---
title: "CCUS Development: Corporate Finance Advisors"
ocid: "ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2020-05-26"
---

# CCUS Development: Corporate Finance Advisors

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570.json)

## Summary

The Business Energy and Industrial Strategy (BEIS) is seeking to appoint financial advisors for the development of carbon capture, usage, and storage (CCUS) within the UK. This tender, titled "CCUS Development: Corporate Finance Advisors", falls under the financial consultancy services industry category and has a contract value of £3,000,000. The procurement process was conducted using a selective method, specifically through a call-off from a framework agreement, with the tender period concluding on 4th March 2020. The contract runs from 5th May 2020 to 29th April 2022 and is situated in the United Kingdom.

This contract presents substantial opportunities for businesses specialising in financial consultancy and management services to grow, particularly for SMEs and VCSEs. Companies that can provide commercial and financial advisory support, as well as those capable of engaging with CCUS projects and developers, would be well-positioned to compete for such contracts. The focus on creating a viable CCUS work programme highlights the ongoing investment in sustainable technologies within the energy sector, offering a promising landscape for related business ventures.

## Notice

BEIS were seeking to appoint a Financial Advisor(s)in relation to the development of carbon capture, usage and storage (CCUS) in the UK. The successful contractor (which could be a sole contractor, consortium or contractor/subcontractor(s) arrangement) would: - Support the design of a CCUS work programme to enable deployment during the 2020s; - Provide advisory support on the commercial and financial considerations for CCUS business models and implications for associated policy development; and - Provide advisory support on any potential commercial engagement with CCUS projects and developers.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d9e89984-0e57-4e97-b245-51a8a73984e8 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 May 2020 |
| Submission deadline | 4 Mar 2020 |
| Future notice date | Not specified |
| Award date | 25 Mar 2020 |
| Contract period | 4 May 2020 - 29 Apr 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,000,000 |
| Lots value | Not specified |
| Awards value | £3,000,000 |
| 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 | BUSINESS ENERGY AND INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 66171000 - Financial consultancy services
- 79412000 - Financial management consultancy services

## Release History

- 26 May 2020 at 09:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d9e89984-0e57-4e97-b245-51a8a73984e8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d9e89984-0e57-4e97-b245-51a8a73984e8
  26th May 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570.json.