Tender

Clean Growth Fund

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 6 releases in its history.

TenderAmendment

17 Oct 2018 at 15:44

TenderAmendment

17 Oct 2018 at 15:17

TenderAmendment

17 Oct 2018 at 10:53

TenderAmendment

17 Oct 2018 at 10:41

TenderAmendment

17 Oct 2018 at 09:07

Tender

17 Oct 2018 at 08:15

Summary of the contracting process

The Clean Growth Fund tender, issued by the Business, Energy and Industrial Strategy (BEIS), is currently in the Tender stage. The objective is to solicit proposals for raising and managing a fund aimed at early-stage investments in clean technology, with a total estimated value of £3.3 million. The tender period closes at 12:00 noon on 14th December 2018, and the contract will commence on 1st April 2019, lasting until 31st March 2029. This initiative falls under the Financial and insurance services category, and the fund is expected to contribute significantly to reducing greenhouse gas emissions.

This procurement opportunity offers a prime avenue for growth for businesses engaged in clean technology and investment management. Companies that specialise in developing innovative solutions to combat climate change and those with experience in fund management will find this tender particularly relevant. With the government's support for emerging technologies, this is an excellent chance for small and medium enterprises (SMEs) to participate in the UK's transition to a low-carbon economy.

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Notice Title

Clean Growth Fund

Notice Description

Notice summary: A request for proposals to raise and manage the government's Clean Growth Fund. Description: The Clean Growth Strategy announced the Government's ambition to provide up to PS20 million to support a new clean technology early stage investment fund. In partnership with the private sector, the Clean Growth Fund aims to speed up the deployment of innovative clean technologies that reduce greenhouse gas emissions, by making direct investments in companies seeking to commercialise promising technologies. Further information and the Department for Business, Energy and Industrial Strategy's request for proposals can be found at this link: https://www.gov.uk/government/publications/clean-growth-equity-fund Prospective bidders should consult the request for proposals for further details on 'value of contract' related matters. Additional information: Closing date for return of proposals: 12:00 noon, UK Time 14th December 2018. Prospective bidders should consult the request for proposals for further details on 'value of contract' related matters.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e73dc89-c795-44f8-bfa3-949ff488bfcc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/58974ed2-ec84-4219-b8ec-a766861982a1
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Negotiated Procedure (non-OJEU)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 20187 years ago
Submission Deadline
14 Dec 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2019 - 31 Mar 2029 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
Contact Name
Mike Webster
Contact Email
cgf@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
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

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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