Award

2024 Climate Scenario Analysis

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

17 Dec 2025 at 13:40

UK7 - Contract Details Notice
Summary of the contracting process

The contract awarded by The Mayor and Commonalty and Citizens of the City of London involves conducting the 2024 Climate Scenario Analysis for Financial Investments. This procurement process falls under the services category, specifically financial consultancy services, and was awarded to Mercer. The process utilised a limited procurement method, indicative of below-threshold, limited competition. Located in London, this contract commenced on 20th November 2024 and is scheduled to conclude by 31st March 2025. This contract, with a gross amount of £58,200, was signed on the commencement date and signifies the completion stage of the procurement process.

The awarded contract presents growth opportunities for businesses specialised in financial consultancy or climate scenario analysis, particularly those interested in contributing to financial investment strategies. Although a limited competition method was used, businesses with experience in public authority engagements and strategic climate analysis would find opportunities in similar tenders issued by sub-central government entities like the City of London. Large-scale firms, such as Mercer, which already possess the necessary expertise and infrastructure, showed their competitive edge in securing this tender. Businesses aiming to expand in this domain should consider enhancing their capabilities in financial consultancy services for governmental bodies.

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Notice Information

Notice Title

2024 Climate Scenario Analysis

Notice Description

Service to carry out the Corporation's second Climate Scenario Analysis for Financial Investments.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f7ea
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083860-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£48,500 Under £100K

Notice Dates

Publication Date
17 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Nov 20241 years ago
Contract Period
20 Nov 2024 - 31 Mar 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
Contact Name
Not specified
Contact Email
ajibola.akingbade@cityoflondon.gov.uk
Contact Phone
020 7606 3030

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Further Information

Notice Documents

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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