---
title: "Cost of Capital Update for Electricity Generation Technologies"
ocid: "ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2018-05-11"
---

# Cost of Capital Update for Electricity Generation Technologies

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a

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## Summary

The procurement process titled "Cost of Capital Update for Electricity Generation Technologies" is managed by the Business Energy and Industrial Strategy (BEIS) based in London, England. This tender is classified under research and development services, specifically related to economic research services. The procurement method employed is an open procedure with the tender period ending on 29th March 2018. The contract is scheduled to commence on 23rd April 2018 and is expected to conclude by 30th June 2018. Two distinct lots have been created for this tender: Lot 1 involves core analysis, while Lot 2 pertains to peer review, allowing for specialised submissions from interested parties.

This opportunity presents significant growth potential for businesses specialising in economic research, analysis, and consultancy services. Companies that can provide expert insights into the cost of capital across various electricity generation technologies will be particularly well-suited to compete in this tender. The engagement with BEIS and the potential for iterative work based on market developments could lead to further partnerships and projects, fostering long-term growth in this sector.

## Notice

Notice summary: Update of BEIS' estimates and evidence base regarding the cost of capital for investments in renewable and non-renewable electricity generation technologies Description: The purpose of this work is to update the BEIS evidence base and estimates for the cost of capital in relation to investment in renewable and non-renewable generation technologies. The work is divided into two discrete Lots; * Lot 1 (Core Analysis) will require the provision of specialist advice and analysis to provide BEIS with appropriate estimates of the cost of capital across a range of generation technologies, together with a report detailing assumptions and methodology. The work under Lot 1 will also entail discussion with BEIS officials and be open to peer review by an independent reviewer appointed under Lot 2. * Lot 2 (Peer Review) will involve the independent peer review of the outputs under Lot 1, to provide constructive methodological or technical challenge of the work and to provide suggestions as to improvement or qualification of the estimates. Lots 1 and 2 will be let independently. Interested parties may tender for both Lots but cannot be awarded both Lots. If tendering for both Lots, tenderers are requested to state their preference in case of their proposals being ranked first for both Lots. The key part of the work is anticipated to take place primarily from late April through to early June, with interim results from Lot 1 (Core Analysis) to be available by mid-May and presentation of final results by the end of May 2018. The work under Lot 2 (Peer Review) will be partly in parallel, following the presentation of interim and final results under Lot 1. Please Note: We expect both Lots to last up to the end of June 2018 (as indicated in the outline timetable shown in Item 8 of Section 2 of the ITT), which allows for possible iteration of the final results. There is a possibility of further extension of either or both Lot(s) of up to two months, in case further iterations are required in light of new market information/events or if the business needs imply further revenue models need to be addressed within the framework (e.g. new models of storage, etc.). Additional information: If you wish to take part in this procurement please see the attached Tender documents attached to this Notice and send your completed Proposal to John Hunter by email at john.hunter@beis.gov.uk ensuring that you include "TENDER for Cost of Capital Update for Electricity Generation" in the email subject header Any late submissions may not be considered. BEIS reserves the right to halt the procurement process and to not award a contract. BEIS will not be held liable for recovery of costs from unsuccessful bids if a contract is not awarded. All costs will be borne by the bidding organisations. If a contract is created it will be upon BEIS Standard Terms and Conditions [amended as per the information in the ITT], which are available on Contracts Finder with this notice. Completed tender submission must be returned as stated above by 11.00am on 29th March 2018. After reviewing and evaluating the proposals, BEIS may decide to hold bid clarification meetings with suppliers. If successful and upon contract signature, the supplier for each Lot is expected to attend a kick-off meeting taking place on or around 23rd April 2018 Project completion is required by 30th June 2018

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/212f6aff-a001-4bac-8db5-ee17464d24f2 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 May 2018 |
| Submission deadline | 29 Mar 2018 |
| Future notice date | Not specified |
| Award date | 18 Apr 2018 |
| Contract period | 22 Apr 2018 - 30 Jun 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £44,000 |
| Lots value | Not specified |
| Awards value | £43,519 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | CAMBRIDGE ECONOMIC POLICY ASSOCIATES (CEPA; EUROPE ECONOMIC RESEARCH |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 73000000 - Research and development services and related consultancy services
- 79311400 - Economic research services

## Release History

- 11 May 2018 at 15:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/212f6aff-a001-4bac-8db5-ee17464d24f2
- 9 Mar 2018 at 10:24 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/353a4b90-fb4b-44fc-bd91-e7081d0d5185

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/212f6aff-a001-4bac-8db5-ee17464d24f2
  11th May 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/353a4b90-fb4b-44fc-bd91-e7081d0d5185
  9th March 2018 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/82d7d785-1024-4aa8-9a25-db2b87dca59e
  ITT for Cost of Capital Update for Electricity Generation Technologies
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/8548748e-0465-430a-9082-f5671876fe45
  T&Cs Cost of Capital Update for Electricity Generation Technologies

## 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-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-51ac1aeb-0ae5-47ff-9e86-94f6918a454a.json.