Planning

Soft Market Test for Local Investment in Natural Capital (LINC)

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Planning

22 May 2023 at 11:24

Market Engagement Notice
Summary of the contracting process

The West Midlands Combined Authority is conducting a procurement process titled "Soft Market Test for Local Investment in Natural Capital (LINC)" for consultancy services related to environmental issues. The engagement end date is set for 9th June 2023. The opportunity is in the Planning stage, with a planned tender publication between September and November 2023. The location is in Birmingham, West Midlands, United Kingdom. This procurement presents opportunities for SMEs and VCSEs in the environmental consultancy services sector.

The procurement process by the West Midlands Combined Authority involves a soft market test for consultancy support on investment in natural capital projects. Businesses specializing in environmental issues consultancy services who can provide innovative solutions for project pipeline development and investor coordination are well-suited for this opportunity. The engagement process involves responding to an online questionnaire, with feedback being considered for the forthcoming formal tender opportunity.

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Notice Information

Notice Title

Soft Market Test for Local Investment in Natural Capital (LINC)

Notice Description

Below are elements to the programme that WMCA requires consultancy support on from a financial, investor and legal perspective: 1, Building the prospectus We understand the need to bring scale forward to fully realise the opportunity for investment in the natural environment. The WMCA area provides the opportunity for building a project pipeline at scale, but there are also challenges to achieving this in a dense urban area. The consultant will therefore need to support an innovative approach to the development of a project pipeline to reflect the unique size, pressure and nature of our baseline natural capital i.e. we can't just plant trees and deliver BNG. There has been some initial work to pull together some of this, but we would like the focus of the prospectus to do this in a more systematic way and so that it is attractive to investors. 2,Building the Fund The aim of this work will enable us to understand the necessary conditions we need to have in place to give investors confidence in the region's ability to develop and deliver natural capital projects and coordinate through a Fund; we will do this by building an investor panel as a point of contact throughout the project - this should be drawn from expertise already in the sector and through the contacts of the consultants and stakeholders supporting the project. 3, Communications and dissemination work For more information please refer to the PIN Notice https://www.find-tender.service.gov.uk/Notice/014280-2023 Additional information: Further key detail around expressing an interest in this market engagement exercise are listed below: Portal Website: https://wmca.bravosolution.co.uk PIN Title: Soft Market Test for Local Investment in Natural Capital (LINC) Bravo Solution Project Reference: Project_704 Once registered, please access Project_704 on our e-tendering portal and respond to PQQ_181 - Soft Market Test for Local Investment in Natural Capital (LINC). This is not a formal PQQ or expression of interest in a tender exercise, it is purely to give the market the opportunity to submit responses to an online questionnaire which may assist the WMCA in drafting their tender documentation. Any information submitted by the market will not be formerly evaluated. Following the soft market testing exercise, feedback will be considered and built into the wider tender opportunity, which is expected to be published around September-November 2023. Please note, the deadline for PQQ responses is 2pm 9th June 2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-097bfd28-2032-4e27-8440-73cc17bc4f50
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5e960b20-ce8a-4e83-8d4e-f182f4c50e25
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

90 - Sewage, refuse, cleaning and environmental services

CPV Codes

90713000 - Environmental issues consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20232 years ago
Submission Deadline
Not specified
Future Notice Date
9 Jun 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
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

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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