Award

Provision of of training for ICMA Introduction to Green, Social and Sustainability (GSS) Bonds

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

08 Mar 2022 at 23:25

Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) has awarded a contract for the provision of training related to Green, Social and Sustainability (GSS) Bonds. This procurement falls under the category of Environmental training services and was conducted through a direct, single tender action method. The contractor, International Capital Market Association (ICMA), is tasked with providing this training to 50-100 Chinese capital professionals. The contract period spans from 9th February 2022 to 31st March 2022, and the total contract value is £15,000, with the project funded by the Department of Business, Energy and Industrial Strategy (BEIS). The tender period concluded on 1st December 2021.

This tender presents significant opportunities for businesses specialising in environmental consultancy, training services, or those focused on sustainable finance. It could be particularly advantageous for small to medium enterprises (SMEs) and voluntary and community sector organisations (VCSEs) that can provide expertise in green financing and training. Companies with experience in developing training modules aligned with the Green Bond Principles (GBP) would be well-positioned to compete for similar future contracts, thereby fostering growth in the expanding market of green finance.

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Notice Title

Provision of of training for ICMA Introduction to Green, Social and Sustainability (GSS) Bonds

Notice Description

Foreign, Commonwealth and Development Office (FCDO) awarded the contract to International Capital Market Association (ICMA) to provide training courses for ICMA Introduction to Green, Social and Sustainability (GSS) Bond to Chinese capital professionals, including: issuers, investors, regulators, infrastructural providers etc., in order for them to better understand the Green Bond Principles (GBP). The course is aiming to offer more options to Chinese green finance market. This project is funded by Department of Business, Energy and Industrial Strategy (BEIS) as part of ICF PACT programmes. The project engaged ICMA as single source supplier because ICMA owns the IP of the course, ICMA also develop the principles. The project is expected to train 50-100 capital professionals from Chinese market. The Contract may be extend for a period of up to 6 months.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8a8e2263-534b-4613-af61-a8410bca0af1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f12b3402-03ad-4555-94e6-25bdc2c8e395
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

80540000 - Environmental training services

90713000 - Environmental issues consultancy services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
£15,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Mar 20223 years ago
Submission Deadline
1 Dec 2021Expired
Future Notice Date
Not specified
Award Date
9 Feb 20224 years ago
Contract Period
9 Feb 2022 - 31 Mar 2022 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
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
SW1A 2AH
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

INTERNATIONAL CAPITAL MARKET ASSOCIATION

Open Contracting Data Standard (OCDS)

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