Award

Provision of MMO Sustainable Finance

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Award

21 Dec 2022 at 13:32

Summary of the contracting process

The Marine Management Organisation (MMO) seeks a financial specialist for sustainable finance research to support marine protection in UK Overseas Territories. The procurement process started on December 5, 2022, and will conclude on March 31, 2023. The tender deadline is October 3, 2022. The procurement method is an open procedure above the threshold. The buying organisation is Defra Network eTendering Portal located in London, England. The industry category is financial consultancy services under CPV code 66171000.

This tender presents an opportunity for financial consultancy firms specializing in sustainable finance to collaborate with MMO for marine protection and management. Small and medium-sized enterprises are explicitly suited for this tender. Businesses interested in enhancing marine environmental protection across UK Overseas Territories should consider bidding for this contract. Environmental Finance Ltd. has been awarded the contract worth £556,700 for this project.

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Notice Title

Provision of MMO Sustainable Finance

Notice Description

Through the Blue Belt Programme and on behalf of the UK Government, the Marine Management Organisation (MMO) provides advice and assistance to UK Overseas Territories to enhance the protection and management of their marine environments. Between now and end of March 2025, the MMO wishes to commission a financial specialist to research, including through testing and piloting, a range of sustainable financing mechanisms, plans and approaches that could be applied to mobilise new and more sustainable finance for marine protection and management for UK Overseas Territories. Additional information: The decision to proceed with the next financial year's phase of work will be taken at the start of each financial year (at the start of Financial Year 2023/2024 for work planned in that year, with a further decision at the start of Financial Year 2024/2025 for work planned in that year). The decision to proceed will be dependent on Programme priorities. At this stage, the work is expected to run until the end of Financial Year 2024/2025 and proposals submitted by contractors must, therefore, include a breakdown of work and costs across the three financial years and for the full duration of the project.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a1c7abb9-d80b-4144-be67-3c94d380548a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e6a6db9e-1395-4e06-be89-09315279d81e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£556,700 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20223 years ago
Submission Deadline
3 Oct 2022Expired
Future Notice Date
Not specified
Award Date
9 Nov 20223 years ago
Contract Period
5 Dec 2022 - 31 Mar 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
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

ENVIRONMENTAL FINANCE

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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