Awarded contract

Great British Energy Commercial & Financial Due Diligence Advisors 2026-2029

Details

Value
£10,000,000
Duration
3 years
Topic
Financial consultancy services
Published
28 May 2026

Tender description

Great British Energy is sourcing Suppliers to deliver its commercial, financial and management due diligence requirements for the next three years on those projects GBE intends to investigate further for potential investment, funding and or Partnership with. Three contracts were awarded under this contract for Supplier A (PriceWaterhouseCoopers), Supplier B (Deloitte LLP) and Supplier C (Ernst & Young LLP). Tiered contracts were placed in order to manage any conflict of interest of resourcing issues which Suppliers may have which may prevent them undertaking a commission. The GBE due diligence programme includes Commercial Financial and Management due diligence as well as Technical due diligence. The programme is £10m ex VAT in total. Each of these contracts has a contract value of up to £10m, but will each share a proportion of the programme budget as required. This was procured through the Government Commercial Agency's Management Consultancy Framework 4, Lot 4 (Finance). Additional information: Redacted contracts

Timeline

  1. Completed: Award date1 May 2026
  2. Completed: Award published28 May 2026
    Current notice
  3. Next: Contract expiry date30 April 2029in 2 years

About the buyer

Great British Energy is a publicly owned clean energy company and an arm's length body of the Department for Energy Security and Net Zero. Advisory services have been bought under the Procurement Act 2023. Routes have included a competitive flexible procedure and an open procedure. Early market engagement events have come before some tenders. Small businesses and voluntary and community enterprises are encouraged to bid.

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Decision makers

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