Tender

Green Finance

THE OFFICE FOR ENVIRONMENTAL PROTECTION

This public procurement record has 2 releases in its history.

TenderAmendment

05 Dec 2023 at 14:36

Tender Notice
Tender

17 Nov 2023 at 16:45

Tender Notice
Summary of the contracting process

The Office for Environmental Protection has awarded a contract for the "Green Finance" project, focusing on financing government environmental goals. The contract involves financial consultancy and environmental services, with a total value of £59,701.15. The procurement method was an open procedure with a minimum value of £40,000 and a tender deadline of 8th December 2023. The contract period is from 18th December 2023 to 22nd March 2024.

This tender offers opportunities for businesses in the financial consultancy and environmental services sectors to contribute to the mobilisation of private finance for environmental projects. Small and medium enterprises (SMEs) are particularly suited to engage in this project. Businesses interested in integrating environmental factors into decision-making processes and supporting nature markets would find this tender beneficial for their growth.

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Notice Information

Notice Title

Green Finance

Notice Description

3.1 We recognise the successful delivery of government environmental goals will require a significant uplift in the levels of both public and private investment, and involve the mobilisation of private finance, more broadly, in supporting these goals. We plan to monitor and hold HM government to account in realising their plans for mobilising green finance, as outlined in the recently published Green Finance Strategy and Nature Markets Framework. 3.2 This foundational project should help us to develop our understanding of themes and issues relevant to green finance. Our focus is how green finance can best be mobilised at scale and pace to support the delivery of the government's Environmental Improvement Plan (EIP). 3.3 Specifically, we're interested in the mobilisation of private finance through supporting efforts to integrate environmental factors into core decision making and markets (e.g. environmental disclosure, creating nature markets). We're also interested in where the private investment flows are going (e.g. sector, activity, environmental outcome). 3.4 Our remit is to assess progress across all 10 goal areas of the Environmental Improvement Plan (EIP). Within the broad scope of the EIP, we are currently most focused on improving nature at sea and on land, specifically targets relating to halting the decline in biodiversity (species abundance) by 2030 and reversing this decline by 2042, and water quality, specifically achieving good ecological status, and reducing diffuse agricultural pollution

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9287d58b-75a5-443c-98af-aa81c1563b19
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e84b17c4-1798-4031-a574-665e116b0307
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

90 - Sewage, refuse, cleaning and environmental services

CPV Codes

66171000 - Financial consultancy services

90700000 - Environmental services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Dec 20232 years ago
Submission Deadline
8 Dec 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
18 Dec 2023 - 22 Mar 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE OFFICE FOR ENVIRONMENTAL PROTECTION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WORCESTER
Postcode
WR5 2NP
Post Town
Worcester
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
Not specified
Local Authority
Worcester
Electoral Ward
Nunnery
Westminster Constituency
Worcester

Further Information

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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