Carbon Capture Usage and Storage (CCUS) Financial Advisory Support

DESNZ

This public procurement record has 1 release in its history.

Award

15 Jun 2026 at 15:02

Summary of the contracting process

The procurement process for "Carbon Capture Usage and Storage (CCUS) Financial Advisory Support" was conducted by the Department for Energy Security and Net Zero (DESNZ) in the United Kingdom. This initiative falls under the financial consultancy services category, with the procurement method being a call-off from a framework agreement, on a selective basis. Major locations include British Oversea Territories, Channel Islands, and the United Kingdom among others. The procurement has progressed to the award stage, with the contract period running from 8th June 2026 to 7th June 2030. Key milestones include the tender closing on 27th May 2026 and the award published on 15th June 2026. The allocated budget for this service amounts to £15,000,000.

This procurement provides a substantial business growth opportunity for large-scale consultancy firms with expertise in financial advisory services, particularly those adept at supporting programmes like Carbon Capture Usage and Storage (CCUS). The size of the contract and duration offers a stable and significant revenue stream over four years. While this specific tender was awarded to ERNST & YOUNG LLP and DELOITTE LLP, businesses operating at this scale and involved in financial consultancy services, particularly those capable of operating across various geographical regions including Europe and the Rest of the World, would have found this opportunity well-suited to their capabilities.

How relevant is this notice?

Notice Title

Carbon Capture Usage and Storage (CCUS) Financial Advisory Support

Notice Description

This service will provide financial advisory support to the Carbon Capture Usage and Storage (CCUS) programme.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-725f179f-5406-40a6-9645-9d0b16e17f7e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0c8b826-f398-4492-8ae0-b25c77d828e1
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

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£15,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£15,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jun 20261 weeks ago
Submission Deadline
27 May 2026Expired
Future Notice Date
Not specified
Award Date
26 May 20261 months ago
Contract Period
7 Jun 2026 - 7 Jun 2030 4-5 years
Recurrence
Not specified

Notice Status

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

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
LONDON
Postcode
SW1A 2EG
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
2
Supplier Names

DELOITTE

ERNST & YOUNG

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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