Scope
Description
Great British Nuclear (GBN) is an arm's length body that was set up with the aim of delivering the government's long-term nuclear programme. It is currently running a competitive tender to select up to two technology providers for the Small Modular Reactor (SMR) programme. Alongside this workstream GBN is looking to set up a development company (DevCo) through which each SMR project can be delivered. In anticipation of this GBN will be looking to appoint a lead financing and structuring advisor to support it in developing deliverable financing strategies so that each DevCo can raise private financing while ultimately delivering value for money to consumers and taxpayers.
The term of the contract and scope of services will be set out in the ITT that will be issued.
Contract dates (estimated)
- 28 July 2025 to 27 July 2030
- Possible extension to 25 July 2031
- 5 years, 11 months, 29 days
Main procurement category
Services
CPV classifications
- 66100000 - Banking and investment services
Contract locations
- UK - United Kingdom
Engagement
Engagement deadline
2 May 2025
Engagement process description
In advance of launching a tender Great British Nuclear (GBN) is seeking market feedback on its proposed approach to procuring a Lead Financing and Structuring Advisor
The feedback will be utilised to inform the proposed scope of work, deliverables, staging of this mandate and procurement
Following issuance of the PIN notice GBN will enter into Non Disclosure Agreements (NDA) with interested parties.
Following execution of an NDA, GBN will issue a market engagement pack to interested participants and is seeking a response to a limited number of questions
Final responses from interested parties are expected by 02/05/2025.
Please contact Sam.Middlehurst@greatbritishnuclear.uk if you are interested in participating.
Submission
Publication date of tender notice (estimated)
23 May 2025
Contracting authority
GREAT BRITISH NUCLEAR
- Companies House: 05027024
- Public Procurement Organisation Number: PRCJ-2655-YDML
Department For Energy Security & Net Zero
London
SW1A 2EG
United Kingdom
Region: UKI32 - Westminster
Organisation type: Public authority - central government