Award

UKRI-4094 Financing Net Zero: Blended Finance Sectors

UK RESEARCH & INNOVATION

This public procurement record has 2 releases in its history.

Award

26 Nov 2024 at 14:05

Tender

26 Jul 2024 at 13:05

Summary of the contracting process

UK Research & Innovation (UKRI), located in Swindon, has initiated a public procurement process for research services under the project titled "UKRI-4094 Financing Net Zero: Blended Finance Sectors" in the research industry category. The procurement is in the award stage as of 26 November 2024. The key contract, valued at £416,666.66 and topped with a subsequent contract value of £376,600, focuses on exploring how private finance can be scaled through new investment products, providing data and insights, and developing track records to attract capital into the market. The procurement was conducted via an open procedure, with submissions concluding by 09 September 2024, and the contract signed on 25 November 2024 with Carbon Limiting Technologies Limited.

This tender presents significant growth opportunities for businesses specialising in research services, especially small or medium enterprises (SMEs) that can develop detailed analyses, create product offerings, and engage with stakeholders efficiently. The emphasis on technical quality and social value in the award criteria, combined with the substantial financial backing, makes this tender particularly attractive for research firms capable of delivering high-quality insights and strategic rationales. Businesses focused on innovation in private finance, particularly within the UK market, will find this project aligns with their expertise and capabilities, providing a platform to demonstrate value and foster sectoral development.

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

UKRI-4094 Financing Net Zero: Blended Finance Sectors

Notice Description

UKRI requires research services to help explore how private finance can be scaled through new investment products, provide data and insights, and develop track records to encourage capital into the market.

Lot Information

Lot 1

The scope of this Contract will include the provision of: Developing broad evidence across a range of verticals to assess finance gaps, sectoral importance to the UK, market failures leading to a decision on which verticals to prioritise. Creating detailed analysis of the priority verticals to assess pipeline, specific market barriers, and broad product options leading to narrowign down of the product options. Creating a detailed rationale for each product offering including clear rationale, benefits, product design options, scaling options, investment rationale and which options represent the greatest value of money. Delivering a recommended approach, including a strategic rationale, economic case, and broad delivery structure. The supplier will also be responsible for engaging with stakeholders and disseminating communications.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048506
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038171-2024
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£416,666 £100K-£500K
Lots Value
£416,666 £100K-£500K
Awards Value
Not specified
Contracts Value
£376,600 £100K-£500K

Notice Dates

Publication Date
26 Nov 20241 years ago
Submission Deadline
9 Sep 2024Expired
Future Notice Date
Not specified
Award Date
25 Nov 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
UK RESEARCH & INNOVATION
Contact Name
Liam Lock
Contact Email
nercprocurement@ukri.org
Contact Phone
+44 7706672289

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
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
TLK14 Swindon

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

CARBON LIMITING TECHNOLOGIES

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-048506-2024-11-26T14:05:15Z",
    "date": "2024-11-26T14:05:15Z",
    "ocid": "ocds-h6vhtk-048506",
    "description": "The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://ukri.delta-esourcing.com/delta/viewNotice.html?noticeId=905562808 GO Reference: GO-20241126-PRO-28661263",
    "initiationType": "tender",
    "tender": {
        "id": "UKRI-4094",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "UKRI-4094 Financing Net Zero: Blended Finance Sectors",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "73110000",
            "description": "Research services"
        },
        "mainProcurementCategory": "services",
        "description": "UKRI requires research services to help explore how private finance can be scaled through new investment products, provide data and insights, and develop track records to encourage capital into the market.",
        "value": {
            "amount": 416666.66,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "The scope of this Contract will include the provision of: Developing broad evidence across a range of verticals to assess finance gaps, sectoral importance to the UK, market failures leading to a decision on which verticals to prioritise. Creating detailed analysis of the priority verticals to assess pipeline, specific market barriers, and broad product options leading to narrowign down of the product options. Creating a detailed rationale for each product offering including clear rationale, benefits, product design options, scaling options, investment rationale and which options represent the greatest value of money. Delivering a recommended approach, including a strategic rationale, economic case, and broad delivery structure. The supplier will also be responsible for engaging with stakeholders and disseminating communications.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Technical / Quality",
                            "type": "quality",
                            "description": "60"
                        },
                        {
                            "name": "Social Value",
                            "type": "quality",
                            "description": "10"
                        },
                        {
                            "name": "Price",
                            "type": "cost",
                            "description": "30"
                        }
                    ]
                },
                "value": {
                    "amount": 416666.66,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 180
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKK14"
                    },
                    {
                        "region": "UKK14"
                    }
                ],
                "deliveryLocation": {
                    "description": "Swindon"
                },
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission",
            "written"
        ],
        "submissionMethodDetails": "https://ukri.delta-esourcing.com/respond/T8T484V43K",
        "communication": {
            "atypicalToolUrl": "https://ukri.delta-esourcing.com/respond/T8T484V43K"
        },
        "documents": [
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-09-09T14:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "durationInDays": 90
            }
        },
        "awardPeriod": {
            "startDate": "2024-09-09T14:00:00+01:00"
        },
        "bidOpening": {
            "date": "2024-09-09T14:00:00+01:00"
        },
        "hasRecurrence": false
    },
    "parties": [
        {
            "id": "GB-FTS-119633",
            "name": "UK Research & Innovation",
            "identifier": {
                "legalName": "UK Research & Innovation"
            },
            "address": {
                "streetAddress": "UK Research and Innovation, Polaris House, North Star Avenue",
                "locality": "Swindon",
                "region": "UKK14",
                "postalCode": "SN2 1FL",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Liam Lock",
                "telephone": "+44 7706672289",
                "email": "Nercprocurement@ukri.org",
                "url": "https://ukri.delta-esourcing.com/respond/T8T484V43K"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.ukri.org",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "description": "Research"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-1496",
            "name": "UK Research & Innovation",
            "identifier": {
                "legalName": "UK Research & Innovation"
            },
            "address": {
                "streetAddress": "Polaris House, North Star Avenue",
                "locality": "Swindon",
                "postalCode": "SN2 1FL",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-131296",
            "name": "Carbon Limiting Technologies Limited",
            "identifier": {
                "legalName": "Carbon Limiting Technologies Limited",
                "id": "05987014"
            },
            "address": {
                "streetAddress": "Orchard House, Crondall Road, Crookham Village",
                "locality": "Fleet",
                "region": "UKJ37",
                "postalCode": "GU51 5SY",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-119633",
        "name": "UK Research & Innovation"
    },
    "language": "en",
    "awards": [
        {
            "id": "038171-2024-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-131296",
                    "name": "Carbon Limiting Technologies Limited"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "038171-2024-1",
            "awardID": "038171-2024-1",
            "status": "active",
            "value": {
                "amount": 376600,
                "currency": "GBP"
            },
            "dateSigned": "2024-11-25T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 9
            },
            {
                "id": "2",
                "measure": "smeBids",
                "relatedLot": "1",
                "value": 3
            },
            {
                "id": "3",
                "measure": "foreignBidsFromEU",
                "relatedLot": "1",
                "value": 0
            },
            {
                "id": "4",
                "measure": "foreignBidsFromNonEU",
                "relatedLot": "1",
                "value": 1
            },
            {
                "id": "5",
                "measure": "electronicBids",
                "relatedLot": "1",
                "value": 9
            }
        ]
    }
}