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BIS exceptions to spending controls: consultancy - April to June 2014

Exceptions to cross-government moratoria on spend in BIS

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Department Organisation Name Project name Basis for expenditure approval Total Value Approved (£M) Date of approval
BIS BIS Future models Finance Consultancy Financial advice in respect of a BIS-owned asset 0.3 10/04/2014
BIS BIS Future models Legal Consultancy Legal advice in respect of a BIS-owned asset 0.08 10/04/2014
BIS Met Office Met Office Strategy Consultancy The Met Office do not currently have the expertise to fully identify the opportunities for profitable growth of its commercial activities. This contract is necessary to deliver a full analysis of the current operations and business plan for the commercial operations, to identify opportunities for growth and how these opportunities can be implemented. . As pressure on public funding continues to grow, it continues to be a priority for Trading Funds to develop profitable commercial revenue to ease the reliance on public funding. 0.5 10/04/2014
BIS British Business Bank British Business Bank Finance Consultancy Specialist financial advice to complement internal BIS expertise. The creation of the Business Bank is a high-profile project which BIS and HMT Ministers have a close interest in. The bank’s primary objective is to boost lending to smaller businesses, which is an explicit component of the Government’s economic growth Strategy 0.63 10/04/2014