--- title: "BHIVE - Heat Networks Investment Vehicle" ocid: "ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS)" published: "2023-03-31" --- # BHIVE - Heat Networks Investment Vehicle Buyer: DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS) Current stage: Tender OCID: ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-70f5b8e6-7e4b-4604-ba03-c7a257d728c9.json) ## Summary The Department for Business, Energy & Industrial Strategy (BEIS) has launched a tender titled "BEIS Heat Networks Investment Vehicle (BHIVE)" under the District heating category. The tender aims to establish a competitively procured arrangement to facilitate investment in Heat Network projects in England and Wales. The BHIVE DPS is open for applications until 31st March 2025. The procurement method is a selective process with a contract period from 1st April 2025 to 2nd April 2025. This tender presents opportunities for businesses, especially in the services sector, to participate in financing heat network projects. Small and medium-sized enterprises (SMEs) and venture capital service providers are well-suited to compete in this opportunity. The Department for Business, Energy & Industrial Strategy (BEIS) is the contracting authority offering this opportunity for investment in heat network projects, providing a pathway for business growth and collaboration within the public sector in England and Wales. ## Notice The aim of the BHIVE DPS is to establish a competitively procured arrangement that will facilitate investment (equity and asset finance) into Heat Network projects and provide projects with access to an investor base with the experience, appetite and capabilities to deliver successful heat network projects. BEIS would expect the DPS to be utilised by Potential Providers (suppliers) to provide investment (equity and asset finance) and ancillary services to support the delivery of Heat Network projects. The BHIVE DPS will be open to all public sector in England and Wales only. Further Information can be accessed via https://tp-heatnetworks.org/bhive. The BHIVE DPS will be accepting applications until the 31st March 2025. Additional information: The Department for Business, Energy and Industrial Strategy has exercised its option to extend the BHIVE Dynamic Purchasing System ("DPS") for a further 2 years as contemplated in the original Contract Finder notice. The BHIVE DPS will now expire on the 31 March 2025. Alongside the extension, the Department has taken the opportunity to update the BHIVE guidance documentation to better reflect the ability of Lot 1 funders to assist in the commercialisation of earlier stage projects. Further guidance has been provided for DPS customers on the requirements of the Investment Summary and the scoping of services under Lot 1 for earlier stage heat network projects. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3fd1b5b7-b8e4-4157-9b6c-0ce755bf8665 | | Notice type | Tender Notice | | Procurement type | Dynamic | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Mar 2023 | | Submission deadline | 31 Mar 2025 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2025 - 2 Apr 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £150,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEPARTMENT FOR BUSINESS, ENERGY AND INDUSTRIAL STRATEGY (BEIS) | | Additional buyers | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY (BEIS) | | 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 - 09 - Petroleum products, fuel, electricity and other sources of energy - 66 - Financial and insurance services ### Codes - 09323000 - District heating - 66110000 - Banking services - 66122000 - Corporate finance and venture capital services - 66190000 - Loan brokerage services ## Release History - 31 Mar 2023 at 13:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3fd1b5b7-b8e4-4157-9b6c-0ce755bf8665 - 9 Apr 2021 at 10:44 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5a37a22b-6a0c-4800-b07c-486182647ec5 - 9 Apr 2021 at 10:43 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5a37a22b-6a0c-4800-b07c-486182647ec5 - 9 Apr 2021 at 10:38 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5a37a22b-6a0c-4800-b07c-486182647ec5 - 4 Dec 2020 at 11:25 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/46a5b85f-d3ee-4771-851f-1748251cd97e ## Documents - https://www.contractsfinder.service.gov.uk/Notice/3fd1b5b7-b8e4-4157-9b6c-0ce755bf8665 31st March 2023 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/5a37a22b-6a0c-4800-b07c-486182647ec5 9th April 2021 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/46a5b85f-d3ee-4771-851f-1748251cd97e 4th December 2020 - Opportunity notice on Contracts Finder ## Notice URLs - https://tp-heatnetworks.org/bhive - https://tp-heatnetworks.org/bhive/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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