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Consultancy exceptions July to September 2013

Exceptions to cross-government moratoria on spend in BIS

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CONSULTANCY
Department Organisation Name Project name Basis for expenditure approval Total Value Approved (£M) Date of approval
BIS Dept.for Business, Innovation and Skills Land Registry Project Zebedee Specialised advice is required, associated with the option of a one time corporate transaction to a new commercial operating model. £2.20 August
BIS Dept.for Business, Innovation and Skills Shareholder Executive and Student Loan Company ICR Loan Sale (External advisors) External expert consultancy resource is required to deliver the successful sale of the ICR Loans book. Internal resource does not have the necessary skillset and capacity to facilitate a successful sale. This project contributes to the overall HMG asset sale programme. Redacted - Commercially sensitive July
BIS Dept.for Business, Innovation and Skills Shareholders Executive Royal Mail Sale Commercial expertise, which does not exist in BIS, was required to plan and implement the sale of Royal Mail shares. £0.88 September