Award

Great British Energy Technical Due Diligence Advisors 2026-2029

GREAT BRITISH ENERGY

This public procurement record has 1 release in its history.

Award

28 May 2026 at 14:11

Summary of the contracting process

Great British Energy has completed the award stage of its procurement process for the "Great British Energy Technical Due Diligence Advisors 2026-2029" project. This initiative aims to secure suppliers for commercial, financial, and management due diligence requirements, specifically for investments, funding, or partnerships. The contracts, valued up to £10 million each for a total programme budget of £10 million excluding VAT, were awarded to PricewaterhouseCoopers LLP, Deloitte LLP, and Ernst & Young LLP. The procurement was conducted through a selective method as a call-off from the Government Commercial Agency's Management Consultancy Framework 4, Lot 4 (Finance). The contract commenced on 1st May 2026 and will conclude on 30th April 2029, encompassing locations that include British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The industry category covered is primarily financial consultancy services, with additional classifications in energy-related services.

This tender offers significant business opportunities for large-scale consultancy firms specialising in financial and management services, especially those adept in handling extensive due diligence processes. The tiered nature of the contracts ensures firms can manage conflicts of interest or resource constraints efficiently. Businesses that can deliver robust financial consultancy and auditing services, with a keen focus on energy markets, will find this project particularly appealing. Engaging in this project can pave the way for substantial growth through enhanced service delivery and establishment of long-term partnerships with a key player in the energy sector, Great British Energy.

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Notice Title

Great British Energy Technical 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
28 May 20261 weeks ago
Submission Deadline
27 Feb 2026Expired
Future Notice Date
Not specified
Award Date
30 Apr 20261 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)

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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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