---
title: "Financial Advisory Services- Assessing a Potential Investment in a Launch Company UKSAC24_0080"
ocid: "ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK SHARED BUSINESS SERVICES LIMITED"
published: "2024-10-17"
---

# Financial Advisory Services- Assessing a Potential Investment in a Launch Company UKSAC24_0080

Buyer: UK SHARED BUSINESS SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f

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## Summary

The UK Space Agency, supported by UK Shared Business Services Limited, has awarded PricewaterhouseCoopers a contract under the CCS Management Consultancy Framework RM6187 Lot 4. The project, titled "Financial Advisory Services- Assessing a Potential Investment in a Launch Company UKSAC24_0080," falls under the Business and Management Consultancy services category. The contract, valued at £247,500, will span from 30th September 2024 to 11th February 2025, with services focusing on the financial health assessment and investment viability of Orbex, particularly in relation to the Sutherland Spaceport and the Prime launch vehicle. The procurement was conducted via a mini competition using a selective method.

This tender presents vital business growth opportunities, especially for firms in the financial advisory and consultancy sector with experience in space technology investments. SMEs are particularly invited, as the procurement process prioritised their participation. Companies capable of providing robust financial assessments, investment advice, and compliance insights will find this contract aligns well with their expertise. Engaging in such high-profile governmental projects may also enhance firms' reputational capital and open doors for future government contracts.

## Notice

*** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *** This procurement is being concluded following a mini competition under the CCS Management Consultancy Framework RM6187 Lot 4 Brief Description of Requirement Introduction The UK Space Agency inspires and leads the UK in space to benefit our planet and its people. It is an executive agency, sponsored by the Department for Science, Innovation and Technology. It plays a major role in delivering the government's National Space Strategy and supports a thriving space sector in the UK, which generates an annual income of PS17.5 billion and employs 48,800 people across the country. Staff include scientists, engineers, commercial experts, project managers and policy officials who help to: * catalyse investment to support projects that drive investment and generate contracts for the UK space sector. * deliver missions and capabilities that meet public needs and advance our understanding of the Universe. * champion the power of space to inspire people, offer greener, smarter solutions, and support a sustainable future. To achieve the greatest impact in these three areas, the UK Space Agency focus's most of its resource behind eight delivery Priorities. These are: * Launch: supporting satellite launch services from UK spaceports. * Sustainability: taking a leading role in keeping space safe and accessible now and in the future. * Discovery: supporting space science and exploration missions. * Innovation: investing in bold new technologies. * Levelling-up: boosting space investment and jobs across the country. * Earth observation: studying our planet to drive discovery and tackle climate change. * Low-Earth orbit: delivering vital everyday satellite services. Inspiration: inspiring new space customers, investors and the next generation. Aims & Objectives * To inform UKSA, DSIT (and wider Government) understanding of Orbex's financial health including long term viability, business and investment plans, risks to successful completion. * To clarify the funding need and validate that all levers including third party financing options, will be, or have been exhausted and addressed prior to evaluation HMG intervention options. * To advise on the suitability of funding mechanisms and subsidy control compliance * Evaluation of the potential impacts of an HMG investment (inc. alongside other private investors) to secure Orbex the funding it needs to secure operational readiness of Sutherland Spaceport, and first launch of Orbex's Prime launch vehicle. Additional information: *** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fccacee7-eab3-44f4-8916-78a6d522059c |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Oct 2024 |
| Submission deadline | 10 Sep 2024 |
| Future notice date | Not specified |
| Award date | 14 Oct 2024 |
| Contract period | 29 Sep 2024 - 23 Dec 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £250,000 |
| Lots value | Not specified |
| Awards value | £165,000 |
| 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 | UK SHARED BUSINESS SERVICES LIMITED |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1UH |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 17 Oct 2024 at 13:08 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fccacee7-eab3-44f4-8916-78a6d522059c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fccacee7-eab3-44f4-8916-78a6d522059c
  17th October 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/c1f2a085-62ce-4b4f-a65d-3fad4ba11238

## Notice URLs

- http://www.uksbs.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-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b79b0921-6c3e-4f9f-925d-a89d4b4f8e0f.json.
