Award

Blue Impact Funding

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

01 Mar 2021 at 11:36

Award Notice
Summary of the contracting process

The procurement process titled "Blue Impact Funding" is initiated by the Defra Network eTendering Portal, focusing on management-related services for the marine and coastal environment. The procurement stage has been completed with the contract awarded on 26 February 2021, which includes a total contract value of £36,667. The contract period starts from 1 March 2021 and ends on 30 September 2021. The scope of the project encompasses various locations, including the United Kingdom and British Overseas Territories, and the procurement was conducted via a single tender action method.

This tender represents a valuable opportunity for businesses involved in environmental management, particularly small and medium-sized enterprises (SMEs) and voluntary/community sector enterprises (VCSEs). Successful competition in this tender may appeal to firms specialising in marine conservation, restoration services, or innovative financing strategies for environmental initiatives. The engagement with Finance Earth highlights potential collaborations and the necessity for expertise in impact investment that can effectively contribute to the goals of the DEFRA group.

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Notice Information

Notice Title

Blue Impact Funding

Notice Description

Finance Earth, in partnership with WWF, have designed and proposed a Blue Impact Fund (BIF) and Ocean Recovery Trust (ORT) to attract and manage impact investment (BIF) and philanthropic / grant investment (ORT) for the marine and coastal environment. This fund was one of the key output recommendations from the Marine Pioneer. It should result in additional funding being available to support the DEFRA group's coastal restoration and fishery ambitions and will pioneer an innovative financing approach for the environment. The DEFRA group seek to engage Finance Earth to progress and complete the set-up of the BIF and ORT. Deliverables include draft fund strategies and proposals, fund set-up and incorporation and outputs delivered to support data and knowledge sharing between our respective organisations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-34b7c9df-e3b7-4698-ac89-f74113f26042
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0db798b9-2a06-4c05-be14-ec9aaa59ba40
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79420000 - Management-related services

Notice Value(s)

Tender Value
£36,667 Under £100K
Lots Value
Not specified
Awards Value
£36,667 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20214 years ago
Submission Deadline
25 Feb 2021Expired
Future Notice Date
Not specified
Award Date
26 Feb 20214 years ago
Contract Period
1 Mar 2021 - 30 Sep 2021 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
DEFRA NETWORK ETENDERING PORTAL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3JR
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FINANCE EARTH

Further Information

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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