--- title: "Market Engagement for The Greater London Authority's Evaluation of London Climate Finance Facility" ocid: "ocds-h6vhtk-045921" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045921" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-045921.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-045921.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "GREATER LONDON AUTHORITY" published: "2024-05-13" --- # Market Engagement for The Greater London Authority's Evaluation of London Climate Finance Facility Buyer: GREATER LONDON AUTHORITY Current stage: Planning OCID: ocds-h6vhtk-045921 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045921) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-045921.json) ## Summary The Greater London Authority (GLA) is conducting a market engagement exercise for the evaluation of the London Climate Finance Facility. The GLA aims to gather insights from potential suppliers regarding their capabilities, methodologies, and pricing structures. The estimated infrastructure investment needed by 2030 to achieve London's net-zero target is in excess of £75 billion. The GLA is seeking a firm to conduct a comprehensive evaluation programme to ensure the project delivers against the LCFF objectives. The market engagement process is being conducted electronically via the e-Tendering portal SAP Ariba. The primary objectives of the evaluation include learning from the design and implementation of the LCFF and understanding its contributions to intended outcomes. This tender for the market engagement on the London Climate Finance Facility offers opportunities for businesses involved in financial consultancy services, research and development services, and financial management consultancy services. Businesses well-suited to compete should have expertise in conducting holistic assessments and synthesis of evidence. The tender presents a chance for firms looking to participate in a four-year contract period for process and impact evaluations of the LCFF funds. Interested businesses can participate in the market engagement exercise, with the actual procurement expected to follow shortly. The GLA's initiative aims to unlock private finance for decarbonisation projects and accelerate climate and environmental developments in London. ## Notice The Greater London Authority (GLA) as the Contracting Authority is initiating a market engagement exercise for the evaluation of the London Climate Finance Facility (LCFF). The purpose of this exercise is to gather insights from potential suppliers regarding their capabilities, methodologies, and pricing structures in order to inform the procurement process. It is estimated that it will require in excess of PS75 billion of infrastructure investment by 2030 to achieve London's net-zero target. This will need to come from a mix of public and private finance, investment and grant funding. Therefore, in 2023 the Mayor extended his programmes and launched a new London Climate Finance Facility (LCFF). Its aims are: 1. To unlock billions of long-term, flexible, private finance to support the decarbonisation of London's buildings, energy and transport systems, thereby tackling the triple dangers of toxic air pollution, climate change and congestion. 2. To accelerate significantly the development and delivery of climate and environmental projects, working with strategic partners. 3. To build on London's existing financing capabilities to secure investment for London and strengthen its competitiveness. The LCFF includes the following funds, that are likely to be included in the evaluation: 1. Mayors Energy Efficiency Fund (MEEF). MEEF was set up in 2018 and is set to close in 2025. MEEF supports projects that deliver new low carbon technology or upgrade existing infrastructure focusing on energy efficiency. The fund is managed by Amber Infrastructure. 2. Green Finance Fund (GFF). The GFF was launched in 2023 and will make PS500m available to capital projects that deliver against one of three core project categories: energy efficiency, clean energy or clean transportation. The fund is managed by London Treasury LTD. 3. Plans for establishing the London EDGE Fund was announced in 2023 and it is due to be launched in 2024. The fund, which is managed by Sustainable Development Capital LLP will make at least PS100m available to finance the development and implementation of decarbonisation projects in the following sectors: healthcare, education, transport, district energy, government buildings, and digital infrastructure The GLA wants to carry out a comprehensive evaluation programme to ensure the project delivers against the LCFF objectives and against the individual objectives of the funds. Additionally, the GLA is exploring options for other investment opportunities and would want any evaluation framework to consider how investments into other sectors could be incorporated into the evaluation of the LCFF. The market engagement process is being conducted electronically on the e-Tendering portal SAP Ariba. The portal can be accessed via the following link: https://service.ariba.com/Supplier.aw Suppliers interested in this market engagement exercise, please email nauraogbe@tfl.gov.uk confirming your TfL SAP Ariba account name - your organisation will be added manually to the suppliers list in SAP Ariba and you will have unrestricted and full access to the market engagement documents. To register or to check if you are already registered in TfL SAP Ariba, please use the following link: https://service.ariba.com/Supplier.aw For help registering or uploading your responses, please refer to https://support.ariba.com/Adapt/Ariba_Network_Supplier_Training. If the problem persists please contact Ariba_Supplier_Enablement@tfl.gov.uk. ### Lot Information Lot 1 The GLA is seeking a firm to conduct a holistic assessment of the portfolio of GLA's finance offer, it is proposed that the scope of the evaluation includes GFF, MEEF, EDGE and any successor fund implemented, followed by a synthesis of evidence collected across the LCFF. This would cover: * Feasibility assessment of additional data that can be collected and recommended methodological approach for process and impact evaluations of the LCFF funds. * Implementation of recommended methodological approach to deliver process and impact evaluations of the LCFF funds delivered across a four-year contract period. The primary objectives of the evaluation are: * To learn from the design and implementation of the LCFF, including the extent to which different financing options on offer address failures in the market. * To understand whether and to what extent the LCFF offer contributed to the intended outcomes and produced longer-term impacts. At this juncture, this notice serves as an invitation for suppliers to participate in a market engagement exercise, which will inform our decision-making process for the forthcoming procurement. Please note that this is solely a market engagement exercise, with the actual procurement to follow shortly thereafter. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/015148-2024 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | 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 | 13 May 2024 | | Submission deadline | Not specified | | Future notice date | 30 Jul 2024 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £350,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | GREATER LONDON AUTHORITY | | Locality | KAMAL CHUNCHIE WAY | | Post town | East London | | Postcode | E16 1ZE | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI41 Hackney and Newham | | Local authority | Newham | | Electoral ward | Royal Victoria | | Westminster constituency | West Ham and Beckton | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 73 - Research and development services and related consultancy services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 66171000 - Financial consultancy services - 73000000 - Research and development services and related consultancy services - 79412000 - Financial management consultancy services ## Release History - 13 May 2024 at 12:48 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/015148-2024 ## Notice URLs - https://service.ariba.com/Supplier.aw - https://support.ariba.com/Adapt/Ariba_Network_Supplier_Training ## 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-045921. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-045921.json.