Tender

BHIVE - Heat Networks Investment Vehicle

DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS)

This public procurement record has 5 releases in its history.

Tender

31 Mar 2023 at 13:50

TenderAmendment

09 Apr 2021 at 10:44

TenderAmendment

09 Apr 2021 at 10:43

Tender

09 Apr 2021 at 10:38

Tender

04 Dec 2020 at 11:25

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a tender titled "BEIS Heat Networks Investment Vehicle (BHIVE)" under the District heating category. The tender aims to establish a competitively procured arrangement to facilitate investment in Heat Network projects in England and Wales. The BHIVE DPS is open for applications until 31st March 2025. The procurement method is a selective process with a contract period from 1st April 2025 to 2nd April 2025.

This tender presents opportunities for businesses, especially in the services sector, to participate in financing heat network projects. Small and medium-sized enterprises (SMEs) and venture capital service providers are well-suited to compete in this opportunity. The Department for Business, Energy & Industrial Strategy (BEIS) is the contracting authority offering this opportunity for investment in heat network projects, providing a pathway for business growth and collaboration within the public sector in England and Wales.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

BHIVE - Heat Networks Investment Vehicle

Notice Description

The aim of the BHIVE DPS is to establish a competitively procured arrangement that will facilitate investment (equity and asset finance) into Heat Network projects and provide projects with access to an investor base with the experience, appetite and capabilities to deliver successful heat network projects. BEIS would expect the DPS to be utilised by Potential Providers (suppliers) to provide investment (equity and asset finance) and ancillary services to support the delivery of Heat Network projects. The BHIVE DPS will be open to all public sector in England and Wales only. Further Information can be accessed via https://tp-heatnetworks.org/bhive. The BHIVE DPS will be accepting applications until the 31st March 2025. Additional information: The Department for Business, Energy and Industrial Strategy has exercised its option to extend the BHIVE Dynamic Purchasing System ("DPS") for a further 2 years as contemplated in the original Contract Finder notice. The BHIVE DPS will now expire on the 31 March 2025. Alongside the extension, the Department has taken the opportunity to update the BHIVE guidance documentation to better reflect the ability of Lot 1 funders to assist in the commercialisation of earlier stage projects. Further guidance has been provided for DPS customers on the requirements of the Investment Summary and the scoping of services under Lot 1 for earlier stage heat network projects.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3fd1b5b7-b8e4-4157-9b6c-0ce755bf8665
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

09 - Petroleum products, fuel, electricity and other sources of energy

66 - Financial and insurance services


CPV Codes

09323000 - District heating

66110000 - Banking services

66122000 - Corporate finance and venture capital services

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
£150,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20232 years ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2025 - 2 Apr 2025 30 days
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
DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS)
Additional Buyers

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY (BEIS)

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
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

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9-2023-03-31T14:50:09+01:00",
    "date": "2023-03-31T14:50:09+01:00",
    "ocid": "ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "TPHeat001-DN513110-88042366",
        "title": "BHIVE - Heat Networks Investment Vehicle",
        "description": "The aim of the BHIVE DPS is to establish a competitively procured arrangement that will facilitate investment (equity and asset finance) into Heat Network projects and provide projects with access to an investor base with the experience, appetite and capabilities to deliver successful heat network projects. BEIS would expect the DPS to be utilised by Potential Providers (suppliers) to provide investment (equity and asset finance) and ancillary services to support the delivery of Heat Network projects. The BHIVE DPS will be open to all public sector in England and Wales only. Further Information can be accessed via https://tp-heatnetworks.org/bhive. The BHIVE DPS will be accepting applications until the 31st March 2025. Additional information: The Department for Business, Energy and Industrial Strategy has exercised its option to extend the BHIVE Dynamic Purchasing System (\"DPS\") for a further 2 years as contemplated in the original Contract Finder notice. The BHIVE DPS will now expire on the 31 March 2025. Alongside the extension, the Department has taken the opportunity to update the BHIVE guidance documentation to better reflect the ability of Lot 1 funders to assist in the commercialisation of earlier stage projects. Further guidance has been provided for DPS customers on the requirements of the Investment Summary and the scoping of services under Lot 1 for earlier stage heat network projects.",
        "datePublished": "2020-12-04T11:25:45Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "09323000",
            "description": "District heating"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66110000",
                "description": "Banking services"
            },
            {
                "scheme": "CPV",
                "id": "66122000",
                "description": "Corporate finance and venture capital services"
            },
            {
                "scheme": "CPV",
                "id": "66190000",
                "description": "Loan brokerage services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 150000000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure",
        "tenderPeriod": {
            "endDate": "2025-03-31T23:59:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-04-01T00:00:00+01:00",
            "endDate": "2025-04-02T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/46a5b85f-d3ee-4771-851f-1748251cd97e",
                "datePublished": "2020-12-04T11:25:45Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/5a37a22b-6a0c-4800-b07c-486182647ec5",
                "datePublished": "2020-12-04T11:25:45Z",
                "dateModified": "2021-04-09T11:44:56+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "3",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/3fd1b5b7-b8e4-4157-9b6c-0ce755bf8665",
                "datePublished": "2020-12-04T11:25:45Z",
                "dateModified": "2023-03-31T14:50:09+01:00",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-168059",
            "name": "Department for Business, Energy & Industrial Strategy (BEIS)",
            "identifier": {
                "legalName": "Department for Business, Energy & Industrial Strategy (BEIS)"
            },
            "address": {
                "streetAddress": "2nd Floor, 1 Victoria Street",
                "locality": "London",
                "postalCode": "SW1H 0ET",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Heat Networks Team",
                "email": "bhive.dpsmailbox@beis.gov.uk",
                "telephone": "01937 545945"
            },
            "details": {
                "url": "https://tp-heatnetworks.org/bhive"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-241004",
            "name": "Department for Business, Energy and Industrial Strategy (BEIS)",
            "identifier": {
                "legalName": "Department for Business, Energy and Industrial Strategy (BEIS)"
            },
            "address": {
                "streetAddress": "2nd Floor, 1 Victoria Street",
                "locality": "London",
                "postalCode": "SW1H 0ET",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Heat Networks Team",
                "email": "bhive.dpsmailbox@beis.gov.uk",
                "telephone": "01937 545 945"
            },
            "details": {
                "url": "https://tp-heatnetworks.org/bhive/"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-241004",
        "name": "Department for Business, Energy and Industrial Strategy (BEIS)"
    }
}