Award

RAF042/2223 - Research on the impact to companies of the EU's Green Taxonomy Framework

BEIS

This public procurement record has 2 releases in its history.

AwardUpdate

18 Aug 2023 at 08:07

Award

05 Jul 2023 at 09:00

Summary of the contracting process

The Department for Business, Energy and Industrial Strategy (BEIS) has awarded a contract for a research project titled "RAF042/2223 - Research on the impact to companies of the EU's Green Taxonomy Framework". The procurement falls under the main procurement category of services and has been completed using a selective procurement method with details available under the CPV classification code 73000000. The contract period spans from 7th July 2023 to 29th December 2023. The tender deadline was on 9th June 2023.

This research tender by BEIS offers business growth opportunities for companies involved in research and development services and related consultancy services. Small and medium-sized enterprises (SMEs) could particularly benefit from competing for such tenders, which aim to enhance understanding of corporate disclosures against green taxonomies and compliance challenges faced by companies. The project seeks to identify opportunities to reduce compliance burdens and improve the quality of information, creating a space for innovative solutions within the scope of the EU's Green Taxonomy Framework.

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Notice Title

RAF042/2223 - Research on the impact to companies of the EU's Green Taxonomy Framework

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS DPS RM6126 Research and Insights. Brief Description of Requirement The research aim is to improve the evidence base on the expected benefits from a UK green taxonomy, corporate disclosures against such a taxonomy, and understanding any barriers to achieving these by engaging companies who have had to comply with the EU requirements. More specifically, DBT want this research to: - Identify preparer views towards the framework, as well as the benefits of disclosure for both preparers (i.e., companies) and potential users (i.e., investors and consumers) - for instance, how are the current disclosures (on eligibility) being used, how might alignment disclosures be used in future, and are there any key information gaps that the disclosures would be addressing. - Understand the journey to compliance for EU companies in scope of the EU green taxonomy disclosure obligations - this will provide DBT with a good understanding of the steps to mandatory disclosure. - Identify the most challenging aspects of the compliance journey and the main drivers of cost - this will provide a good understanding of which stages may be more challenging and therefore costly than others. - Identify where amendments should be made along the compliance journey to reduce the burden of compliance and improve the usefulness of information.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-74e362a3-a00b-4dcf-bc45-da3fe3baf4fb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2e78601c-0863-4e2e-92a6-26130d1ac41a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£69,800 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Aug 20232 years ago
Submission Deadline
9 Jun 2023Expired
Future Notice Date
Not specified
Award Date
2 Jul 20232 years ago
Contract Period
6 Jul 2023 - 29 Dec 2023 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BEIS
Contact Name
Not specified
Contact Email
professionalservices@uksbs.co.uk
Contact Phone
Not specified

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

PUBLIC GROUP INTERNATIONAL

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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