Award

CivTech 8.6 - How can biodiversity credits be designed in a way that provides simplicity for projects and buyers, and enables investment in Scotland's nature?

SCOTTISH NATURAL HERITAGE

This public procurement record has 2 releases in its history.

Award

28 Mar 2024 at 00:00

Tender

09 Nov 2022 at 00:00

Summary of the contracting process

The Scottish Natural Heritage has awarded a contract for the procurement process titled "CivTech 8.6 - How can biodiversity credits be designed in a way that provides simplicity for projects and buyers, and enables investment in Scotland's nature?" The procurement process took place in Inverness, UK. The tender was at the award stage as of the 28th of March 2024. The procurement method was an open procedure for services, and CreditNature was the awarded supplier.

This procurement opportunity presents a chance for businesses interested in nature-positive outcomes to participate. The buying organisation, Scottish Natural Heritage, is seeking innovative solutions to drive biodiversity investments. Businesses in the environmental services sector or those with expertise in nature-positive initiatives would be well-suited to compete in this contract. This tender is part of the mission to promote sustainable, high-growth businesses and offers opportunities for tech-driven solutions to address biodiversity challenges in Scotland.

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Notice Title

CivTech 8.6 - How can biodiversity credits be designed in a way that provides simplicity for projects and buyers, and enables investment in Scotland's nature?

Notice Description

Biodiversity credits are an economic instrument that can be used to finance actions that result in measurable nature positive outcomes for biodiversity and the environment. They directly address the need for investment in natural capital, beyond nature's role in managing the carbon cycle. Biodiversity credits differ to biodiversity offsets - they can be part of a company's nature-positive journey, an investment in nature's recovery, rather than an offset for damage. The development of biodiversity credit markets has the potential to help address the 20 Billion (GPD) finance gap for nature in Scotland by leveraging responsible private investment into nature recovery, in line with the Scottish Government's Biodiversity Strategy and Natural Environment Bill and the Interim Principles for Responsible Investment in Natural Capital. Please visit our website for information on CivTech and how to get involved: https://www.civtech.scot/civtech-8-challenge-6-simplifying-and-enabling-investment-in-scotlands-nature https://www.civtech.scot/how-to-apply-civtech-8

Lot Information

Lot 1

CivTech's mission is to drive daring and innovation in the public sector by collaboratively solving Challenges that make people's lives better - and in doing so create generations of sustainable, high growth businesses. CivTech brings together public sector expertise and private sector innovation to solve real problems, develop new products, and deliver better, faster and easier services for everyone. Central to the approach is co-production with the citizen. Part of the Scottish Government's Digital Directorate, CivTech's approach is helping transform public sector engagement with tech and innovation, delivering significant benefits to public services, producing genuine uplifts for the Scottish economy - and along the way, making lives better. Across the country there are problems public sector organisations would like to solve and in the current environment the need for smart, efficient and effective products has never been greater. The Scottish Government is aware innovation is a good way to create them and is committed to ensuring a large part of its tech spend goes to smaller, innovative businesses. This is where CivTech comes in. The CivTech Innovation Flow is designed to create products as quickly and effectively as possible, and uses a true Accelerator model at the heart of its Innovation Flow model. For you - whether you're an individual, team or company - it's an opportunity to take on a Challenge, solve it, and win contracts with a blue-chip public sector organisation. You'll build a product, and a business to take it as far as possible. Because here's the kicker: the Challenges we issue aren't 'single organisation' problems - most exist worldwide. In short: Open Challenges are set. Any organisation, team or individual can respond. Applications are assessed, and shortlisted proposals go into an Exploration Stage where they're developed further [for which participating applicants are paid]. The best go through to the Accelerator - a period of intensive work to create the solution, and through CivTech's unique business workshop system, a business capable of taking the product to the world. This Challenge is also one of the first being launched as part of the Innovate for Nature strategy, and falls under Mission 2. For more information on Innovate for Nature and its Missions please visit the dedicated page on our website. https://www.civtech.scot/innovate-for-nature Please visit our website for information on CivTech and how to get involved: https://www.civtech.scot/civtech-8-challenge-6-simplifying-and-enabling-investment-in-scotlands-nature https://www.civtech.scot/how-to-apply-civtech-8

Renewal: Renewals may be required for work to be completed

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000712802
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR502049
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

90700000 - Environmental services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£526,500 £500K-£1M

Notice Dates

Publication Date
28 Mar 20241 years ago
Submission Deadline
30 Nov 2022Expired
Future Notice Date
Not specified
Award Date
4 Sep 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH NATURAL HERITAGE
Contact Name
Leigh Syme
Contact Email
leigh.syme@gov.scot
Contact Phone
Not specified

Buyer Location

Locality
INVERNESS
Postcode
IV3 8NW
Post Town
Inverness
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
TLM Scotland

Local Authority
Highland
Electoral Ward
Inverness West
Westminster Constituency
Inverness, Skye and West Ross-shire

Supplier Information

Number of Suppliers
1
Supplier Name

CREDITNATURE

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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