---
title: "Financial and Operational Due Diligence"
ocid: "ocds-h6vhtk-0666f7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0666f7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0666f7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0666f7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UK SPACE AGENCY"
published: "2026-04-10"
---

# Financial and Operational Due Diligence

Buyer: UK SPACE AGENCY  
Current stage: Award  
OCID: ocds-h6vhtk-0666f7

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0666f7)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0666f7.json)

## Summary

The UK Space Agency has recently concluded a procurement process titled "Financial and Operational Due Diligence," focusing on the services category, aimed at performing updated financial due diligence on two organisations. This follows unforeseen market developments necessitating urgent assessments for programmatic decision-making. The procurement was conducted under a direct award method due to extreme urgency, with Ernst & Young LLP chosen as the supplier. The contract commenced on 30th March 2026 and is set to conclude by 31st July 2026. Located at the Harwell Science and Innovation Campus, Didcot, the UK Space Agency acts as the buying organization. The procurement status is complete, with the procurement method detailing a rationale based on urgency.

This procurement offers substantial growth opportunities for businesses involved in financial consultancy services, particularly those that can respond swiftly to urgent deadlines and operate on a large scale. Given Ernst & Young LLP's established capability and familiarity with the project's complexities and requirements, large firms with extensive sector-specific experience and the ability to mobilise resources quickly are well-suited to compete in similar procurement processes. Moreover, the provision of services in the context of dynamic market conditions presents a unique chance for businesses adept at rapid financial analysis and decision-support services to thrive.

## Notice

A set of updated financial Due Diligence to be performed on two organisations, that is required following unforeseen developments in the market outside the control of UK Space Agency's that require urgently assessing to assist in programmatic decision making.

### Procurement Information

Extreme and unavoidable urgency Developments within the industry that were outside of the control and unforeseeable in impact requires UKSA needs to act quickly to support it's interests and the sector this requires financial DD being performed to inform decision making that has become urgent with timelines not within our control as an organisation. Ernst & Young, who have previously delivered the original work for UKSA/DSIT were chosen as the sole supplier capable of delivery. Their established familiarity with the ask and the organisations involved places them in a unique position to undertake this due diligence quickly and effectively, ensuring both efficiency and value for money.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/032945-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Apr 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 10 Mar 2026 |
| Contract period | 29 Mar 2026 - 31 Jul 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £410,000 |
| Contracts value | £420,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UK SPACE AGENCY |
| Locality | DIDCOT |
| Post town | Oxford |
| Postcode | OX11 0DF |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ14 Oxfordshire CC |
| Local authority | Vale of White Horse |
| Electoral ward | Hendreds |
| Westminster constituency | Didcot and Wantage |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 10 Apr 2026 at 15:05 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/032945-2026
- 11 Mar 2026 at 15:34 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/021897-2026
- 11 Mar 2026 at 09:54 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/021644-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/032945-2026
  10th April 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/021897-2026
  11th March 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/021644-2026
  11th March 2026 - Transparency notice on Find a Tender

## Notice URLs

- https://www.ey.com/en_ua
- https://www.ey.com/en_uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-0666f7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0666f7.json.