Award

External Financial Advisors 2025

DESNZ

This public procurement record has 8 releases in its history.

AwardUpdate

03 Dec 2025 at 12:11

AwardUpdate

03 Dec 2025 at 11:13

AwardUpdate

03 Dec 2025 at 11:12

AwardUpdate

03 Dec 2025 at 11:10

AwardUpdate

03 Dec 2025 at 10:17

AwardUpdate

03 Dec 2025 at 10:15

AwardUpdate

03 Dec 2025 at 09:45

Award

11 Nov 2025 at 16:06

Summary of the contracting process

The procurement process titled "External Financial Advisors 2025" was initiated and completed by the Department for Energy Security and Net Zero (DESNZ), based in Salford, England. The contract involves providing financial consultancy services, specifically reviewing financial details and indemnity proposals. The procurement was conducted as a direct award, with a total value of £75,000. The contract covers various regions, including the British Overseas Territories, Channel Islands, Europe, the Isle of Man, the United Kingdom, and the Rest of the World. The tender period concluded on 31 October 2025, and the contract is set to run from 3 November 2025 to 2 February 2026. The procurement stage is at the award update, as evidenced by recent updates on 3 December 2025.

This tender presents opportunities for growth in the financial consultancy sector, particularly for small and medium enterprises (SMEs), as the procurement is deemed suitable for such organisations. Although the contract was directly awarded to KROLL ADVISORY LTD, it underscores the potential for financial advisors with expertise in consultancy services to engage with DESNZ, enhancing credentials in public service contracts and establishing relations with a significant governmental authority. Businesses with capabilities in detailed financial review and indemnity assessments across varied locations could thrive in similar opportunities. Such engagements fortify professional portfolios and expand market reach, which is crucial for business growth in the competitive landscape of public administration services.

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Notice Title

External Financial Advisors 2025

Notice Description

Work to review financial detail and proposed indemnity presented to DESNZ.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be96a8f8-a36f-4e6d-9f7e-173794d6fe75
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d9a9c6fa-b80c-4631-bf24-887803872517
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
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
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20252 months ago
Submission Deadline
31 Oct 2025Expired
Future Notice Date
Not specified
Award Date
31 Oct 20253 months ago
Contract Period
3 Nov 2025 - 2 Feb 2026 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
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

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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