---
title: "Financial advisor services for the development of a Carbon Capture and Storage (CCS) facility at the Edmonton EcoPark and integration with a potential future CO2 transport and permanent storage solution"
ocid: "ocds-h6vhtk-036b7b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-036b7b"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-036b7b.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-036b7b.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NORTH LONDON WASTE AUTHORITY"
published: "2023-08-11"
---

# Financial advisor services for the development of a Carbon Capture and Storage (CCS) facility at the Edmonton EcoPark and integration with a potential future CO2 transport and permanent storage solution

Buyer: NORTH LONDON WASTE AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-036b7b

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## Summary

The North London Waste Authority is seeking a consultant to provide financial advisor services for the development of a Carbon Capture and Storage (CCS) facility at the Edmonton EcoPark. This procurement is at the Strategic Assessment Stage, with an anticipated value of £322,000. The Authority is located in London and belongs to the environmental protection industry category. The procurement method is a selective procedure, and the main procurement category is services. The current stage is active, and the procurement process is focused on financial management consultancy services.

This tender presents an opportunity for businesses offering financial management consultancy services to compete for a contract with the North London Waste Authority. The Authority, as a regional or local authority, is looking to progress through Strategic Assessment Stages 1 and 2 for the development of the CCS facility. Businesses well-versed in financial modelling, grant funding opportunities, and commercial investment decisions are suited to bid for this contract. The tender period ends on 26th October 2022, with an invitation to the second stage scheduled for 21st November 2022.

## Notice

North London Waste Authority (the Authority) is seeking a consultant to provide financial services for the development of a Carbon Capture and Storage (CCS) facility at the Edmonton EcoPark and integration with a potential future CO2 transport and permanent storage solution. This procurement relates to the Strategic Assessment Stage, Stages 1 and 2. However, progression from the Strategic Assessment Stage to subsequent stages will require approval from the Authority's Members and will be subject to satisfying the requirements of the gateway project assurance process as per HM Treasury Guidance. The Authority may, subject to the relevant approvals being in place, progress to Stage 1 and 2. For the overall CCS project, the Authority will use the staged approach as outlined in the HM Treasury guidance to developing the project business case. Stages 3 to 5 are not part of this appointment. The stages are summarised below: Strategic Assessment: Determining the strategic context and undertaking the Strategic Assessment - Enabling early decision-making and governance over early-stage funding. Clarifying options and agreeing assumptions and building the strategic case with industry and transport and storage operators. Stage 1: Business Justification - Scoping the scheme and preparing the Strategic Outline Case - Narrowing the options to a target solution and enabling delivery through appropriate stakeholder partnerships and agreements. Stage 2: Planning the scheme and preparing the Outline Business Case - Refinement of the preferred solution, development of the environmental statement and submission of a full planning application, and preparing the Outline Business Case. For the Strategic Assessment Stage, Stage 1 and Stage 2, the services will involve: The development of a commercial basis for an investment decision including complete project lifecycle financial modelling (DEVEX, CAPEX, OPEX) and a levelized cost of carbon abatement model. They will investigate opportunities for external grant funding or financing options with external bodies and carry out an analysis of the business case options. They will also provide financial advice and support as required for the Authority's external communication activities.

### Lot Information

Lot 1

The Authority is a statutory authority whose principal responsibility is the disposal of waste collected by the seven north London boroughs of Barnet, Camden, Enfield, Hackney, Haringey, Islington and Waltham Forest. The Authority is developing a new Energy Recovery Facility at the Edmonton EcoPark pursuant to a Development Consent Order granted to the Authority on 24 February 2017. The Authority is now investigating the possibility of developing a CCS facility at the Edmonton EcoPark site and integration with a potential future CO2 transport and permanent storage solution. This procurement is for financial advisor services in relation to the development of the CCS facility at the Edmonton EcoPark and integration with a potential future CO2 transport and permanent storage solution. Further details of this can be found in the introductory text to the procurement documentation.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/023593-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Aug 2023 |
| Submission deadline | 26 Oct 2022 |
| Future notice date | Not specified |
| Award date | 29 May 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,368,000 |
| Lots value | £1,368,000 |
| Awards value | Not specified |
| Contracts value | £275,608 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORTH LONDON WASTE AUTHORITY |
| Locality | Not specified |
| Post town | Not specified |
| Postcode | Not specified |
| Country | Not specified |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Not specified |
| Electoral ward | Not specified |
| Westminster constituency | Not specified |
| Delivery location | TLI43 Haringey and Islington |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AMBERSIDE ADVISORS |

## CPV Codes

### Divisions

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

### Codes

- 79412000 - Financial management consultancy services

## Release History

- 11 Aug 2023 at 13:34 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/023593-2023
- 26 Sep 2022 at 13:22 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/026880-2022

## Notice URLs

- http://www.in-tendhost.co.uk/nlwa
- https://in-tendhost.co.uk/nlwa/
- https://www.in-tendhost.co.uk/nlwa
- https://www.nlwa.gov.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-h6vhtk-036b7b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-036b7b.json.