---
title: "Home Energy Efficiency Loan (HEEL)"
ocid: "ocds-h6vhtk-04032d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04032d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04032d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04032d.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "LONDON BOROUGH OF MERTON"
published: "2023-09-22"
---

# Home Energy Efficiency Loan (HEEL)

Buyer: LONDON BOROUGH OF MERTON  
Current stage: Tender  
OCID: ocds-h6vhtk-04032d

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04032d.json)

## Summary

The London Borough of Merton is seeking tenders for the Home Energy Efficiency Loan (HEEL) project. The tender involves selecting an FCA registered loan administrator to manage a revolving fund at a competitive interest rate for the residents of Merton Borough in Southwest London. The aim is to assist domestic property owners with retrofit works for energy efficiency and decarbonising homes in the borough, as part of the council's efforts to achieve a Net Zero target by 2050.

This opportunity is open to businesses with relevant experience in loan brokerage services and administration, advertising and promotion, loan process management, and performance reporting. Businesses regulated by the Financial Conduct Authority are suitable for this tender. The procurement process is currently in the active stage, with the tender period ending on 23rd October 2023. Interested parties can find more details on electronic submission here.

## Notice

The London Borough of Merton ("the Council") is inviting tenders to an FCA registered loan administrator to operate a revolving fund at a competitive interest rate for the residents of Merton Borough in Southwest London.

### Lot Information

Lot 1

The aim of this contract is for a Financial Conduct Authority registered loan administrator to manage all aspects of a loan fund for a period of 25 years. This is on behalf of the London Borough of Merton, who are based in the Southwest of London (including the areas of Mitcham, Wimbledon and Morden). The loan is to assist domestic property owners with the costs of completing retrofit works relating to energy efficiency and decarbonising homes in the borough. The London Borough of Merton has 86,000 homes and they contribute 44% to the local carbon footprint. In order to meet the boroughs 2050 Net Zero target, underpinned by the 2019 Climate Emergency Declaration and approval of the Climate Strategy and Action Plan the following year, these homes will need to be retrofitted to an average EPC rating of B (currently D). The loan will be aimed at private homeowners (there are 71,000 privately owned homes, 15,000 are owned by Social Housing Providers). The loan broker is required to carry out all the processes related to administering the loan and keep in close contact with the Councils contract manager for monitoring and evaluation of this scheme.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028105-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Sep 2023 |
| Submission deadline | 23 Oct 2023 |
| Future notice date | Not specified |
| 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 | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON BOROUGH OF MERTON |
| Locality | MORDEN |
| Post town | Sutton |
| Postcode | SM4 5DX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI63 Merton, Kingston upon Thames and Sutton |
| Local authority | Merton |
| Electoral ward | Merton Park |
| Westminster constituency | Wimbledon |
| Delivery location | TLI63 Merton, Kingston upon Thames and Sutton |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66190000 - Loan brokerage services

## Release History

- 22 Sep 2023 at 16:54 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/028105-2023

## Notice URLs

- http://www.merton.gov.uk/
- https://procontract.due-north.com/Register

## 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-h6vhtk-04032d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04032d.json.