Award

External Financial Advisory Support for Existing Nuclear Projects

DESNZ

This public procurement record has 1 release in its history.

Award

13 Jun 2025 at 12:58

Summary of the contracting process

The procurement process involves a contract for external financial advisory support for existing nuclear projects, specifically the long-term operation of Sizewell B. The buying organisation, DESNZ, is based in London and has awarded the contract to PA Consulting Group Limited. This tender, classified under financial consultancy services (CPV code 66171000), was executed through a selective procurement method as a call-off from a framework agreement (CCS Framework RM6187 Lot 4), adhering to the Public Contracts Regulations 2015. The procurement stage is currently at the award stage with the contract active from 10th June 2025 to 31st March 2026, and the total contract value can reach up to £1,500,000 including possible extensions. The services are to be delivered across multiple locations including the UK and other regions globally.

This tender presents significant opportunities for businesses specialising in financial consultancy services, particularly those equipped to handle large-scale, complex energy projects such as those involving nuclear operations. Small to medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are deemed suitable for this opportunity, indicating an inclusive procurement approach that encourages diverse industry participation. Organisations capable of navigating the requirements of framework agreements and providing specialized advisory support in the energy sector would be well-placed to benefit from participating in similar future opportunities.

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Notice Title

External Financial Advisory Support for Existing Nuclear Projects

Notice Description

This contract is awarded for financial services for DESNZ in relation to the long-term operation of Sizewell B. The value for this contract is exclusive of two optional 6 month extensions up to 31/03/2027 and up to a total contract value of PS1,500,000 including extensions. This opportunity was procured via a mini-competition from CCS Framework RM6187 Lot 4 under the Public Contracts Regulations 2015.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c281e9f5-885f-4d95-a073-da007877cb04
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/da4942ba-4cae-40a2-8873-124f7ff74db8
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
SME, VCSE
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
Not specified
Lots Value
Not specified
Awards Value
£1,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jun 20258 months ago
Submission Deadline
23 Apr 2025Expired
Future Notice Date
Not specified
Award Date
9 Jun 20258 months ago
Contract Period
9 Jun 2025 - 31 Mar 2026 6-12 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
LONDON
Postcode
SW1A 2AW
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

PA CONSULTING GROUP

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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