--- title: "Financial Advisor for Project Divestment" ocid: "ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709.json" source: "Contracts Finder" current_stage: "Award" buyer: "WAVE HUB LIMITED" published: "2020-10-20" --- # Financial Advisor for Project Divestment Buyer: WAVE HUB LIMITED Current stage: Award OCID: ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709.json) ## Summary Wave Hub Ltd, located in Hayle, England, has announced a procurement process for a contract titled "Financial Advisor for Project Divestment." This tender aims to identify a qualified financial advisor to assist with the divestment of the floating offshore wind project located at the Wave Hub site in Cornwall. The tender was published on 24 March 2020, with the deadline for submissions set for 17:00 on 13 April 2020. The procurement employs an open procedure below the threshold and falls within the energy and related services category. This contract presents significant opportunities for businesses, particularly those specialising in financial advisory services, research and development, and consultancy within the energy sector. Small and medium-sized enterprises (SMEs) are encouraged to apply, given their suitability for this type of contract. Winning this tender could provide a valuable opportunity for firms to expand their expertise in renewable energy projects and build a relationship with a key player in the offshore wind industry. ## Notice Wave Hub Ltd is seeking a suitably qualified and experienced financial advisor to support us in divesting the floating offshore wind project at Wave Hub site in Cornwall. The requirements for the Tender Return are detailed within the Invitation To Tender, which is available: * By emailing Jeanette.Radcliffe@wavehub.co.uk The deadline for tenders is 17:00 on Thursday 13th April 2020. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e64032e6-6914-462a-bdf6-d52a0b9c4d6f | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Oct 2020 | | Submission deadline | 13 Apr 2020 | | Future notice date | Not specified | | Award date | 30 Jul 2020 | | Contract period | 30 Jul 2020 - 31 Oct 2020 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £170,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WAVE HUB LIMITED | | Locality | HAYLE | | Post town | Truro | | Postcode | TR27 4DD | | Country | England | | ITL 1 | TLK South West (England) | | ITL 2 | TLK3 Cornwall and Isles of Scilly | | ITL 3 | TLK30 Cornwall and Isles of Scilly | | Local authority | Cornwall | | Electoral ward | Gwinear-Gwithian & Hayle East | | Westminster constituency | Camborne and Redruth | | Delivery location | TLK South West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | KPMG | ## CPV Codes ### Divisions - 71 - Architectural, construction, engineering and inspection services - 73 - Research and development services and related consultancy services ### Codes - 71314000 - Energy and related services - 73000000 - Research and development services and related consultancy services ## Release History - 20 Oct 2020 at 10:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e64032e6-6914-462a-bdf6-d52a0b9c4d6f - 3 Apr 2020 at 13:14 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad - 1 Apr 2020 at 13:48 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad - 25 Mar 2020 at 16:13 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad - 25 Mar 2020 at 08:27 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad - 24 Mar 2020 at 14:30 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad - 24 Mar 2020 at 13:25 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad ## Documents - https://www.contractsfinder.service.gov.uk/Notice/e64032e6-6914-462a-bdf6-d52a0b9c4d6f 20th October 2020 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/230965a6-77dd-4db5-9a3d-05728173e2ad 3rd April 2020 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/1c2379ba-a838-44ab-adc0-1f8f9d8f1fde - https://www.contractsfinder.service.gov.uk/Notice/Attachment/13f4e42d-d6a7-4ca0-aeac-856bb594f6ac - https://www.wavehub.co.uk/about-us/tender-opportunities-1-1 Invitation To Tender - https://www.contractsfinder.service.gov.uk/Notice/Attachment/10e1d909-4e03-47b4-aa26-8e8dae07c087 Standard Terms and Conditions - https://www.contractsfinder.service.gov.uk/Notice/Attachment/3575bb3b-2807-4045-9090-2c2c3a3f41cf ITT - https://www.wavehub.co.uk/about-us/tender-opportunities-1-1-1 Tender Opportunities - https://www.contractsfinder.service.gov.uk/Notice/Attachment/3ca05502-6bea-4699-8351-1d8c0c81da8e ITT Financial Advisors Revised Dates - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2cd20551-2522-4df8-b1f0-36c10af89393 ITT Clarifications ## Notice URLs - http://www.wavehub.co.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3cf69d99-f871-45b5-a6e7-b3b5d4813709.json.