Financial advisory services for Sizewell C

Description

Lot 1: 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