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External Advisor on Valuations

Department for Energy Security and Net Zero

Awarded
services

This tender has closed

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Key details

Contracting authority
Region
London
Delivery: United Kingdom
Contract value
£675,000ex VAT
Submissions closed
Not stated by buyer
Published
20 November 2025

Procurement

Contract period
21 June 2024 - 11 June 2027
3 years
CPV classifications
  • 66000000 Financial and insurance services

What happened

Department for Energy Security and Net Zero awarded this contract to NERA UK Limited worth £675,000 on 12 Jun 2024. The contract runs until 11 Jun 2027.

Description

The scope of the contract as as a minimum included the following:

Preparation of a report to DESNZ summarising the independent valuation, on which the department may be able to place reliance, and that may (i) be used to support internal investment decisions and (ii) also, as necessary, be provided to the CMA.

Further update to this report following outcomes of negotiations with suppliers of the Small Modular Reactor Technology Selection Process will be required.

Where considered appropriate, expert evidence - should any litigation arise - in a Competition Appeal Tribunal or other equivalent formal dispute.

Awarded supplier

Supplier
NERA UK Limited
Award value
£675,000
Award date
12 June 2024

Contact

Address
3-8 Whitehall Place, London, SW1A 2EG
Contact name
Butch Vraniqi

Identifiers

Notice ID
075483-2025
OCID
ocds-h6vhtk-05e4fa

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External ID: fts-ocds-h6vhtk-05e4fa • Added 6 August 2026