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Find a Tender Service (UK Cabinet Office / Crown Commercial Service) verified 3 weeks ago Contract notice

Financial Advisor.

Open United Kingdom Financial & insurance services

Buyer Great British Energy - Nuclear

4 days left

Key facts

Closes
15:00 (UTC)
Estimated value
€592,522
converted from GBP
Procedure
Open procedure Anyone may submit a bid, in one step, with no pre-selection. Full entry
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Summary

Machine-generated summary

GBN-E is seeking a lead financial advisor to support its project and programme activities. The advisor will assist with optioneering, market assessment, and provision of specialist knowledge, culminating in an optimal financing strategy recommendation for GBN-E. The strategy will focus on reviewing private versus government funded models, or a mixture of both. The buyer notes that market engagement covering this scope has previously been undertaken, and further information can be found through the referenced notice. The contract concerns advisory services only, supporting the development of a financing strategy rather than the delivery of works or supply of goods.

Timing

28 days from publication to deadline. Usual length in United Kingdom: 30 days. Usual length

  1. Published
  2. Today
  3. Deadline
  4. Awarded pending
More figures

Notices of this kind (United Kingdom, open procedure, above the EU threshold) give a median of 30 days, half of them between 26 and 36 days, based on 2,152 notices of the last two years.

Description

Great British Energy - Nuclear (GBE-N) is procuring specialist financial advisory services to support the assessment of funding and financing options for the Gwyndod Small Modular Reactor (SMR) Project and wider SMR programme. The appointed adviser will support the development of evidence-based analysis and recommendations, undertake assessment of public, private and hybrid funding and financing approaches, support market engagement activities, and provide advice to inform future government decisions. The adviser will be expected to assess the advantages, disadvantages, risks, opportunities and enabling conditions associated with different approaches. The information provided above is intended to give Tenderers a high-level overview of the requirements of this procurement. A detailed scope of work will be issued to Tenderers invited to participate in the tender stage, following completion of the mandatory mutual Non-Disclosure Agreement (NDA). The estimated value is £600,000 inclusive of VAT based on the contracting authority's current assumptions regarding programme scope, delivery profile, and resource requirements over the contract term. The stated value represents an estimated total potential spend rather than a committed or guaranteed amount. This estimate has been prepared in accordance with the valuation principles set out in the Procurement Act 2023. The Procurement documentation will be made available to Applicants upon competition and submission of a signed Non Disclosure Agreement. Access to the Procurement documentation requires an NDA to be in place. If you wish to participate and view the Procurement documentation, please ensure you are registered on the JAGGAER eSourcing Portal. If your organisation is not Registered on the Portal, please click "Register Now" from the login page https://beisgroup.ukp.app.jaggaer.com. This is where submissions will be made, all communications between GBE-N and Tenderers will occur and is where all official Procurement documentation will be issued. In the first instance please access the NDA at the following link - https://beisgroup.ukp.app.jaggaer.com/go/3749845401A11B2C0C9C Suppliers are required to submit a response to this PSQ which requires completion and upload of the signed Non-Disclosure Agreement form in response to the PSQ questionnaire. For further assistance with regards registering on the Jaggaer eSourcing Portal, please consult the helpdesk. Phone: 0800 698 630 https://jaggaer.my.site.com/SupplierSupportRequest/

Change history

Every time an official source republished this notice with different content. We watch every source we index, including regional copies of the same notice.

  1. Read before bidding
    Title
    Was: Lead Financial Advisor
    Now: Financial Advisor.
    Status
    Was: Upcoming
    Now: Open
    Estimated value
    Was: €485,739
    Now: €592,522 +22%
    Submission deadline
    not stated
    Now: November 12, 2026, 15:00
    Scope and criteria
    The description was expanded. Re-read it before you bid.
    Procedure
    Was: Restricted procedure
    Now: Open procedure
    Estimated value
    Was: €416,667
    Now: €500,000 +20%
  2. Title
    Was: Financial Advisor
    Now: Lead Financial Advisor
    Status
    Was: Open
    Now: Upcoming
    Scope and criteria
    The description was reworded. Re-read it before you bid.
  3. Scope and criteria
    The description was shortened. Re-read it before you bid.
  4. Title
    Was: Financial Advisor.
    Now: Financial Advisor
    Scope and criteria
    The description was expanded. Re-read it before you bid.
  5. Title
    Was: Lead Financial Advisor
    Now: Financial Advisor.
    Status
    Was: Upcoming
    Now: Open

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Bid or no-bid?

2 of 6 answered from the register

Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.

  1. In your favour:

    Do we meet every eligibility criterion?

    Open procedure: any interested supplier may submit a bid.

  2. Your call:

    Can we deliver this with the team we have?

    Estimated at €592,522.

  3. Your call:

    Do we have two comparable references?

    Comparable work is in Financial & insurance services.

  4. Check this first:

    Is the deadline realistic for a proper offer?

    4 days left.

  5. Your call:

    Is there a margin at the likely winning price?

    In this country this kind of contract is usually awarded for between €58,756 and €502,380.

  6. Your call:

    Do we know this buyer?

    The buyer has 22 notices in the register and no pattern of winners yet.

Can I bid?

  • Open procedure: any interested supplier may submit a bid.
  • Documents in English.

Official source

Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)

Always verify details on the official notice.

Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 3 weeks ago

Documents on Find a Tender Service (UK Cabinet Office / Crown Commercial Service) (English)

Market

Financial & insurance services in United Kingdom

median award in this market
€140,543
More figures

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 192 awards for Financial & insurance services in United Kingdom.

This notice
€592,522
Median award
€140,543
Middle half of past awards
€58,756 to €502,380

The estimate is larger than three in four past awards.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Market context

Larger than 62% of the open notices in Financial & insurance services across Europe.

open now in Financial & insurance services
2,004
median open notice
€360,000

Who wins in this market

Many suppliers

United Kingdom · Financial & insurance services

different companies won awards here
153
of the awards went to the three most frequent winners
15%
buyers awarded contracts here
154

Based on 240 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

The buyer in figures

Great British Energy - Nuclear

notices in the register
22
awards
17
awarded in total
€13.0M

Who wins its contracts

Many suppliers
different companies won its awards
14
of the awards went to the three most frequent winners
31%

Based on 16 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Great British Energy - Nuclear

United Kingdom

This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - United Kingdom

Company Wins Total awarded Last win
Allpay limited 16 €7.2M Oct 2026
Arthur J. Gallagher Insurance Brokers Ltd 16 €3.4M Oct 2026
KPMG LLP 5 €1.0M Nov 2026
Barclays Bank Plc 4 €85.6M Aug 2026
Hymans robertson LLP 4 €1.4M Jun 2026

Based on 240 awards with a linked company profile over the last 2 years.

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4 days left

Open notice

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