ES RDE 069 - Private finance for peat: focused assessment of investment readines

DEPARTMENT FOR ENVIRONMENT, FOOD & RURAL AFFAIRS

This public procurement record has 1 release in its history.

Award

02 Sep 2026 at 16:12

Summary of the contracting process

The Department for Environment, Food and Rural Affairs commissioned targeted research and consultancy on private finance for peat. The work supports future policy development and prioritisation by examining the investment readiness of two priority areas in depth and helping Defra interpret the implications. It is deliberately focused rather than a comprehensive assessment of all peat finance opportunities. The requirement is for research and development services and related consultancy services, classified under CPV 73000000. Defra is the central government buyer. The contracting process has one completed lot, covering the full requirement. The work is associated with Defra’s environmental policy and finance priorities, making it relevant to consultancies with expertise in peatland, nature finance, investment readiness, environmental markets or evidence-led public policy.

The procurement is complete and the contract was awarded to Efeca. The award date was 27 August 2026, and the contract was signed on that date. The active contract runs from 1 September 2026 to 12 March 2027. Its value is £114,320 excluding VAT and £137,184 including VAT. This is a below-threshold award under a framework, using a selective procedure and a Defra self-service direct award; the process was not competitive. There was one lot, which is complete. The awarded supplier is Efeca, a Bournemouth-based SME. The procurement used the legal basis of the Procurement Act 2023. The outcome indicates that Defra selected a specialist framework supplier for a focused analytical assignment rather than running an open competition for individual bids.

For suppliers that did not win this procurement, the requirement demonstrates demand for specialist evidence and consultancy on financing peatland-related activity. A credible competitor for comparable work would need to combine strong peatland or environmental policy knowledge with experience of private finance, investment readiness and the analysis of priority opportunities. It would also need to turn detailed research into clear advice that a central government department can use for policy development and prioritisation. Experience interpreting the implications of finance models, environmental markets or investment barriers would be relevant, alongside the capacity to deliver a focused assessment of selected areas rather than a broad, unfocused review. The award to an SME through a framework also indicates that a smaller specialist consultancy with suitable public-sector delivery experience can meet this type of requirement.

How relevant is this notice?

Notice Title

ES RDE 069 - Private finance for peat: focused assessment of investment readines

Notice Description

Defra Self-Service Direct Award. Defra requires targeted evidence to support future policy development and prioritisation. The intention of this project is not to provide a comprehensive assessment of all peat finance opportunities, but to undertake in-depth analysis of two priority areas and help Defra interpret the implications for future policy development.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f0a2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083184-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - award under framework
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£114,320 £100K-£500K

Notice Dates

Publication Date
2 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2026 - 12 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENVIRONMENT, FOOD & RURAL AFFAIRS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DF
Postcode Area
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Efeca

Open Contracting Data Standard (OCDS)

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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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