Award

Provision of Sustainable Finance to MMO

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 2 releases in its history.

Award

21 Dec 2022 at 13:52

Tender

02 Sep 2022 at 14:26

Summary of the contracting process

The Marine Management Organisation (MMO) is seeking to commission a financial specialist for the provision of Sustainable Finance on behalf of the UK Government. This opportunity falls within the financial consultancy services category and aims to enhance marine protection and management for UK Overseas Territories until the end of March 2025. The procurement process initiated by the Defra Network eTendering Portal is currently in the award stage, with an active contract valued at £556,700 signed on 9th November 2022.

This tender presents opportunities for financial consultancy services firms to contribute to sustainable marine finance. Businesses specialised in financial services, particularly those focusing on sustainable financing mechanisms, are well-suited to compete for this contract. The procurement method is an open procedure, offering a transparent and competitive process for interested bidders. The location for service delivery is within the UK, and the deadline for submissions under this tender was on 3rd October 2022.

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Notice Title

Provision of Sustainable Finance to MMO

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.

Lot Information

Lot 1

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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03657b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036208-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
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
£560,000 £500K-£1M
Lots Value
£560,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£556,700 £500K-£1M

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 2025 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DEFRA NETWORK ETENDERING PORTAL
Additional Buyers

DEFRA

Contact Name
Not specified
Contact Email
network.procurement@defra.gov.uk
Contact Phone
+44 2072385921

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)

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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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