Award

VCM contract with Accenture for research project on the economic benefits of UK carbon markets

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

This public procurement record has 1 release in its history.

Award

28 Jan 2026 at 07:08

Summary of the contracting process

The procurement process, initiated by The Mayor and Commonalty and Citizens of the City of London, involves a completed tender for a VCM contract with Accenture (UK) Limited to conduct a research project evaluating the economic benefits of UK carbon markets. This procurement falls under the services category, specifically for research services, and was conducted through a limited procurement method due to its below-threshold status. The contract was awarded on 7 January 2026, with the project period spanning from 8 January 2026 to 30 March 2026. The procurement is based in London, UK, and aligns with legal guidelines outlined in UK legislation 2023/54.

This tender offers opportunities for businesses focusing on research and consultancy services within the environmental or economic sectors, particularly those interested in carbon market studies. While the contract was awarded to a large, well-established firm like Accenture, similar businesses with expertise in economic analysis, environmental policy, or sustainability consulting could find future opportunities in similar tenders valuable for business growth, depending on demand for specialised knowledge in carbon market impacts and benefits.

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Notice Title

VCM contract with Accenture for research project on the economic benefits of UK carbon markets

Notice Description

To deliver a research project evaluating the economic benefits of the UK carbon market.VCM contract with Accenture for research project on the economic benefits of UK carbon markets

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06104a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007349-2026
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

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£140,000 £100K-£500K

Notice Dates

Publication Date
28 Jan 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Jan 20261 months ago
Contract Period
8 Jan 2026 - 30 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
Contact Name
Not specified
Contact Email
angel-nerice.oggudah@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

ACCENTURE (UK

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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