This public procurement record has 2 releases in its history.

AwardUpdate

12 Jun 2026 at 12:43

Award

28 May 2026 at 14:11

Summary of the contracting process

Great British Energy (GBE), based in Aberdeen, Scotland, has completed its procurement process titled "Great British Energy Commercial & Financial Due Diligence Advisors 2026-2029." This contract focuses on financial consultancy services within the energy sector, supporting GBE's future investments and partnerships. The procurement occurred through the Government Commercial Agency’s Management Consultancy Framework 4, Lot 4 (Finance), using a selective call-off from a framework agreement. The contract commenced on 1st May 2026 and will run until 30th April 2029, with an allocated budget of £10 million. GBE has awarded contracts to PricewaterhouseCoopers LLP, Deloitte LLP, and Ernst & Young LLP, each potentially sharing the programme’s budget based on requirements.

This tender offers expansive opportunities for large consultancy firms with expertise in financial, commercial, and technical due diligence. Companies capable of managing complex energy-related projects are well-suited to support GBE in assessing potential investments and partnerships. By partaking in this tender, businesses can align themselves with strategic national energy initiatives, expanding their footprint across the UK, Europe, and beyond. As the programme includes various regions, businesses with a broad geographical presence and experience in large-scale consultancy projects are ideally positioned to benefit from this opportunity.

How relevant is this notice?

Notice Title

Great British Energy Commercial & Financial Due Diligence Advisors 2026-2029

Notice Description

Great British Energy is sourcing Suppliers to deliver its commercial, financial and management due diligence requirements for the next three years on those projects GBE intends to investigate further for potential investment, funding and or Partnership with. Three contracts were awarded under this contract for Supplier A (PriceWaterhouseCoopers), Supplier B (Deloitte LLP) and Supplier C (Ernst & Young LLP). Tiered contracts were placed in order to manage any conflict of interest of resourcing issues which Suppliers may have which may prevent them undertaking a commission. The GBE due diligence programme includes Commercial Financial and Management due diligence as well as Technical due diligence. The programme is PS10m ex VAT in total. Each of these contracts has a contract value of up to PS10m, but will each share a proportion of the programme budget as required. This was procured through the Government Commercial Agency's Management Consultancy Framework 4, Lot 4 (Finance). Additional information: Redacted contracts

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ffb2b279-84ad-4b77-88e1-2f5270a2f1bb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f7569591-152f-4224-9924-7739741e1eec
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66171000 - Financial consultancy services

71314000 - Energy and related services

79212100 - Financial auditing services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£10,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£10,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jun 20261 months ago
Submission Deadline
27 Feb 2026Expired
Future Notice Date
Not specified
Award Date
30 Apr 20263 months ago
Contract Period
30 Apr 2026 - 30 Apr 2029 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
GREAT BRITISH ENERGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ABERDEEN
Postcode
AB10 1BJ
Post Town
Aberdeen
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM5 North Eastern Scotland
Small Region (ITL 3)
TLM50 Aberdeen City and Aberdeenshire
Delivery Location
Not specified

Local Authority
Aberdeen City
Electoral Ward
Midstocket/Rosemount
Westminster Constituency
Aberdeen South

Supplier Information

Number of Suppliers
3
Supplier Names

DELOITTE

ERNST & YOUNG

PRICEWATERHOUSECOOPERS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-ffb2b279-84ad-4b77-88e1-2f5270a2f1bb-2026-06-12T13:43:27+01:00",
    "date": "2026-06-12T13:43:27+01:00",
    "ocid": "ocds-b5fd17-ffb2b279-84ad-4b77-88e1-2f5270a2f1bb",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_515166/1575791",
        "title": "Great British Energy Commercial & Financial Due Diligence Advisors 2026-2029",
        "description": "Great British Energy is sourcing Suppliers to deliver its commercial, financial and management due diligence requirements for the next three years on those projects GBE intends to investigate further for potential investment, funding and or Partnership with. Three contracts were awarded under this contract for Supplier A (PriceWaterhouseCoopers), Supplier B (Deloitte LLP) and Supplier C (Ernst & Young LLP). Tiered contracts were placed in order to manage any conflict of interest of resourcing issues which Suppliers may have which may prevent them undertaking a commission. The GBE due diligence programme includes Commercial Financial and Management due diligence as well as Technical due diligence. The programme is PS10m ex VAT in total. Each of these contracts has a contract value of up to PS10m, but will each share a proportion of the programme budget as required. This was procured through the Government Commercial Agency's Management Consultancy Framework 4, Lot 4 (Finance). Additional information: Redacted contracts",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "additionalClassifications": [
            {
                "id": "71314000",
                "scheme": "CPV",
                "description": "Energy and related services"
            },
            {
                "id": "79212100",
                "scheme": "CPV",
                "description": "Financial auditing services"
            },
            {
                "id": "79412000",
                "scheme": "CPV",
                "description": "Financial management consultancy services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "AB10 1BJ"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "AB10 1BJ"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 10000000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2026-02-27T13:05:00Z"
        },
        "contractPeriod": {
            "startDate": "2026-05-01T00:00:00+01:00",
            "endDate": "2029-04-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-331798",
            "name": "Great British Energy",
            "identifier": {
                "legalName": "Great British Energy"
            },
            "address": {
                "streetAddress": "Great British Energy, AB1 Building Crimon Place",
                "locality": "Aberdeen",
                "postalCode": "AB10 1BJ",
                "countryName": "Scotland"
            },
            "contactPoint": {
                "email": "matthew.bird@energysecurity.gov.uk"
            },
            "details": {
                "url": "https://www.gbe.gov.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC303525",
            "name": "PricewaterhouseCoopers LLP",
            "identifier": {
                "legalName": "PricewaterhouseCoopers LLP",
                "scheme": "GB-COH",
                "id": "OC303525"
            },
            "address": {
                "streetAddress": "1 Embankment Place, London, WC2N 6RH"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC303675",
            "name": "Deloitte LLP",
            "identifier": {
                "legalName": "Deloitte LLP",
                "scheme": "GB-COH",
                "id": "OC303675"
            },
            "address": {
                "streetAddress": "1 New Street Square, London EC4A 3HQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC300001",
            "name": "Ernst & Young LLP",
            "identifier": {
                "legalName": "Ernst & Young LLP",
                "scheme": "GB-COH",
                "id": "OC300001"
            },
            "address": {
                "streetAddress": "1 More London, London, SE1 2AF"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-331798",
        "name": "Great British Energy"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-ffb2b279-84ad-4b77-88e1-2f5270a2f1bb-1",
            "status": "active",
            "date": "2026-05-01T00:00:00+01:00",
            "datePublished": "2026-05-28T15:11:02+01:00",
            "value": {
                "amount": 10000000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC303525",
                    "name": "PricewaterhouseCoopers LLP"
                },
                {
                    "id": "GB-COH-OC303675",
                    "name": "Deloitte LLP"
                },
                {
                    "id": "GB-COH-OC300001",
                    "name": "Ernst & Young LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-05-01T00:00:00+01:00",
                "endDate": "2029-04-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/f7569591-152f-4224-9924-7739741e1eec",
                    "datePublished": "2026-05-28T15:11:02+01:00",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2026-06-12T13:43:27+01:00"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/937f51c3-9a30-421c-a8c9-9a0feb057dd9",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/6fae9353-8e73-45ea-94a6-223cb10225fc",
                    "format": "application/pdf"
                },
                {
                    "id": "4",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/8cee6320-7976-4267-8a2c-050530165f2e",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}