Awarded contract

Financial Advisor for GBN / DESNZ

Details

Supplier(s)
Deloitte LLP
Value
£16,100,000
Duration
4 years
Topic
Financial consultancy services
Published
20 November 2024

Tender description

Lot 1: Great British Nuclear (GBN) Financial Advisor This is a modification to an existing contract between the Department for Energy Security and Net Zero and Deloitte LLP. The scope of the contract is for the provision of financial advisory services to the DESNZ GBN Sponsorship and Policy team. Additional services have become necessary to enable continued access to the contract services until the conclusion of the GBN Small Modular Reactor Technology Selection Process. The modification is composed of an uplift in the value of the contract of £2,600,000 under Regulation 72 (1) (b) and 72 (2) of the Public Contracts Regulations 2015.

Timeline

  1. Completed: Award date30 May 2023
  2. Completed: Award published20 November 2024
    Current notice
  3. Next: Contract expiry date29 May 2027in 7 months

About the buyer

The Department for Science Innovation and Technology is a central government department, and a dedicated commercial directorate leads on its procurement work alongside project and delivery teams. Common goods and services are bought through Crown Commercial Service frameworks. UK Shared Business Services, a shared-services provider, manages many of the department's lower-value procurements on its behalf. Low-value orders require multiple supplier quotes to ensure value for money.

Over the past 5 years, most of the Department for Science Innovation and Technology's contract awards have been in IT services, research and development and software and information systems.

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