PS22408 - Mobilising Local Net Zero Investments - Diverse Solutions for Diverse Places - RFP

Contract summary

Industry

• Market research services - 79310000

Location of contract

Any region

Value of contract

£359,264

Procurement reference

tender_336718/1175504

Published date

3 February 2023

Closing date

12 December 2022

Closing time

11am

Contract start date

4 January 2023

Contract end date

28 February 2024

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

***Modification of the Contract***
Contract Variation PS22408 001 has extended the contract term 31st May 2023 to 29th September 2023.

Contract Variation PS22408 002 has extended the contract term from 29th September 2023 to 28th February 2024 and has increased the total contract value from £293,154.00 to £359,264.00 excluding VAT.

Brief Description of Requirement


The aim of this research is to explore to what extent local authorities outside of core cities and combined authorities could pursue an accelerated pathway to securing finance for their net zero projects while large scale solutions are in development.

The objectives are:

- To understand the needs of local authorities outside of CC's and CA's when it comes to the development and financial structuring of their cross-sector net zero portfolios via PFER's portfolio of SLES projects
- Assess whether, and to what extent, these needs differ to those of CC's and CA's and if so, what financial solutions, support and innovation may be required to ensure they have adequate access to finance for their net zero projects
- Build on the SLES investor panel work to understand
o what kind of financial framework/structuring could prevent investor cherry-picking and enable whole-system value to be achieved
o what level of project standardisation is required/possible to achieve strong levels of investability across a place-based portfolio using SLES as an example
- Identify suitable funding models and assess whether they lend themselves to a particular set of either place-based or project characteristics that might allow the development of a more diverse set of (archetypal) local net zero funding solutions
- Better understand potential market failures around financing place-based net zero projects which could be addressed by future programmes
- Support and inform emerging solutions under development by BEIS, 3Ci and UKIB
- Provide direct support to PFER projects in enhancing their understanding of optimum ways to finance their SLES



Please ensure you review all attached information to ensure a full understanding of this requirement. All attachments can be found with the Supplier Attachments tab within the Jaggaer eSourcing Portal.

This contract will be awarded based on the evaluation criteria as set out in the RFP document.


How to Apply

UK Shared Business Services Ltd (UK SBS) will be using the Jaggaer eSourcing Portal for this procurement.

To register on the Jaggaer eSourcing portal please use the link https://beisgroup.ukp.app.jaggaer.com/ and follow the instructions to register as a supplier.

If you are already registered on the Jaggaer eSourcing Portal and wish to participate in this procurement, please use the link: https://beisgroup.ukp.app.jaggaer.com/.

Once you are logged into the system you will be able to locate the Procurement you wish to leave a bid on by clicking the ITTs Open to All Suppliers and searching for the reference number PS22408

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Award information

Awarded date

29 December 2022

Contract start date

10 January 2023

Contract end date

28 February 2024

Total value of contract

£359,264

This contract was awarded to 1 supplier.

PRICEWATERHOUSECOOPERS LLP

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About the buyer

Contact name

Alexandra Richards

Address

Polaris House
Swindon
SN2 1FF
England

Email

professionalservices@uksbs.co.uk