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Prototype Retrofit Project

LONDON BOROUGH OF CAMDEN

This public procurement record has 1 release in its history.

Award

19 Dec 2025 at 16:20

Summary of the contracting process

The London Borough of Camden has completed the procurement process for the "Prototype Retrofit Project," intended to develop a rooftop solar PV generation and battery energy storage systems solution across its properties. The procurement, classified under services and industry categories such as Electricity, Solar Energy, and Construction Work, involved a direct award method justified by the uniqueness of the prototype development. Legal & General Assurance Society Limited and Sero Life Limited have been selected as suppliers. Located in London, the contract, valued at £110,000,000, starts on April 2, 2026, and runs until April 3, 2056, with an energy services agreement being a central feature. Initial legal and financial structures were developed to provide residents with discounted energy bills, marking the project's noteworthy economic sustainability goals.

This tender presents significant business growth potential, especially for firms involved in energy services, construction, and innovation in energy solutions. Companies specialising in solar energy installation, battery storage systems, and financing mechanisms stand to benefit, particularly those focused on public sector collaborations. SMEs with expertise in renewable projects can leverage this prototype's promise of being part of a government-backed sustainability initiative. The substantial contract value and the long-term nature of this project create a stable revenue stream, with the possibility of wider applications in future decarbonisation efforts by London Borough of Camden and other entities alike.

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Notice Title

Prototype Retrofit Project

Notice Description

The London Borough of Camden (LBC) is proposing to develop a prototype solution to install rooftop solar PV generation and battery energy storage systems (BESS) to generate, store and optimise power usage at properties. The solution will develop a billing platform to provide residents with discounted energy bills and paying back the investor. The billing platform, payback mechanism and associated legal and financing structures are bespoke to the prototype. It is envisaged that the project will comprise an Energy Services Agreement (ESA) with a Special Purpose Vehicle (ESCo) and a number of supporting and ancillary contractual arrangements for the development of the prototype solution (including initial appointments for development services prior to entering into the ESA and other main project documents).

Procurement Information

The relevant justifications are paragraph 2 (Prototypes and development) and paragraph 5 (single suppliers) of Schedule 5 of the Procurement Act 2023. Paragraph 2 of Schedule 5 (Prototypes and development): The project is being developed by LBC as a prototype to test the suitability of a retrofit solution to provide more affordable and more sustainable homes for its residents. It is being developed with L&G, supported by a specialist energy services platform provided by Sero. The prototype seeks to test the suitability and viability of an off-balance sheet, project finance structure (ESCo) that will provide the funding, installation, maintenance and operation of Energy-as-a-Service assets (Solar PV and BESS) onto residential properties owned by LBC for 30 year period. The project is unprecedented in both its offering and scale and duration. Approximately 3,000 homes are within scope, representing approximately 9% of LBC's housing stock. This is a prototype which is part of a wider programme of piloting different routes to decarbonisation. It involves the development of novel goods and services at the request of LBC as a trial for an even larger investment at some point in the future, which it is envisaged can be made subject to a competitive procurement. Paragraph 5 of Schedule 5 (single suppliers): the project is being developed by LBC together with a partnership between L&G and Sero who have developed know-how and other intellectual property rights relevant to the prototype solution LBC wishes to develop. LBC is not aware of any reasonable alternatives that would allow for a competitive procurement of the proposed prototype.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05face
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085088-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

09 - Petroleum products, fuel, electricity and other sources of energy

45 - Construction work

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

09300000 - Electricity, heating, solar and nuclear energy

45000000 - Construction work

66000000 - Financial and insurance services

71314000 - Energy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£110,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
19 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Dec 20252 months ago
Contract Period
1 Apr 2026 - 3 Apr 2056 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF CAMDEN
Contact Name
Not specified
Contact Email
procurement@camden.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N1C 4AG
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
King's Cross
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
2
Supplier Names

LEGAL AND GENERAL ASSURANCE SOCIETY

SERO LIFE

Open Contracting Data Standard (OCDS)

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