Tender

Developing sustainable finance for UK nature-based solutions (NbS)

JNCC SUPPORT CO

This public procurement record has 2 releases in its history.

TenderAmendment

17 Dec 2021 at 14:56

Tender Notice
Tender

16 Dec 2021 at 11:02

Tender Notice
Summary of the contracting process

The JNCC Support Co is inviting tenders for a project titled "Developing sustainable finance for UK nature-based solutions (NbS)", aimed at enabling markets for ecosystem services in various UK habitats. This tender is classified under environmental services, with a contract value of £15,000. The procurement method is open, and it has entered the Tender stage, with a submission deadline set for 14 January 2022 at 16:00 hours. The proposed contract period will commence on 24 January 2022 and conclude by 28 March 2022. The work is to be carried out in the East of England, specifically addressing key issues related to private investment in ecosystem markets.

This tender presents an excellent opportunity for businesses focused on environmental consulting, sustainable finance, or ecological assessment services, particularly those with experience in ecosystem services. Small and medium-sized enterprises (SMEs) are encouraged to apply, as the project requires specific expertise in reviewing existing ecosystem markets and identifying solutions to enhance funding flows. This initiative not only fosters potential growth for participating firms but also contributes significantly to the recovery of vital UK habitats, driving innovation in sustainability.

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Notice Information

Notice Title

Developing sustainable finance for UK nature-based solutions (NbS)

Notice Description

Background to Project The project will focus on enabling markets for ecosystem services in UK peatland, woodland, saltmarshes, kelp, seagrass and marine sediment habitats. The total aims of the project are listed below: A. Summarise the current scientific and economic evidence surrounding NbS in specific UK habitats; B. Review the markets for carbon, biodiversity, water quality and regulation, and coastal resilience in the UK; C. Understand how best to develop specific ecosystem markets, with particular emphasis on: a. Where ecosystem markets exist, the current challenges in making these markets function more efficiently, b. Where ecosystem markets don't exist, barriers to implementation and feasibility. c. The role of both economic and ecological risk and uncertainty in stimulating private investment in UK NbS. D. Improve the evidence base for private sector investment in UK green and blue habitat. The existing evidence which informs finance options (public or private) for nature-based solutions (NbS) in UK is insufficient. Often it is not clear which habitats and actions are capable of delivering those ecosystem services and benefits which are conducive to private finance, nor whether the condition of these habitats enables or hinders market participation. Hence, there is a need for a more comprehensive and standardised evidence base to ensure a level playing field for private investors across UK. A more comprehensive evidence base should inform a UK-wide strategy to stimulate private investment in NbS. This contract will contribute towards the overall aims of this project by addressing Sections B, C and D above. This will include a review of existing ecosystem markets in the UK (30%) and the identification of potential solutions that may increase the flow of investment, both public and private, towards the recovery of these habitats 70%. Next Steps If interested in this project potential bidders are invited to download the following documents and complete the acceptance form of our terms and conditions attached to the invitation to tender letter (ITT). * Invitation to Tender letter (ITT) - Proforma Form to be completed * Instructions for Tenderers (submission of bids) PS4a * Annex A * JNCC General terms and conditions * JNCC Quality Assurance Policy * T&S rates (if applicable to this contract) Timetable * Date for return of tender: Friday 14 January 2022 @ 16:00 hours * Proposed start date: 24 January 2022 * Proposed end date: 28 March 2022 Additional information: You are invited by JNCC Support Co (JNCC) to submit a tender 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-b5fd17-3a39c98e-35cf-43b8-a22e-904f63d58bca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cfaae65a-7822-49f4-9d60-d9dbf71c0c70
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

90 - Sewage, refuse, cleaning and environmental services

CPV Codes

90700000 - Environmental services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Dec 20214 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
24 Jan 2022 - 28 Mar 2022 1-6 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 562626

Buyer Location

Locality
PETERBOROUGH
Postcode
PE1 1JY
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
Central
Westminster Constituency
Peterborough

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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