Tender

Development of a Natural Capital Investment Plan providing pathways to sustainable finance for the protection of the natural environment in the Turks and Caicos Islands

JNCC SUPPORT CO

This public procurement record has 2 releases in its history.

TenderAmendment

20 Apr 2023 at 15:26

Tender Notice
Tender

13 Apr 2023 at 13:53

Tender Notice
Summary of the contracting process

The contracting authority for the procurement process titled "Development of a Natural Capital Investment Plan providing pathways to sustainable finance for the protection of the natural environment in the Turks and Caicos Islands" is JNCC SUPPORT CO. The procurement falls under the main procurement category of services, specifically economic research services and environmental services. The procurement method is an open procedure below the threshold, with a tender period ending on 28th April 2023. The contract period is scheduled to start on 5th May 2023 and end on 29th March 2024.

This tender presents an opportunity for businesses interested in economic research and environmental services to engage in the development of a Natural Capital Investment Plan in the Turks and Caicos Islands. Small and medium-sized enterprises (SMEs) are particularly suited to compete in this procurement process. Businesses operating in sustainable finance, ecosystem management, and natural capital investment are well-positioned to participate and contribute to the project's objectives.

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Notice Information

Notice Title

Development of a Natural Capital Investment Plan providing pathways to sustainable finance for the protection of the natural environment in the Turks and Caicos Islands

Notice Description

A review of opportunities and alternatives for the sustainable finance of the natural environment leading to the development of a Natural Capital Investment Plan for the Turks and Caicos Islands. This work forms part of JNCC's RESEMBID Covid-19 response project to support the Turks and Caicos Islands (TCI) social and economic recovery and resiliency, entitled: "Defining A Post-Covid-19 Resilient Recovery in the Turks And Caicos Islands: Sustainable Investment in the Future of the Island's People and Environment." The project is intended as a foresighting exercise to identify potential opportunities and alternatives for place-based investment and support for the natural environment in the Turks and Caicos Islands. The project should also consider and identify factors and barriers which may impact upon successful implementation - such as blue and green finance alternatives, issues of appropriate scale and investment timelines. Caribbean islands have strong economic dependence on their ecosystems, making the implementation of sustainable ecosystem management a complex challenge in balancing use and preservation, but nonetheless a critical necessity. There is a well-documented appetite for sustainable livelihood creation and economic diversification in TCI. The 2015 'Greening the Economy of TCI' project, requires a refresh in light of new global conditions. It identified specific areas where further skills development is needed in TCI. The 2015 consultations JNCC conducted on behalf of TCI Government to inform the TCI Environment Strategy indicates strong advocacy for inclusion of communities in the implementation of strategies that impact on their environment and economic opportunities. The final investment plan is expected to use the extensive evidence base that exists on TCI's natural capital. This should be incorporated with existing best practice examples of natural capital investment and sustainable finance mechanisms. Recent JNCC work on TCI's natural capital, and its links to this project, is detailed in Appendix 1. In addition, JNCC are conducting both a Socioeconomic Survey and a Business Attitudes Survey across TCI which will yield results that may be relevant to the development of an appropriate place-based NCIP. Additional information: You are invited by JNCC Support Co (JNCC) to submit a tender proposal for the supply of works or services required under the above project. If interested, you should download and carefully read the documents contained within the zip file.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2805aed5-d697-4100-b159-b0582be561a6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b705d4aa-6bc6-4615-a7f2-a513e28e2e4d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services

CPV Codes

79311400 - Economic research services

90700000 - Environmental services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20232 years ago
Submission Deadline
10 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
21 May 2023 - 29 Mar 2024 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
JNCC SUPPORT CO
Contact Name
Not specified
Contact Email
contractqueries@jncc.gov.uk
Contact Phone
01733 866894

Buyer Location

Locality
PETERBOROUGH
Postcode
PE2 8YY
Post Town
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
Delivery Location
Not specified
Local Authority
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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