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PROCUREMENT OPPORTUNITY

Financial and Operational Due Diligence

UK Space Agency · Contract details notice on Find a Tender

Tender information last checkedLast checked 3 Oct 2026, 01:42.

Opportunity overview

A set of updated financial Due Diligence to be performed on two organisations, that is required following unforeseen developments in the market outside the control of UK Space Agency's that require urgently assessing to assist in programmatic decision making.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

ERNST & YOUNG LLP

Matched by number
Contract value
£420k
Awarded
Not supplied
Contract signed
27 Mar 2026
Including VAT
£492k
Award ID
1
Status
active
Identifier
GB-COH OC300001
Location
London, UKI44, SE1 2AF, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-0666f7
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award
Why this procedure was chosen
Extreme and unavoidable urgency Developments within the industry that were outside of the control and unforeseeable in impact requires UKSA needs to act quickly to support it's interests and the sector this requires financial DD being performed to inform decision making that has become urgent with timelines not within our control as an organisation. Ernst & Young, who have previously delivered the original work for UKSA/DSIT were chosen as the sole supplier capable of delivery. Their established familiarity with the ask and the organisations involved places them in a unique position to undertake this due diligence quickly and effectively, ensuring both efficiency and value for money.

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure reasons

Entry 1
Id
urgency

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
UK Space Agency
Id
GB-PPON-PRTY-4245-MTJY

Identifier

Scheme
GB-PPON
Id
PRTY-4245-MTJY

Address

Street Address
Quad Two Building 1st Floor, Rutherford Avenue, Harwell Science and Innovation Campus
Locality
Didcot
Postal Code
OX11 0DF
Country
GB
Country Name
United Kingdom
Region
UKJ14

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
ERNST & YOUNG LLP
Id
GB-COH-OC300001

Identifier

Scheme
GB-COH
Id
OC300001

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PMLW-7292-ZXTL

Address

Street Address
1 More London Place
Locality
London
Postal Code
SE1 2AF
Country
GB
Country Name
United Kingdom
Region
UKI44

Contact

Roles

supplier

Details

Scale
large
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
66171000
Description
Financial consultancy services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-OC300001
Name
ERNST & YOUNG LLP

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
Financial and Operational Due diligence
Status
active
Above Threshold
Yes
Date Signed
27 Mar 2026, 00:00

Period

Starts
30 Mar 2026, 00:00
Ends
31 Jul 2026, 23:59

Value

Including VAT
492,000
Amount
420,000
Currency
GBP

Agreed Metrics

Entry 1
Id
1
Title
Timely delivery and approval of contractual deliverables.
Entry 2
Id
2
Title
Customer engagement and communication
Entry 3
Id
3
Title
Meeting Attendance

Documents

Entry 1
Id
032945-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
10 Apr 2026, 16:05
Format
text/html

Recorded locations

  • Buyer location · Didcot · UKJ14 · OX11 0DF · United Kingdom

Notice and amendment history

3 published notice versions reviewed by ProcuraAxis.

3 VERSIONS
  1. 021644-2026Transparency notice on Find a Tender ·
  2. 021897-2026Contract award notice on Find a Tender ·
  3. 032945-2026Contract details notice on Find a Tender ·