Published date: 4 July 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 6 June 2025, 1:05pm

Contract summary

Industry

  • Banking and investment services - 66100000

Location of contract

SW1A 2EG

Value of contract

£1,500,000

Procurement reference

tender_489161/1496882

Published date

4 July 2025

Closing date

6 June 2025

Closing time

1:05pm

Contract start date

25 June 2025

Contract end date

24 June 2027

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Great British Energy has identified several requirements which it needs to source which can be categorised as "professional services". These requirements are similar in nature in that they are related to GBE making financial investments in projects in order for it to deliver its remit.

Until GBE is fully functional its sponsored Department, the Department for Energy Security and Net Zero ("DESNZ"), will be commissioning requirements on GBE's behalf.

The objectives of this contract therefore are for the Supplier to deliver the following Services, identified as different elements under this contract:
Element 1: Financial Due Diligence - Provision of financial due diligence services on up to six early Floating Offshore Wind (FLOW) investment opportunities
Element 2: GBE Investment Strategy - creating an overarching GBE Investment strategy to steer the organisation's future areas for investments
Element 3: Investment and development risk framework - Developing financial metrics to monitor of GBE's investment and development portfolio.
Element 4: Additional Professional Services - assisting GBE throughout the duration of the contract in providing professional services on a commission/call off basis as new requirements are identified.

This was procured under the Crown Commercial Service's Management Consultancy Framework (RM6187) - Lot 4 Finance.

More information

Attachments

Additional text

Redacted Contract

Award information

Awarded date

25 June 2025

Contract start date

25 June 2025

Contract end date

24 June 2027

Total value of contract

£1,500,000

This contract was awarded to 1 supplier.

Deloitte LLP

Address

1 New Street Square, London, United Kingdom, EC4A 3HQ

Reference

Companies House number: OC303675

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

3-8 Whitehall Place
London
SW1A 2EG
England

Email

matthew.bird@energysecurity.gov.uk