Published date: 16 July 2024

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


Closing: 31 May 2024, 5pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

Any region

Value of contract

£450,000

Procurement reference

tender_425391/1383473

Published date

16 July 2024

Closing date

31 May 2024

Closing time

5pm

Contract start date

21 June 2024

Contract end date

11 June 2027

Contract type

Service contract

Procedure type

Call-off from a dynamic purchasing system

A mini-competition or direct purchase from a pre-established dynamic purchasing system.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

**Please note this is an award notice, not a competition. The contract has been awarded via the Crown Commercial Service RM6126 Research and Insights DPS.**

The Department for Energy Security and Net Zero have awarded a contract for the below requirement.

Preparation of an independent review of the approach to valuation in connection with the funding to support technology development. If necessary, to provide an independent view of subsidy control issues and, where considered appropriate, expert evidence, should any litigation arise, in a Competition Appeal Tribunal.

Expected Outputs
The outputs for this requirement as a minimum will be the following:

Preparation of a report to DESNZ summarising the independent valuation, on which the department may be able to place reliance, and that may (i) be used to support internal investment decisions and (ii) also, as necessary, be provided to the CMA.

Further update to this report following outcomes of negotiations with suppliers of the Small Modular Reactor Technology Selection Process will be required.

Where considered appropriate, expert evidence - should any litigation arise - in a Competition Appeal Tribunal or other equivalent formal dispute.

More information

Attachments

Award information

Awarded date

12 June 2024

Contract start date

21 June 2024

Contract end date

11 June 2027

Total value of contract

£450,000

This contract was awarded to 1 supplier.

NERA UK Limited

Address

Marble Arch House, London W1H 5BT

Reference

Companies House number: 03974527

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

3-8 Whitehall Place
London
SW1A 2EG
England

Email

GBNCommissions@energysecurity.gov.uk