Award

Technical advisers in relation to the development of new nuclear projects in the UK.

DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS)

This public procurement record has 1 release in its history.

Award

17 Feb 2018 at 11:03

Summary of the contracting process

The procurement process involves the Department for Business, Energy and Industrial Strategy (BEIS) seeking technical advisers for new nuclear projects in the UK. This tender is titled "Technical advisers in relation to the development of new nuclear projects in the UK" and falls under the advisory and consultative engineering services sector. The procurement method used is an open procedure. The tender period concluded on 20 December 2017, while the contract is set to commence on 14 February 2018 and will run until 15 October 2021. The estimated value of the contract is £3,500,000.

This tender presents significant business growth opportunities for firms specialising in advisory and consultancy services, particularly those with expertise in nuclear project development and financing strategies. Companies that can demonstrate knowledge in risk management and cost assessment related to large-scale nuclear projects would be well-positioned to compete effectively for this contract. Small and medium enterprises (SMEs) are encouraged to participate, leveraging their agility and specific expertise in this niche sector.

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Notice Title

Technical advisers in relation to the development of new nuclear projects in the UK.

Notice Description

BEIS are seeking to appoint technical advisers in relation to the development of new nuclear projects in the UK. Nuclear power is a key element of the electricity mix in the UK and there are a number in the pipeline, including but not constrained to proposed new nuclear projects at Wylfa, Newydd and Moorside, being developed by Horizon and NuGen. The successful candidates will be able to demonstrate knowledge and understanding in relation to the *Challenges and solutions to developing large scale nuclear projects - including risk allocation, financing considerations and liability management. *Assessment of risk allocation and costs required to attract different financing sources. *Consideration of potential commercial structures to deliver risk allocation required to attract adequate investment within acceptable bounds from an energy consumer perspective. Please see the further information in this advertisement and also the accompanying ITT.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-746ec2d1-8b0b-429c-a5f1-536b42403277
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5356f103-1dd8-4b17-91c4-0972632a29a1
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
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71318000 - Advisory and consultative engineering services

Notice Value(s)

Tender Value
£3,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Feb 20188 years ago
Submission Deadline
20 Dec 2017Expired
Future Notice Date
Not specified
Award Date
20 Dec 20178 years ago
Contract Period
14 Feb 2018 - 15 Oct 2021 3-4 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
DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS)
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
SW1H 0ET
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

ARUP CORPORATE FINANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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