# CCUS Development: Corporate Finance Advisors

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Business Energy and Industrial Strategy](/buyers/business-energy-and-industrial-strategy/contract-awards)
- Contract winner: [ERNST & YOUNG LLP](/contract-winners/ernst-young/public-sector-contract-awards)
- Award value: £3,000,000
- Tender value: £3,000,000
- Award date: 25 March 2020
- Published: 26 May 2020
- Contract start: 5 May 2020
- Contract end: 29 April 2022
- Stage: awarded
- Procurement category: services
- Notice ID: d9e89984-0e57-4e97-b245-51a8a73984e8-360660
- OCID: ocds-b5fd17-4806bd26-dc24-4b52-a48e-d7c201a95570

## Description

BEIS were seeking to appoint a Financial Advisor\(s\)in relation to the development of carbon capture, usage and storage \(CCUS\) in the UK\. The successful contractor \(which could be a sole contractor, consortium or contractor/subcontractor\(s\) arrangement\) would: - Support the design of a CCUS work programme to enable deployment during the 2020s; - Provide advisory support on the commercial and financial considerations for CCUS business models and implications for associated policy development; and - Provide advisory support on any potential commercial engagement with CCUS projects and developers\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/d9e89984-0e57-4e97-b245-51a8a73984e8-360660)