---
title: "External Advisor on Valuations"
ocid: "ocds-h6vhtk-05e4fa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e4fa"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e4fa.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e4fa.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEPARTMENT FOR ENERGY SECURITY AND NET ZERO"
published: "2025-11-20"
---

# External Advisor on Valuations

Buyer: DEPARTMENT FOR ENERGY SECURITY AND NET ZERO  
Current stage: Award  
OCID: ocds-h6vhtk-05e4fa

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## Summary

The Department for Energy Security and Net Zero, headquartered in London, has awarded a contract titled "External Advisor on Valuations" under the industry category of Financial and Insurance Services (CPV 66000000). The procurement process, initiated as a tender, is in the contract award stage with the contract status marked as active. This service contract, valued at £675,000, commenced on the 21st of June 2024 and will conclude on the 11th of June 2027. It involves delivering advisory services across the UK related to independent valuations and expert evidence, primarily focusing on the Small Modular Reactor Technology Selection Process.

This tender presents significant growth opportunities for businesses specialising in financial advisory services, particularly those with experience in handling valuations and litigation support in complex projects. Large consultancy firms with a proven track record in providing strategic economic advice would find this contract particularly beneficial. As a supplier, NERA UK Limited has already been selected for its expertise, thus offering a benchmark for potential competitors looking to engage in future opportunities with the Department for Energy Security and Net Zero or similar government bodies.

### Lot Information

External Advisor on Valuations

The scope of the contract as as a minimum included the following: Preparation of a report to DESNZ summarising the independent valuation, on which the department may be able to place reliance, and that may (i) be used to support internal investment decisions and (ii) also, as necessary, be provided to the CMA. Further update to this report following outcomes of negotiations with suppliers of the Small Modular Reactor Technology Selection Process will be required. Where considered appropriate, expert evidence - should any litigation arise - in a Competition Appeal Tribunal or other equivalent formal dispute.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/075483-2025 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Nov 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 11 Jun 2024 |
| Contract period | 20 Jun 2024 - 11 Jun 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £675,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Not specified |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR ENERGY SECURITY AND NET ZERO |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2EG |
| 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 | NERA |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 20 Nov 2025 at 09:38 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/075483-2025

## Notice URLs

- https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero

## 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-05e4fa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05e4fa.json.