Awarded contract

PROVISION OF A KYC DUE DILIGENCE SERVICE

Details

Value
£401,294
Duration
3 years
Topic
Corporate governance rating services
Published
27 August 2025

Tender description

To carry out searches across worldwide AML databases following the input of company, UBO and directorship information. The purpose of the due diligence is to ensure LCCC understands the reputational and financial risks of entering into contract with energy generators and producers who have gained a Contract for Difference (CfD) or any other contract LCCC is counterparty to To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=976164841 ## Contract award

Timeline

  1. Completed: Award date20 May 2025
  2. Completed: Award published27 August 2025
    Current notice
  3. Next: Contract expiry date17 August 2028in 2 years

About the buyer

Low Carbon Contracts Company Ltd is a central government body, wholly owned by the Secretary of State for Energy Security and Net Zero. The company acts as the private-law counterparty to Contracts for Difference, agreeing long-term contracts with renewable electricity generators. Tenders are advertised through the company's own procurement portal, run on the Delta eSourcing platform. The company's remit now includes Low Carbon Hydrogen and Carbon Capture, Usage and Storage. Nuclear projects are covered too, through the Regulated Asset Base model. The company's registered office is in London, at 10 South Colonnade.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of Low Carbon Contracts Company Ltd's contract awards have been in business services, architectural and engineering services and IT services.

Relevant CPV codes

  • 79212110 · Corporate governance rating services

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Decision makers

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Related topics

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