Contract award · 7 Aug 2026

Financial Due Diligence on Funding Request for Tata Steel

Department for Business and Trade awarded “Financial Due Diligence on Funding Request for Tata Steel” to Ernest & Young LLP for £1m on 7 Aug 2026.

Business servicesLondon

Competition with a shortlist

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

Key facts

Buyer
Department for Business and Trade · Ministry or any other national or federal authority, including their regional or local subdivisions
Value
£1,000,000
Procedure
Call-off from a framework agreement
Sector
Business services · Miscellaneous business and business-related services (CPV 79900000)
Region
London
Timeline
  1. Contract date7 Aug 2026
  2. Published12 Aug 2026Published 5 days after the contract date

Description

Appoint financial advisors to provide independent financial due diligence and commercial analysis to support HMG's assessment of Tata Steel UK's request for additional Government support for the Port Talbot Electric Arc Furnace transformation project.

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