---
title: "Supplier for Green Heat Network Fund"
ocid: "ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR ENERGY SECURITY & NET ZERO"
published: "2024-04-12"
---

# Supplier for Green Heat Network Fund

Buyer: DEPARTMENT FOR ENERGY SECURITY & NET ZERO  
Current stage: Award  
OCID: ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7

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## Summary

The Department for Business, Energy, and Industrial Strategy (BEIS) has awarded a contract for the procurement of a grant administrator / delivery partner for the Green Heat Network Fund (GHNF). The contract, with Tender Reference Number: 5167/06/2021, has a value of £14,827,761 GBP and was awarded to Triple Point Investment Management LLP. The procurement method used was selective, with a call-off from a dynamic purchasing system. The contract period runs from March 7, 2022, to June 30, 2028.

This tender opportunity, initiated by BEIS, presents a chance for businesses in the services sector, particularly those offering corporate finance and venture capital services, to engage in providing financial support for transitioning heat networks to low carbon technologies. With a focus on low carbon heat sources and compliance with current and future regulations, companies aiming to expand their presence in the UK market can explore partnering opportunities with the Department for Business, Energy, and Industrial Strategy.

## Notice

The Department for Business, Energy, and Industrial Strategy (BEIS) has completed the procurement, for the procurement of a grant administrator / delivery partner for the a financial support scheme, know as the Green Heat Network Fund (GHNF) a targeted financial grants scheme to enable transition of new and existing heat networks to low carbon technologies. . GHNF aims to incentivize the transition to low carbon heat sources for existing and new heat networks, whilst stimulating the increase deployment of low carbon technologies at scale. In addition, GHNF will help prepare the heat networks market for future low carbon regulation and ensure compliance with existing regulations.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2c63a425-4188-4671-a1e8-37eb3e662ce3 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Apr 2024 |
| Submission deadline | 9 Sep 2021 |
| Future notice date | Not specified |
| Award date | 1 Mar 2022 |
| Contract period | 7 Mar 2022 - 30 Jun 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £14,827,761 |
| Lots value | Not specified |
| Awards value | £24,712,935 |
| 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 | DEPARTMENT FOR ENERGY SECURITY & NET ZERO |
| Additional buyers | 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 | 1 |
| Supplier names | TRIPLE POINT INVESTMENT MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66122000 - Corporate finance and venture capital services

## Release History

- 12 Apr 2024 at 11:18 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2c63a425-4188-4671-a1e8-37eb3e662ce3
- 6 Apr 2022 at 16:15 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2c63a425-4188-4671-a1e8-37eb3e662ce3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2c63a425-4188-4671-a1e8-37eb3e662ce3
  6th April 2022 - Awarded contract notice on Contracts Finder

## 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-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-53ee17c1-20dc-499b-aae6-7d07858a01a7.json.