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Financial Advisory Services

GREAT BRITISH ENERGY - NUCLEAR

This public procurement record has 2 releases in its history.

AwardUpdate

09 Apr 2026 at 14:41

Award Notice
Award

30 Apr 2025 at 17:07

Award Notice
Summary of the contracting process

The public procurement process led by GREAT BRITISH ENERGY - NUCLEAR involved a contract titled "Financial Advisory Services", falling under the industry category of financial consultancy services. This contract pertains to services within various regions across the UK, specifically places identified by region codes UKC through UKL. The process was managed under the tender initiation, following a limited procurement method due to technical reasons. An important key date is the extension of the contract, which now ends on 30th September 2026, reflecting an amendment to accommodate additional services. This award was to Deloitte LLP and established as a call-off contract under the RM6187 Management Consultancy Framework, seeking to ensure cost-effectiveness through framework rates. The procurement stage is currently in the contract award phase, with the contract active and valued at £7,069,058, marking a recent uplift from the initial value.

Businesses, especially those specialising in financial consultancy services, can find growth opportunities by engaging with such call-off contracts which leverage comprehensive frameworks. Companies with expertise in financial modelling, evaluation criteria construction, and bid evaluation processes would be particularly well-suited to compete in this domain. The utilisation of a compliant route to market emphasises the potential for delivering value through competitive framework rates. This tender expresses commitment to delivering value for money and showcases an opportunity for enterprises to be involved in pivotal financial advisory roles in significant energy projects across various UK regions.

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Notice Information

Notice Title

Financial Advisory Services

Notice Description

Requirement to assist GBN in financial modelling and the construction of the evaluation criteria and support the bid evaluation process for the TSP.

Lot Information

Lot 1

A call off contract from RM6187 Management Consultancy Framework 3 (Lot 4 - Finance) will provides a compliant route to market, in addition to delivering value for money through the utilisation of agreed framework rates leveraging the purchasing power of CCS.

Options: There is an contract extension option of an additional 6 months.

Procurement Information

GBN intends to rely on PCR15 Regulation 32(2)(b)(ii) as competition is absent for technical reasons. Changing supplier at this stage in the project would significantly increase the risk to successful delivery of TSP, potentially incurring further delays and associated costs to the project.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050ab7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032478-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
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
Not specified
Contracts Value
£10,969,058 £10M-£100M

Notice Dates

Publication Date
9 Apr 20264 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GREAT BRITISH ENERGY - NUCLEAR
Additional Buyers

GREAT BRITISH NUCLEAR

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 2EG
Postcode Area
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Deloitte LLP

Further Information

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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