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PROCUREMENT OPPORTUNITY

Financial advisory services for Sizewell C

Department for Energy Security and Net Zero · compiled

Tender information last checkedLast checked 30 Sept 2026, 00:22.

Opportunity overview

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

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.

PricewaterhouseCoopers LLP

Matched by exact name
Contract value
£5.9m
Awarded
Not supplied
Contract signed
12 Dec 2022
Award ID
016107-2025-Modification 2-1
Status
active
Location
London, UK, United Kingdom

Classification

  • CPV79412000 — Financial management consultancy services

Lots

  • 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: £5,850,000Value not stated

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-050550
Main Procurement Category
services

Legal basis

Id
32014L0024
Scheme
CELEX

Classification

Id
79412000
Scheme
CPV
Description
Financial management consultancy services

Lots and requirements

Entry 1
Id
1
Description
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

Ends
11 Dec 2025, 23:59
Starts
12 Dec 2022, 00:00

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-93635
Name
Department for Energy Security and Net Zero

Roles

buyer

Address

Region
UK
Locality
London
Country Name
United Kingdom
Street Address
3-8 Whitehall Place

Details

Identifier

Legal Name
Department for Energy Security and Net Zero

Contact

Organisation 2
Id
GB-FTS-68586
Name
PricewaterhouseCoopers LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom
Street Address
1 Embankment Place

Details

Scale
large

Identifier

Legal Name
PricewaterhouseCoopers LLP
Organisation 3
Id
GB-FTS-6086
Name
PricewaterhouseCoopers LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
PricewaterhouseCoopers LLP
Organisation 4
Id
GB-FTS-1091
Name
N/A

Roles

reviewBody

Address

Locality
N/A
Country Name
United Kingdom

Identifier

Legal Name
N/A

Award information

Award 1
Id
016107-2025-Modification 2-1
Title
Financial Advisory Services for Sizewell C
Status
active

Suppliers

Supplier 1
Id
GB-FTS-68586
Name
PricewaterhouseCoopers LLP
Supplier 2
Id
GB-FTS-6086
Name
PricewaterhouseCoopers LLP

Related lots

1

Contracts and changes

Entry 1
Id
016107-2025-Modification 2-1
Title
Financial Advisory Services for Sizewell C
Status
active
Award ID
016107-2025-Modification 2-1
Date Signed
12 Dec 2022, 00:00

Items

Item 1
Id
1
Related Lot
1

Classification

Id
79412000
Scheme
CPV
Description
Financial management consultancy services

Delivery locations

Entry 1
Region
UK

Value

Amount
5,850,000
Currency
GBP

Period

Ends
11 Dec 2025, 23:59
Starts
12 Dec 2022, 00:00

Amendments

Entry 1
Id
2
Rationale
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.
Description
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

Recorded locations

  • Buyer location · London · UK · United Kingdom
  • Delivery location · UK

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-050550-2025-04-22T08:34:34+01:00compiled ·