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Find a TenderPast planning noticePreliminary market engagement notice
Published 14 Mar 2025, 13:47 GMT

Official UK procurement notice

Lead Financing and Structuring Advisory Services

Official notice

Authority: Great British Energy - Nuclear (Public body)

ServicesOpen procedureAbove threshold
Sectors: Financial and insurance services (66) Delivery: UK
Planned pipeline valueValue not publishedpipeline notice, not a live tender
Tender notice expected 30 Jun 2025from the planned procurement notice
Contract term 5 yrsends 20 Sept 2030 · up to 24 Sept 2031 with extensions · starts 24 Sept 2025

What is being bought

Published requirement description

Great British Nuclear (GBN) is an arm's length body that was set up with the aim of delivering the government's long-term nuclear programme. It is currently running a competitive tender to select up to two technology providers for the Small Modular Reactor (SMR) programme. Alongside this workstream GBN is looking to set up a development company (DevCo) through which each SMR project can be delivered. In anticipation of this GBN will be looking to appoint a lead financing and structuring advisor to support it in developing deliverable financing strategies so that each DevCo can raise private financing while ultimately delivering value for money to consumers and taxpayers.

The term of the contract and scope of services will be set out in the ITT that will be issued.

CPV: Banking and investment services

The lotProcurement structure

single lot · no lot value published
Lot #1PlannedRenewal 5 yrs
Contract period: 24 Sept 2025 – 20 Sept 2030 (5 yrs) · up to 24 Sept 2031 with extensions
Delivery: North West
Extensions: Optional 1 year extension
66100000 Banking and investment services

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Past planning notice
Procurement threshold
Above threshold (FTS publication)
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
14 Mar 2025, 13:47 GMT
Last source update
23 May 2025, 15:45 BST
Award evaluation window
Submission end – 14 Jul 2025
FTS notice number
2025/S 000-026795
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Banking and investment services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-04ed54 Find a Tender

How it was run

Official notice
Submission deadline
23 Jun 2025, 23:59 BST
Electronic submission
Allowed
Accepted languages
en

Timeline

14 Mar 2025 → 24 Sept 2025 · 7 dates
  1. Planning notice published
    14 Mar 2025, 13:47 GMT
  2. Market engagement
    2 May 2025, 23:59 BST

    In advance of launching a tender Great British Nuclear (GBN) is seeking market feedback on its proposed approach to procuring a Lead Financing and Structuring Advisor

    The feedback will be utilised to inform the proposed scope of work, deliverables, staging of this mandate and procurement

    Following issuance of the PIN notice GBN will enter into Non Disclosure Agreements (NDA) with interested parties.

    Following execution of an NDA, GBN will issue a market engagement pack to interested participants and is seeking a response to a limited number of questions

    Final responses from interested parties are expected by 02/05/2025.

    Please contact [email protected] if you are interested in participating.

  3. Latest notice published
    23 May 2025, 15:45 BST
  4. Submission deadline
    23 Jun 2025, 23:59 BST
  5. Tender notice expected
    30 Jun 2025, 23:59 BST
  6. Award decision expected by
    14 Jul 2025, 23:59 BST
  7. Contract starts393 days ago
    24 Sept 2025, 00:00 BST

Notice history

4 events · 4 releases on Find a Tender · since 14 Mar 2025
  1. Planned procurement notice published
    14 Mar 2025, 13:47 GMT
    UK3
  2. Preliminary market engagement notice published
    8 Apr 2025, 17:30 BST
    UK2
  3. Pipeline notice published
    23 May 2025, 15:42 BST
    UK1
  4. Preliminary market engagement notice published
    23 May 2025, 15:45 BST
    UK2
Published amendments (1)

The estimated dates have been updated to reflect current estimated timelines, subject to approvals

Routine re-releases (4)
  • 2025-03: 1 release · 14 Mar 2025

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

GREAT BRITISH NUCLEAR

Contracting authorityPublic authority - central government GB-COH: 05027024 · GB-PPON: PRCJ-2655-YDML Department For Energy Security & Net Zero, London, London, SW1A 2EGContact name, email

Official documents & specifications (4)

Official links; attachments are not copied

Notices published for this procedure