Award

External Financial Advisors 2025 (April)

DESNZ

This public procurement record has 3 releases in its history.

AwardUpdate

03 Dec 2025 at 10:47

AwardUpdate

04 Apr 2025 at 14:29

Award

04 Apr 2025 at 14:27

Summary of the contracting process

The procurement process for the project titled "Project Trent- External Financial Advisors 2025" has reached the award stage, conducted by the Department for Energy Security and Net Zero (DESNZ) in England. The tender falls under the financial consultancy services category and is aimed at reviewing financial details and proposed indemnity. DESNZ, located in Salford, England, undertook the procurement through a direct award method, finalising the process with an agreement on 4th April 2025, for a contract period running from 4th April to 3rd August 2025. This tender involves service delivery across diverse regions, including the United Kingdom, European territories, and further afield globally.

This contract presents substantial growth opportunities for businesses specialising in financial consultancy services, particularly small and medium-sized enterprises, which are highlighted as suitable candidates. The direct award approach allows for streamlined participation, and any business with expertise in financial advisory could find this tender promising for fostering client relations and expanding their service footprint internationally. The awarded contract, valued at £75,000, has been successfully secured by KROLL ADVISORY LTD, a large-scale supplier based in London, demonstrating the relevance for established, yet agile service providers within the financial consultancy sphere.

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Notice Title

External Financial Advisors 2025 (April)

Notice Description

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

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da460c85-3b70-40d0-b6b5-e1422ac33c80
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bbaaeb2b-2d25-47b8-b922-ea27e337a9e5
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
Not specified
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
3 Apr 2025Expired
Future Notice Date
Not specified
Award Date
2 Apr 202510 months ago
Contract Period
3 Apr 2025 - 3 Aug 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
DESNZ
Contact Name
Waseem Rana
Contact Email
waseem.rana@energysecurity.gov.uk
Contact Phone
Not specified

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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