Contract award · 25 Jun 2025

Provision of Professional Services for GBE Investments

Desnz awarded “Provision of Professional Services for GBE Investments” to Deloitte LLP for £1.5m on 25 Jun 2025.

Financial & insurance servicesLondon

BuyerDesnz
Value £1.5m
WinnerDeloitte LLP

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Desnz
Supplier
Deloitte LLP
Value
£1,500,000
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Banking and investment services (CPV 66100000)
Region
London
Timeline
  1. Contract date25 Jun 2025
  2. Published4 Jul 2025Published 9 days after the contract date

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…

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