Award

Local Net Zero Accelerator (LNZA)

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

01 Aug 2025 at 12:18

Award Notice
Summary of the contracting process

The procurement process for the "Local Net Zero Accelerator (LNZA)" programme was undertaken by the West Midlands Combined Authority (WMCA), situated in Birmingham, England. This initiative focuses on financial consultancy services and falls under the industry category of Financial Consultancy, classified by CPV code 66171000. The procurement method utilized was selective, specifically a call-off from a framework agreement. The tender was previously announced with an end date for submissions set on 31st March 2025. The contract, valued at £847,765, began on 29th July 2025, and will be conducted in the West Midlands, United Kingdom, extending until 27th March 2026. The award phase is complete, with the contract awarded to Ove Arup & Partners Ltd on 26th June 2025.

This programme offers significant opportunities for businesses operating in the financial advisory sector, particularly those specialising in sustainable investments and climate-related financial models. SMEs are especially encouraged to engage with projects like LNZA as the tender specifications express suitability for small and medium-sized enterprises, though they are not exclusively limited to them. Businesses adept at creating innovative, scalable solutions for channeling funding into regional Net Zero projects can find avenues for growth through participation. Companies that can present compelling, sustainable investment frameworks will stand well-positioned to benefit from the long-term economic and environmental goals set by the WMCA's LNZA initiative.

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Notice Information

Notice Title

Local Net Zero Accelerator (LNZA)

Notice Description

The aim of the LNZA programme is to seek consultancy support to help WMCA design and deliver a financial 'mechanism/ model', which will enable private and public capital to be invested into "bundled portfolios" of Net Zero projects. This investment into multiple green projects across key sectors such as energy, housing and transport will help deliver the UK's climate targets. Furthermore, by combining multiple green projects across different sectors (rather than requesting funding for one-off, short-term projects), the LNZA project will make it easier to secure private/ public investment in a long-term, sustainable way. The deliverables for this contract are divided into two distinct phases and will culminate in a full options appraisal framework and set of recommendation(s) to the WMCA for establishing the optimal arrangement for attracting investment into the region's Net Zero projects. Phase 1 will entail undertaking an options appraisal of possible investment mechanisms for channelling funding into regional Net Zero projects and developing a shortlist of options which will then be taken forward for development. Phase 2 will involve creating detailed designs for every element of each shortlisted option, and then completing a full options appraisal, deciding which option to recommend, and preparing a decision-ready paper for the WMCA Governance body to consider.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-01549232-ec84-466b-9953-903fbb0c6dc8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a6709226-112c-472b-8725-ffd9f7205ad5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£847,765 £500K-£1M
Lots Value
Not specified
Awards Value
£847,765 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Aug 20256 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
25 Jun 20258 months ago
Contract Period
28 Jul 2025 - 27 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

OVE ARUP & PARTNERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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