Award

Natural Capital Finance Model

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 2 releases in its history.

Award

15 Jan 2018 at 14:52

Award Notice
Tender

20 Nov 2017 at 11:20

Tender Notice
Summary of the contracting process

The UK Department for Environment, Food and Rural Affairs (Defra) has initiated a tender titled "Natural Capital Finance Model" aimed at developing an impactful financing model to enhance private sector investment in natural capital protection and improvement. This open procurement process is currently in the award stage, with the tender period closing on 7 December 2017. The contract, valued at £74,705, commenced on 8 January 2018 and is set to conclude by 31 May 2018. Services are classified under financial consultancy, focusing particularly on economic impact assessments, and the project encompasses delivery across British Overseas Territories, the Channel Islands, Europe, the Isle of Man, and the United Kingdom.

This tender presents significant growth opportunities for businesses engaged in financial consultancy and environmental services, especially those capable of providing technical assistance and innovative financing solutions. Companies that specialise in blending investment strategies, conducting economic assessments, and fostering partnerships for project implementation will find themselves well-positioned to compete for the contract. The emphasis on generating revenue through ecological improvement initiatives further enhances the potential for SMEs and VCSEs that are environmentally focused and have a proven track record in these domains.

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Notice Information

Notice Title

Natural Capital Finance Model

Notice Description

Through the development of the forthcoming HMG 25 Year Environment Plan, Defra has been exploring options to make investing in protecting and enhancing the natural environment more attractive for private sector investors, to supplement public funding. Defra is interested in exploring the potential to create a blended, impact finance model which could: - Crowd-in additional private investment in natural capital protection and enhancement. - Provide capacity building support / technical assistance to projects that would have environmental impact and generate revenue - to stimulate a pipeline of such projects. - Provide below-market-rate and/or patient repayable finance for project implementation costs. - Help to further prove the concept and develop a track record of projects that can generate revenue through improving the natural environment. Additional information: Please note that Defra procurement uses an E-tendering system for Procurement activities. This is currently provided by Bravo Solutions. To access appropriate tendering and contractual documents, please access the E-Tendering portal at https://defra.bravosolution.co.uk", ensuring that your registration includes "Defra". If you have any problems with this system, please contact Bravo on their telephone helpline number 0800 368 4850 or by emailing them at help@bravosolution.co.uk. "

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67843c21-4df8-46e5-b14e-9f0ecffa8091
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/17d92bed-8302-4668-ab3a-5beb21544f64
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66171000 - Financial consultancy services

79311410 - Economic impact assessment

Notice Value(s)

Tender Value
£74,705 Under £100K
Lots Value
Not specified
Awards Value
£74,705 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jan 20188 years ago
Submission Deadline
7 Dec 2017Expired
Future Notice Date
Not specified
Award Date
20 Dec 20178 years ago
Contract Period
8 Jan 2018 - 31 May 2018 1-6 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

VIVID ECONOMICS

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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