The Provision of an Independent Administrator for the UK Extractive Industries Transparency Initiative (EITI)

The Extractive Industries Transparency Initiative (EITI) is the global standard for good governance in the oil, gas and mineral sectors. It is active in 56 countries worldwide and is an influential voice in shaping the future of these sectors. With senior engagement from government, industry and civil society at an international level, it provides a unique tool to champion good governance of natural resources globally and further the UK's strategic objectives. The work of EITI is beneficial for the UK because it encourages open, transparent practices here and overseas, thus helping to create good investment environments. This VEAT notice has been published to declare that the original contract which began in June 2019 has been extended to ensure that all additional final deliverables are supplied by BDO LLP to BEIS. The Contract is extended from 16th June 2022 - 15th August 2022 to ensure that the work carried out by the contractor (BDO LLP) is completed and published in June/July - specifically the UK EITI Payments Data Report and associated data files, covering payments in 2021. This variation will take effect from 16th June, 2022. The value of this extension shall not exceed £105,000.00. The total value of the contract, including previous variations, is therefore £518,048.78.