--- title: "Heat Networks Financial Services Initiative (\"Initiative\")" ocid: "ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5.json" source: "Contracts Finder" current_stage: "Planning" buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY" published: "2020-01-27" --- # Heat Networks Financial Services Initiative ("Initiative") Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY Current stage: Planning OCID: ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5.json) ## Summary The Business Energy and Industrial Strategy is currently in the planning stage for the Heat Networks Financial Services Initiative, aimed at procuring competitively funded arrangements for Heat Network projects. The initiative seeks to boost investment and create a self-sustaining market for heat networks, with a prior information notice published on 27 January 2020. Interested parties are encouraged to submit comments on the proposed services by 14 February 2020. The procurement falls under the corporate finance and venture capital services category, with potential projects covering locations across the United Kingdom and beyond, including the British Overseas Territories and Europe. This tender presents a significant opportunity for financial service providers and companies specialising in investment for infrastructure projects. Businesses that can offer funding and ancillary services, particularly those with experience in heat networks or similar utilities, would be well-suited to compete in this procurement process. By engaging with this initiative, providers can contribute to the development of key energy infrastructure while potentially securing lucrative contracts that support the public sector in achieving its investment goals. ## Notice The aim of the Initiative is to establish a competitively procured arrangement that will facilitate funding to Heat Network projects and provide projects with access to an investor base with the experience and appetite to bring projects to fruition. The Initiative aims to support public sector and other organisations with a route to accessing investment for Heat Network projects, increasing external investment and helping to create a self-sustaining heat network market. BEIS would expect the Initiative to be utilised by Potential Providers to provide funding and ancillary services to support the delivery of Heat Network projects. In addition, the Initiative will be capable of both securing demonstrable value for money investment and funding expertise to Heat Network projects. BEIS is currently in the process of finalising its procurement strategy and therefore is issuing a prior information notice in order to gauge the views of Potential Providers in respect of the scope of services to be included within this procurement process. We are publishing a list of potential services for comment in order to help us finalise the services in Lot 1 and Lot 2 of this procurement exercise. We would be grateful for comments on two specific questions as detailed in Annex A to this notice. Please send your comments to the BEIS Heat Networks Team at HNFF.ProcurementQuestions@beis.gov.uk by 5pm on 14 February 2020. Questions & comments asked by interested parties during the procurement that are not commercially sensitive will be consolidated and published with the ITT. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a387ac9e-6ee0-4b4b-b394-911988ee71ed | | Notice type | Market Engagement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 27 Jan 2020 | | Submission deadline | Not specified | | Future notice date | 14 Feb 2020 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planning | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BUSINESS ENERGY AND INDUSTRIAL STRATEGY | | Locality | LONDON | | Post town | South West London | | Postcode | SW1H 0ET | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66122000 - Corporate finance and venture capital services ## Release History - 27 Jan 2020 at 12:01 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/a387ac9e-6ee0-4b4b-b394-911988ee71ed ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a387ac9e-6ee0-4b4b-b394-911988ee71ed 27th January 2020 - Early engagement notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2b5224b5-9959-47ac-9752-b2f15524e53d We are publishing a list of potential services for comment in order to help us finalise the services in Lot 1 and Lot 2 of this procurement exercise. ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3399528d-ba2e-4825-9206-2dbf57e54fd5.json.