Award

Green Finance Toolkit

DEPARTMENT FOR ENERGY SECURITY & NET ZERO

This public procurement record has 3 releases in its history.

Award

15 Aug 2024 at 10:04

TenderUpdate

29 Apr 2024 at 09:35

Tender

03 Apr 2024 at 13:44

Summary of the contracting process

The Department for Energy Security & Net Zero has announced the completion of the Green Finance Toolkit project. This procurement, classified under the CPV code 75211200 for foreign economic-aid-related services, falls under the services category and aims to develop tools to align global financial flows with the goals of the Paris Agreement. The work was primarily conducted in the UK, and the procurement process used an open procedure method. Awarded to Grant Thornton UK LLP, the contract was signed on 23rd July 2024 for a total value of £268,743. Various criteria, including methodology, team structure, and social value, were considered for this award.

This tender offers significant opportunities for businesses specialising in financial analytics, advisory services, and sustainable finance strategies. The outlined deliverables include internal reports, diagnostic toolkits, and comprehensive guides, making it suitable for firms with expertise in policy frameworks and climate finance. Enterprises with experience in delivering high-quality, technical documentation and stakeholder engagement are particularly well-suited to compete in this procurement. Given the scale and scope, this project could greatly enhance business portfolios dealing with large-scale environmental and economic initiatives.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Green Finance Toolkit

Notice Description

Background Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system. The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming. Requirements The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement. These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.

Lot Information

Lot 1

Background Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system. The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming. Requirements The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement. These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia. Additional information: Price is not the only award criterion and all criteria are stated only in the procurement documents. Tender was run using price per quality point methodology.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044f51
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025925-2024
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

75 - Administration, defence and social security services


CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£370,000 £100K-£500K
Lots Value
£370,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£268,743 £100K-£500K

Notice Dates

Publication Date
15 Aug 20241 years ago
Submission Deadline
8 May 2024Expired
Future Notice Date
Not specified
Award Date
22 Jul 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENERGY SECURITY & NET ZERO
Additional Buyers

