Tender

Measuring the level of Private Investment in Nature Recovery

JNCC SUPPORT CO

This public procurement record has 1 release in its history.

Tender

18 Jan 2022 at 11:46

Tender Notice
Summary of the contracting process

The JNCC Support Co is seeking to procure financial consultancy services with the tender titled "Measuring the level of Private Investment in Nature Recovery." This procurement is classified under the CPV code 66171000 and is aimed at developing a methodology to track private investment in nature recovery, aligning with the UK Government's targets for private finance in this area. The tender period concludes on 7 February 2022, with the contract expected to commence on 11 February 2022 and last until 31 March 2022. The contract has a total estimated value of £150,000 and will be awarded through a selective procurement method via a call-off from a framework agreement. The project will take place primarily in the East of England.

This tender presents significant opportunities for businesses specialising in financial consultancy services, particularly those with expertise in environmental finance and biodiversity spending. Companies, especially small and medium-sized enterprises (SMEs), that are capable of developing robust methodologies for tracking and reporting private investment will find this tender particularly relevant. Engaging in this project not only positions businesses at the forefront of sustainability initiatives but also enables them to contribute to the broader goals of nature recovery as outlined by the government.

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Notice Information

Notice Title

Measuring the level of Private Investment in Nature Recovery

Notice Description

The aim of the research is to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology. The UK Government recently committed to a target of private finance into nature recovery for England of PS500 million per annum in 2027, rising to PS1 billion annually by 2030. No existing measures exist to adequately capture private investment in nature within England or the UK. One recent estimate for biodiversity spend in England was by GFI/EFTEC of PS80 million per annum.[1] [1] Microsoft Word - GFI Finance Gap_Appendix 2_Biodiversity spending_final_011021.docx (greenfinanceinstitute.co.uk). Authors acknowledged this was an imprecise estimate. 4. Project Objectives 4. Project Objectives To meet the overall aims of this project (Section 2), the objective is: * to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology. The methodology needs to provide reliable and robust evidence which can be easily replicated and refined in future to enable the consistent tracking of investment flows over time. Contract will be let under CCS Framework RM6187 Lot 2

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f697d9ea-ab54-4be2-ab19-e70cd9bd747a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2571aedd-1c84-4753-a92a-0877fd35ad99
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20224 years ago
Submission Deadline
7 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Feb 2022 - 31 Mar 2022 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
JNCC SUPPORT CO
Contact Name
Not specified
Contact Email
contractqueries@jncc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
PETERBOROUGH
Postcode
PE1 1JY
Post Town
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
Delivery Location
Not specified
Local Authority
Peterborough
Electoral Ward
Central
Westminster Constituency
Peterborough

Further Information

Notice URLs

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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