Award

Provision of asset valuation services for offshore wind

  • The Crown Estate

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-073111

Procurement identifier (OCID): ocds-h6vhtk-058903 (view related notices)

Published 12 November 2025, 11:43am



Scope

Description

The Crown Estate Offshore Wind portfolio is revalued annually for inclusion within its Annual Report & Accounts. The successful supplier will be required to provide the services: valuation model; valuation report; and market advice and support.


Contract 1

Supplier

Contract value

  • £689,070 excluding VAT
  • £826,884 including VAT

Above the relevant threshold

Award decision date

12 November 2025

Date assessment summaries were sent to tenderers

12 November 2025

Standstill period

  • End: 21 November 2025
  • 8 working days

Earliest date the contract will be signed

24 November 2025

Contract dates (estimated)

  • 1 December 2025 to 30 November 2028
  • Possible extension to 30 November 2030
  • 5 years

Description of possible extension:

Contract will be for 3 + 2 years

Main procurement category

Services

CPV classifications

  • 79419000 - Evaluation consultancy services

Contract locations

  • UK - United Kingdom

Information about tenders

  • 11 tenders received
  • 7 tenders assessed in the final stage:
    • 3 submitted by small and medium-sized enterprises (SME)
    • 0 submitted by voluntary, community and social enterprises (VCSE)
  • 1 supplier awarded contracts
  • 6 suppliers unsuccessful (details included for contracts over £5 million)

Procedure

Procedure type

Open procedure


Supplier

PRICEWATERHOUSECOOPERS LLP

  • Companies House: OC303525
  • Public Procurement Organisation Number: PWXM-5926-GWLN

1 Embankment Place

London

WC2N 6RH

United Kingdom

Region: UKI32 - Westminster

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Supported employment provider: No

Public service mutual: No

Contract 1


Contracting authority

The Crown Estate

  • Public Procurement Organisation Number: PYYN-4743-GYVQ

1 St James Market

London

SW1Y 4AH

United Kingdom

Region: UKI32 - Westminster

Organisation type: Public authority - central government