Award

PS22408 - Mobilising Local Net Zero Investments - Diverse Solutions for Diverse Places - RFP

UK SBS

This public procurement record has 3 releases in its history.

AwardUpdate

04 Jan 2024 at 15:16

AwardUpdate

04 Jan 2024 at 15:15

Award

03 Feb 2023 at 11:09

Summary of the contracting process

The UK Shared Business Services Ltd (UK SBS) based in Swindon, England, has completed the procurement process for the tender titled "PS22408 - Mobilising Local Net Zero Investments - Diverse Solutions for Diverse Places - RFP" in the services industry category. The procurement method was an open procedure (above threshold), with the tender period ending on December 12, 2022. The contract period started on January 4, 2023, and ended on February 28, 2024, with a total contract value of £359,264 GBP.

This tender by UK SBS presents an opportunity for small and medium enterprises (SMEs) in various regions, including British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom, to engage in market research services related to net zero projects. Businesses suited for this opportunity include those with experience in finance structuring for net zero portfolios and knowledge of funding models for local net zero projects. The focus is on exploring developmental financial needs of local authorities to secure funding for net zero projects, supporting diverse local net zero funding solutions, and addressing potential market failures in financing place-based projects.

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Notice Title

PS22408 - Mobilising Local Net Zero Investments - Diverse Solutions for Diverse Places - RFP

Notice Description

***Modification of the Contract*** Contract Variation PS22408 001 has extended the contract term 31st May 2023 to 29th September 2023. Contract Variation PS22408 002 has extended the contract term from 29th September 2023 to 28th February 2024 and has increased the total contract value from PS293,154.00 to PS359,264.00 excluding VAT. Brief Description of Requirement The aim of this research is to explore to what extent local authorities outside of core cities and combined authorities could pursue an accelerated pathway to securing finance for their net zero projects while large scale solutions are in development. The objectives are: - To understand the needs of local authorities outside of CC's and CA's when it comes to the development and financial structuring of their cross-sector net zero portfolios via PFER's portfolio of SLES projects - Assess whether, and to what extent, these needs differ to those of CC's and CA's and if so, what financial solutions, support and innovation may be required to ensure they have adequate access to finance for their net zero projects - Build on the SLES investor panel work to understand o what kind of financial framework/structuring could prevent investor cherry-picking and enable whole-system value to be achieved o what level of project standardisation is required/possible to achieve strong levels of investability across a place-based portfolio using SLES as an example - Identify suitable funding models and assess whether they lend themselves to a particular set of either place-based or project characteristics that might allow the development of a more diverse set of (archetypal) local net zero funding solutions - Better understand potential market failures around financing place-based net zero projects which could be addressed by future programmes - Support and inform emerging solutions under development by BEIS, 3Ci and UKIB - Provide direct support to PFER projects in enhancing their understanding of optimum ways to finance their SLES Please ensure you review all attached information to ensure a full understanding of this requirement. All attachments can be found with the Supplier Attachments tab within the Jaggaer eSourcing Portal. This contract will be awarded based on the evaluation criteria as set out in the RFP document. How to Apply UK Shared Business Services Ltd (UK SBS) will be using the Jaggaer eSourcing Portal for this procurement. To register on the Jaggaer eSourcing portal please use the link https://beisgroup.ukp.app.jaggaer.com/ and follow the instructions to register as a supplier. If you are already registered on the Jaggaer eSourcing Portal and wish to participate in this procurement, please use the link: https://beisgroup.ukp.app.jaggaer.com/. Once you are logged into the system you will be able to locate the Procurement you wish to leave a bid on by clicking the ITTs Open to All Suppliers and searching for the reference number PS22408

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6547acc9-9c32-4002-a0b7-9be741637c92
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/06a78823-bfb4-47a0-8ec2-c8092ccc019a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79310000 - Market research services

Notice Value(s)

Tender Value
£359,264 £100K-£500K
Lots Value
Not specified
Awards Value
£359,264 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jan 20242 years ago
Submission Deadline
12 Dec 2022Expired
Future Notice Date
Not specified
Award Date
29 Dec 20223 years ago
Contract Period
10 Jan 2023 - 28 Feb 2024 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UK SBS
Additional Buyers

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS

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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