Award

PROVISION OF A KYC DUE DILIGENCE SERVICE

LOW CARBON CONTRACTS COMPANY LTD

This public procurement record has 1 release in its history.

Award

27 Aug 2025 at 13:05

UK6 - Contract Award Notice
Summary of the contracting process

The Low Carbon Contracts Company Ltd, a public authority under central government in the United Kingdom, awarded a contract for the provision of a KYC due diligence service. The procurement process involved limited competition and was centred around services within the corporate governance rating industry (CPV 79212110). This contract, awarded to PricewaterhouseCoopers LLP (PwC) on 20 May 2025, spans from 28 August 2025 to 17 August 2028, with potential renewals extending up to 17 August 2030. The work will be carried out in London, focusing on searches across worldwide AML databases, to assess the risks associated with entering contracts with energy generators and producers. The process was tagged as complete within the tender phase as of 27 August 2025.

This tender presents growth opportunities for large service-oriented firms, especially those with expertise in corporate governance and risk management. Businesses with the capacity for comprehensive due diligence services within the energy sector are well-suited to compete for similar contracts in the future. The partnership with PwC highlights the significance and potential scale of engagement possible for firms capable of operating within strict procurement conditions and delivering robust risk management solutions for government-related energy contracts.

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Notice Information

Notice Title

PROVISION OF A KYC DUE DILIGENCE SERVICE

Notice Description

To carry out searches across worldwide AML databases following the input of company, UBO and directorship information. The purpose of the due diligence is to ensure LCCC understands the reputational and financial risks of entering into contract with energy generators and producers who have gained a Contract for Difference (CfD) or any other contract LCCC is counterparty to To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=976164841

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058e9b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/051613-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212110 - Corporate governance rating services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£401,294 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Aug 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 May 20259 months ago
Contract Period
27 Aug 2025 - 17 Aug 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LOW CARBON CONTRACTS COMPANY LTD
Contact Name
Andy Skinner
Contact Email
andy.skinner@lowcarboncontracts.uk
Contact Phone
02072118205

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS LLP (PWC

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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