DEPARTMENT FOR ENERGY SECURITY AND NET ZERO

Contact Name
Not specified
Contact Email
internationalclimateandenergy.procurement@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SALFORD
Postcode
M3 5BS
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Blackfriars & Trinity
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-044f51-2024-08-15T11:04:20+01:00",
    "date": "2024-08-15T11:04:20+01:00",
    "ocid": "ocds-h6vhtk-044f51",
    "initiationType": "tender",
    "tender": {
        "id": "prj_3312",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Green Finance Toolkit",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "75211200",
            "description": "Foreign economic-aid-related services"
        },
        "mainProcurementCategory": "services",
        "description": "Background Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system. The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming. Requirements The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement. These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.",
        "value": {
            "amount": 370000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "Background Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system. The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming. Requirements The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement. These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia. Additional information: Price is not the only award criterion and all criteria are stated only in the procurement documents. Tender was run using price per quality point methodology.",
                "value": {
                    "amount": 370000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 240
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "allowed"
                },
                "hasOptions": false,
                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Methodology",
                            "type": "quality",
                            "description": "40"
                        },
                        {
                            "name": "Team structure, experience, and technical expertise",
                            "type": "quality",
                            "description": "30"
                        },
                        {
                            "name": "Contract management",
                            "type": "quality",
                            "description": "20"
                        },
                        {
                            "name": "Social Value",
                            "type": "quality",
                            "description": "10"
                        },
                        {
                            "type": "price",
                            "description": "100"
                        }
                    ]
                }
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    },
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission",
            "written"
        ],
        "submissionMethodDetails": "https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=57972",
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-05-08T13:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "endDate": "2024-05-08T23:59:59+01:00"
            }
        },
        "awardPeriod": {
            "startDate": "2024-05-08T13:00:00+01:00"
        },
        "bidOpening": {
            "date": "2024-05-08T13:00:00+01:00"
        },
        "hasRecurrence": false,
        "amendments": [
            {
                "id": "1",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "IV.2.2) Time limit for receipt of tenders or requests to participate Date 8 May 2024 Local time 1:00pm IV.2.4) Languages in which tenders or requests to participate may be submitted English IV.2.6) Minimum time frame during which the tenderer must maintain the tender Tender must be valid until: 8 May 2024 IV.2.7) Conditions for opening of tenders Date 8 May 2024 Local time 1:00pm"
                        },
                        "newValue": {
                            "text": "IV.2.2) Time limit for receipt of tenders or requests to participate Date 17 May 2024 Local time 1:00pm IV.2.4) Languages in which tenders or requests to participate may be submitted English IV.2.6) Minimum time frame during which the tenderer must maintain the tender Tender must be valid until: 17 August 2024 IV.2.7) Conditions for opening of tenders Date 17 May 2024 Local time 1:00pm"
                        },
                        "where": {
                            "section": "IV.2."
                        }
                    }
                ]
            }
        ]
    },
    "parties": [
        {
            "id": "GB-FTS-104809",
            "name": "Department for Energy Security and Net Zero",
            "identifier": {
                "legalName": "Department for Energy Security and Net Zero"
            },
            "address": {
                "streetAddress": "Trinity Bridge House, 2 Dearmans Place",
                "locality": "Salford",
                "region": "UK",
                "postalCode": "M3 5BS",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "internationalclimateandenergy.procurement@energysecurity.gov.uk",
                "url": "https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=57972"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "MINISTRY",
                        "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "05",
                        "description": "Environmental protection"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-109729",
            "name": "Department for Energy Security and Net Zero Integrated Corporate Services",
            "identifier": {
                "legalName": "Department for Energy Security and Net Zero Integrated Corporate Services"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-112278",
            "name": "Department for Energy Security and Net Zero",
            "identifier": {
                "legalName": "Department for Energy Security and Net Zero"
            },
            "address": {
                "locality": "Salford",
                "region": "UK",
                "postalCode": "M3 5BS",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "internationalclimateandenergy.procurement@energysecurity.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero"
            }
        },
        {
            "id": "GB-FTS-121566",
            "name": "Department for Energy Security & Net Zero",
            "identifier": {
                "legalName": "Department for Energy Security & Net Zero"
            },
            "address": {
                "streetAddress": "Trinity Bridge House, 2 Dearmans Place",
                "locality": "Salford",
                "region": "UK",
                "postalCode": "M3 5BS",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "internationalclimateandenergy.procurement@energysecurity.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "MINISTRY",
                        "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "05",
                        "description": "Environmental protection"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-3720",
            "name": "Grant Thornton UK LLP",
            "identifier": {
                "legalName": "Grant Thornton UK LLP",
                "id": "OC307742"
            },
            "address": {
                "streetAddress": "30 Finsbury Square",
                "locality": "London",
                "region": "UK",
                "postalCode": "EC2A 1AG",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-121566",
        "name": "Department for Energy Security & Net Zero"
    },
    "language": "en",
    "awards": [
        {
            "id": "025925-2024-1",
            "relatedLots": [
                "1"
            ],
            "title": "Green Finance Toolkit",
            "status": "active",
            "hasSubcontracting": true,
            "subcontracting": {
                "minimumPercentage": 0.4,
                "maximumPercentage": 0.4,
                "description": "Survey responses and stakeholder engagement"
            },
            "suppliers": [
                {
                    "id": "GB-FTS-3720",
                    "name": "Grant Thornton UK LLP"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "025925-2024-1",
            "awardID": "025925-2024-1",
            "title": "Green Finance Toolkit",
            "status": "active",
            "value": {
                "amount": 268743,
                "currency": "GBP"
            },
            "dateSigned": "2024-07-23T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 8
            },
            {
                "id": "2",
                "measure": "electronicBids",
                "relatedLot": "1",
                "value": 8
            }
        ]
    }
}