Tender

Innovative finance for urban trees

THE NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY

This public procurement record has 2 releases in its history.

TenderAmendment

16 Aug 2023 at 07:45

Tender Notice
Tender

07 Aug 2023 at 11:09

Tender Notice
Summary of the contracting process

The National Trust for Places of Historic Interest or Natural Beauty is seeking consultancy services for the project titled "Innovative finance for urban trees." This project aims to develop new finance opportunities to support urban tree planting and create a green finance flow chart. The procurement stage is currently in the tender phase, with a tender deadline set for 25th August 2023. The project is located in the United Kingdom and falls under the main procurement category of services.

This tender opportunity presents a chance for SMEs in the financial consultancy services sector to engage with a forward-thinking project focusing on environmental and social outcomes. Businesses that specialise in finance, environmental sustainability, and urban development would be well-suited to compete for this contract. The project's open procurement method encourages competition and innovation in providing solutions for urban green finance, offering growth opportunities for businesses in the sector.

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Notice Information

Notice Title

Innovative finance for urban trees

Notice Description

The primary purpose of this brief is to commission a suitably qualified consultant to deliver an options appraisal for new innovative finance products for urban trees and create a flow chart to help local authorities and others quickly identify what type of green finance might be most suitable for the type of urban forest they have, or wat to develop. More detail of the specific objectives of this work and the deliverables required is set out below: I. Discovery, development and design of new innovative finance opportunities for urban trees and forests based on delivery of environmental, social and economic outcomes. a. The focus for this work should be on identifying/designing funding models for urban tree planting which isn't viable for established natural capital markets (e.g. carbon, BNG), which could be structured around contributing to: i. Reducing air pollution ii. Workplace recruitment/retention iii. Reducing urban heat islands iv. NFM and SUDs v. Social prescribing b. Responding to identified gaps in the market and evidenced outcomes, the successful consultants are required to undertake an initial options appraisal of innovative funding models for urban trees and woods. c. The consultants will then seek to develop one of those ideas further, building the business case for that new product or approach. This would include undertaking the following core tasks: i. Design of business models ii. Stakeholder engagement to assess willingness to pay and prices iii. Financial modelling iv. Investment case where modelling illustrates viability v. High level recommendations on legal and operational models, where investment case is promising. d. As this is a developing and rapidly changing sector, the work will need to consider local and national projects, context and policy. For example, initiatives such as West Midlands Combined Authority's Local Investment in Natural Capital programme could have an impact on the feasibility of potential models in Birmingham. Such initiatives should therefore be considered an analysing opportunities for innovative finance models. II. Development of Green Finance Flow Chart Developing a simple Urban Forest Green Finance Flow Chart to help local authorities and others quickly identify what type of green finance might be most suitable for the type of urban forest they have in their area. For example it should quickly and easily help to identify the main sources of innovative finance for e.g. new trees, planted in a woodland-setting in peri urban locations. Tenders should not exceed 10 pages in length and will be assessed against a range of weighted criteria, outlined below: Criteria Quality - 30% Methodology - 30% Value for money - 20% Past experience - 10% Social impact - 10% Please submit proposals by email before the deadline of 12:00 noon on 25 August, to the following contact: David Coughlin david.coughlin@nationaltrust.org.uk 07929 668146

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cc352b22-e3aa-4a2d-b0b1-6966cc3d6fb2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f4429dd-01e4-4b46-b9e4-323d627b67ca
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

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£33,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Aug 20232 years ago
Submission Deadline
18 Aug 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Aug 2023 - 1 Jun 2024 6-12 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 NATIONAL TRUST FOR PLACES OF HISTORIC INTEREST OR NATURAL BEAUTY
Contact Name
David Coughlin
Contact Email
david.coughlin@nationaltrust.org.uk
Contact Phone
07929668146

Buyer Location

Locality
SWINDON
Postcode
SN2 2NA
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
Mannington and Western
Westminster Constituency
Swindon South

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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