Award

Grant Funding Application Due Diligence Review

DEPARTMENT FOR BUSINESS AND TRADE

This public procurement record has 1 release in its history.

Award

05 Nov 2025 at 12:32

Summary of the contracting process

The procurement process conducted by the Department for Business and Trade (DBT) involves a service contract for a "Grant Funding Application Due Diligence Review". This consultancy project is designed to assess the necessity for funding, potential cost savings, and the overall viability of projects filed by grant applicants. The procurement falls under the business and management consultancy industry category, with a classification code of 79400000. The contracting process has been completed, having transitioned to the award stage. This single tender action, valued at £166,666.67, was secured by PriceWaterhouseCoopers LLP. The contract commenced on 17th October 2025 and will conclude on 28th November 2025. The contract has a broad delivery range, covering the United Kingdom, the British Overseas Territories, and further afield.

This tender provides significant opportunities for businesses involved in the consultancy and advisory sectors, particularly those with expertise in conducting high-level due diligence reviews for government bodies. Although the procurement process used a direct method under a single tender action due to its below-threshold value, similar opportunities might arise as the Department for Business and Trade regularly requires services to evaluate the efficiency and impact of public spending. Given its geographical scope and potential cost-saving implications for the government, such tenders can position businesses as experts in consultancy for governmental fiscal projects, offering visibility and reputation enhancement in public sector contracts.

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Notice Title

Grant Funding Application Due Diligence Review

Notice Description

The Department for Business and Trade (DBT) has purchased consultancy services to conduct a due diligence review of projects put forward by a grant funding applicant, assessing necessity for funding, potential cost savings, project viability and an overview of value and benefits per project.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-77ce728e-05a0-41e2-99e1-b6a2a8d36cc1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/822ad38b-aaeb-4c4a-95fc-ab5b9d5165b0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£166,666 £100K-£500K
Lots Value
Not specified
Awards Value
£166,666 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20253 months ago
Submission Deadline
15 Oct 2025Expired
Future Notice Date
Not specified
Award Date
16 Oct 20254 months ago
Contract Period
16 Oct 2025 - 28 Nov 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
Not specified
Contact Email
commercialresearchandconsultancy@businessandtrade.gov.uk
Contact Phone
Not specified

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

PRICEWATERHOUSECOOPERS

Further Information

Notice Documents

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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