Planning

Request for Information (RFI): Climate Risk Analysis Scenario Modelling & Physical Risk Assessment

NATIONAL WEALTH FUND LIMITED

This public procurement record has 3 releases in its history.

PlanningUpdate

17 Mar 2026 at 09:11

PlanningUpdate

16 Mar 2026 at 16:08

Planning

16 Mar 2026 at 15:57

Summary of the contracting process

The National Wealth Fund Limited, a central government public authority headquartered in Leeds, has issued a Request for Information regarding Climate Risk Analysis Scenario Modelling & Physical Risk Assessment. This invitation is aimed at gathering market insights that will inform potential future procurement strategies. This initiative focuses on technical services in risk assessment and climate scenario modelling across the United Kingdom, specifically in the region of UKE42. The current status is planning, with a pivotal milestone planned for responses to be submitted via the Atamis eSourcing Portal by 12:00 noon on 6 April 2026. This tender is part of a broader strategy to support the Government's industrial objectives, especially those aligned with green technologies like hydrogen and gigafactories.

This tender presents significant growth opportunities for businesses specialising in technical testing, analysis, and consultancy services within the environmental and climate risk sectors. SMEs, particularly those offering innovative solutions in climate scenario models and physical risk methodologies, are encouraged to engage in this procurement process. By participating in this pre-market engagement exercise, businesses can influence upcoming investment decisions and procurement strategies, potentially expanding their market presence in the public sector. With an emphasis on sound banking principles, entities with experience across the capital structure may find opportunities to collaborate on this high-value initiative, thereby enhancing their portfolio and market reach.

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Notice Title

Request for Information (RFI): Climate Risk Analysis Scenario Modelling & Physical Risk Assessment

Notice Description

The National Wealth Fund seeks market insight on climate risk analysis, including scenario modelling and asset-level physical risk assessment, to inform future procurement and enhance portfolio-level decision making.

Planning Information

The National Wealth Fund (“NWF”), successor to the UK Infrastructure Bank, has been established to drive the nation's growth by creating a stable investment environment and mobilising private capital to align with the UK Government's strategic priorities. As NWF we will support a wider range of sectors beyond infrastructure, aligning with the Government's industrial strategy. NWF have a total capital of £27.8 billion, with at least £5.8 billion dedicated to green hydrogen, carbon capture, ports, gigafactories, and green steel. This aligns with the principle of achieving policy objectives via sound banking. Our private sector function will provide corporate and project finance and invest across the capital structure, including senior debt, mezzanine, guarantees and equity. Our local authority function will lend to local authorities at a preferential rate for high value and strategic projects of at least £5 million. NWF is undertaking a Request for Information (RFI) to engage with the market ahead of a potential future procurement for climate risk analysis services. The purpose of this RFI is to improve NWF’s understanding of available solutions, tools, delivery models and indicative costs for climate scenario modelling and asset‑level physical risk assessment. The scope of interest includes top‑down climate scenario analysis (covering transition and physical risks) and bottom‑up, location‑specific physical risk assessment methodologies, as well as how these approaches can be integrated to inform strategic planning, investment decision‑making and portfolio risk management. Responses will help NWF assess market capability, data availability, methodological transparency, and potential sourcing options (including single‑supplier, multi‑supplier or hybrid delivery models). This RFI forms part of a pre‑market engagement exercise only. It does not constitute a commitment to procure, nor will responses be evaluated or scored. Participation (or non‑participation) will not affect any supplier’s position in any future procurement. This information will support NWF in understanding current market offerings, identifying innovative and efficient approaches, and informing development of a potential future procurement strategy. Interested suppliers should note that the procurement strategy and timetable have not been finalised at this stage. Any estimated contract dates and contract value published as part of this Notice are purely for publishing purposes. NWF takes a framework first approach. Depending on the outcomes of the RFI, the competition may be run through either a DPS or a CCS framework. How to respond Interested suppliers are invited to submit a written response addressing the questions set out in Schedule 2 of the RFI document. Responses must be submitted via the eSourcing Portal (Atamis) by 12:00 noon on Monday 6 April 2026. Clarification questions should be submitted by 12:00 noon on Friday 27 March 2026, with responses issued via a clarifications log. To access, please register on Atamis, available on the following link:  https://atamis-3929.my.site.com/s/Welcome https://atamis-3929.my.salesforce-sites.com/ProSpend__CS_ContractPage?SearchType=Projects&uid=a07Q500001PNAzqIAH&searchStr=&sortStr=Recently+Published&page=2&filters=&County= Atamis guidance To access user guidance that shows how to access opportunities, create and submit bids and to send clarification requests through the message centre, please click here: https://suppliersupport.atamis.co.uk/hc/en-gb and https://services.atamis.co.uk/docs/Supplier_User_Guide.pdf

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066b64
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023815-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

71241000 - Feasibility study, advisory service, analysis

71600000 - Technical testing, analysis and consultancy services

71620000 - Analysis services

71621000 - Technical analysis or consultancy services

90711100 - Risk or hazard assessment other than for construction

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 20265 days ago
Submission Deadline
Not specified
Future Notice Date
30 Apr 20262 months to go
Award Date
Not specified
Contract Period
30 Apr 2026 - 2 May 2026 30 days
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLE42 Leeds

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

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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