17-6bc5a5f3-238a-411b-b184-b0ddec897868",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_489896/1480799",
        "title": "British Steel Ltd - Full Advisory Management Support Services",
        "description": "This procurement was a direct award under the Crown Commercial Services RM6269 Restructuring and Insolvency Services Framework. The Department for Business and Trade (DBT) has purchased full advisory management support services to facilitate the continued operations of British Steel Limited.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79990000",
            "description": "Miscellaneous business-related services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 25000000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-05-12T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-05-13T00:00:00+01:00",
            "endDate": "2025-08-12T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-307847",
            "name": "Department for Business and Trade",
            "identifier": {
                "legalName": "Department for Business and Trade"
            },
            "address": {
                "streetAddress": "Old Admiralty Building, Admiralty Place",
                "locality": "London",
                "postalCode": "SW1A 2DY",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "CommercialResearchandConsultancy@businessandtrade.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC300001",
            "name": "ERNST & YOUNG LLP",
            "identifier": {
                "legalName": "ERNST & YOUNG LLP",
                "scheme": "GB-COH",
                "id": "OC300001"
            },
            "address": {
                "streetAddress": "1 More London Place, London, SE1 2AF"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-307847",
        "name": "Department for Business and Trade"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-6bc5a5f3-238a-411b-b184-b0ddec897868-1",
            "status": "active",
            "date": "2025-05-13T00:00:00+01:00",
            "datePublished": "2025-06-11T08:29:14+01:00",
            "value": {
                "amount": 25000000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC300001",
                    "name": "ERNST & YOUNG LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-05-13T00:00:00+01:00",
                "endDate": "2025-08-12T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/08a90b4b-8be1-46e1-a451-f86c9028efaf",
                    "datePublished": "2025-06-11T08:29:14+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}