TenderlineUK
Procurement Intelligence
Search
Find a TenderAwarded
Published 22 Apr 2025, 08:34 BST

Official UK procurement notice

Financial advisory services for Sizewell C

Official notice

Authority: Department for Energy Security & Net Zero (Central government)

Services
Sectors: Business Services & Consultancy (79) Delivery: UK
Awarded value£5,850,000published contract · exc. VAT
Awarded 12 Dec 2022
Awarded to PricewaterhouseCoopers LLP
Contract term 3 yrsends 11 Dec 2025 · starts 12 Dec 2022
Notice summaryFrom the published notice

This is a modification to an existing contract between the Department for Energy Security and Net Zero and PricewaterhouseCoopers LLP. The scope of the contract is for the provision of financial advisory services to the DESNZ Sizewell C project. The variation is composed of a 7-month extension in time and a 19% increase in value (£730k) under Regulation 72 (1) (b) of the PCR-2015.

What is being bought

Published requirement description

No description was published on the notice. See the official documents.

CPV: Financial management consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1This is a modification to an existing contract between the Department for Energy… 3 yrs

This is a modification to an existing contract between the Department for Energy Security and Net Zero and PricewaterhouseCoopers LLP.

The scope of the contract is for the provision of financial advisory services to the DESNZ Sizewell C project.

Additional services have become necessary due to extended project timelines. The variation is composed of a 7-month extension in time and a 19% increase in value (£730k) under Regulation 72 (1) (b) of the PCR-2015.

Original award value: £3,900,000 (excl VAT). End date 11/12/2024 (+ an optional 12 month extension)

Modification one: £1,220,000 (excl VAT). End date: 31/03/2025. Modified contract value: £5,120,000

Modification two: £730,000 (excl VAT). End date: 11/12/2025. Modified contract value: £5,850,000

Contract period: 12 Dec 2022 – 11 Dec 2025 (3 yrs)
Delivery: UK

Procedure terms & legal framework

From the official record
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
22 Apr 2025, 08:34 BST
Last source update
22 Apr 2025, 08:34 BST
FTS notice number
2025/S 000-016107
Classification (CPV)
Financial management consultancy services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-050550 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

12 Dec 2022 → 22 Apr 2025 · 2 dates
  1. Contract starts
    12 Dec 2022
  2. Notice published
    22 Apr 2025, 08:34 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £5,850,0001 contract exc. VAT
Contracts signed 1latest 12 Dec 2022
Awarded toValueDateStatus
PricewaterhouseCoopers LLP£5,850,000 †—Awarded

Contracts

  • Financial Advisory Services for Sizewell C · PricewaterhouseCoopers LLP

    Signed
    12 Dec 2022
    Value
    £5,850,000
    Period
    12 Dec 2022 – 11 Dec 2025
    Status
    active
    • Change Original award value (12/12/2022): £3,900,000 (excl VAT). End date 11/12/2024 (+ an optional 12 month extension) Modification one (27/09/2024): £1,220,000 (excl VAT). End date: 31/03/2025. Modified contract value: £5,120,000 - Additional work became necessary due to extended project timelines following the UK General Election. Modification two (27/03/2025): £730,000 (excl VAT). End date: 11/12/2025. Modified contract value: £5,850,000 - Additional services are required due to extended project timelines. Date of publication: 07/04/2025, Need for additional works, services or supplies by the original contractor/concessionaire: Additional services are required due to extended project timeframes. Any change would cause significant inconvenience and substantial duplication of costs because the incumbent is uniquely placed to advise HMG and the project is in its final stages, with a final decision on whether to proceed with the project expected in the Spending Review.

Contracting authority & participating public bodies

Department for Energy Security and Net Zero

Contracting authorityCentral Government 3-8 Whitehall Place, London, UKContact email

Dispute resolution & review bodies

  • N/AReview body N/A

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.