Published date: 26 May 2020

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


Closing: 4 March 2020

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Financial management consultancy services - 79412000

Location of contract

United Kingdom

Value of contract

£3,000,000

Procurement reference

TRN 2249/02/2020

Published date

26 May 2020

Closing date

4 March 2020

Contract start date

5 May 2020

Contract end date

29 April 2022

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

BEIS were seeking to appoint a Financial Advisor(s)in relation to the development of carbon capture, usage and storage (CCUS) in the UK. The successful contractor (which could be a sole contractor, consortium or contractor/subcontractor(s) arrangement) would:
- Support the design of a CCUS work programme to enable deployment during the 2020s;
- Provide advisory support on the commercial and financial considerations for CCUS business models and implications for associated policy development; and
- Provide advisory support on any potential commercial engagement with CCUS projects and developers.

Award information

Awarded date

25 March 2020

Contract start date

5 May 2020

Contract end date

29 April 2022

Total value of contract

£3,000,000

This contract was awarded to 1 supplier.

ERNST & YOUNG LLP

Address

1 More London Place
LONDON
SE1 2AF
GB

Reference

Companies House number: OC300001

Value of contract

£3,000,000

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Kate Smith

Address

1 Victoria Street
London
SW1H0ET
England

Email

Kate.smith@beis.gov.uk