Published date: 15 January 2018

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 7 December 2017

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Economic impact assessment - 79311410

Location of contract

Any region

Value of contract

£74,705

Procurement reference

tender_158778/642899

Published date

15 January 2018

Closing date

7 December 2017

Contract start date

8 January 2018

Contract end date

31 May 2018

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Through the development of the forthcoming HMG 25 Year Environment Plan, Defra has been exploring options to make investing in protecting and enhancing the natural environment more attractive for private sector investors, to supplement public funding. Defra is interested in exploring the potential to create a blended, impact finance model which could:
- Crowd-in additional private investment in natural capital protection and enhancement.
- Provide capacity building support / technical assistance to projects that would have environmental impact and generate revenue - to stimulate a pipeline of such projects.
- Provide below-market-rate and/or patient repayable finance for project implementation costs.
- Help to further prove the concept and develop a track record of projects that can generate revenue through improving the natural environment.

More information

Previous notice about this procurement

Natural Capital Finance Model

  • Opportunity
  • Published 20 November 2017

Additional text

Please note that Defra procurement uses an E-tendering system for Procurement activities. This is currently provided by Bravo Solutions. To access appropriate tendering and contractual documents, please access the E-Tendering portal at https://defra.bravosolution.co.uk";, ensuring that your registration includes "Defra". If you have any problems with this system, please contact Bravo on their telephone helpline number 0800 368 4850 or by emailing them at help@bravosolution.co.uk. "

Award information

Awarded date

20 December 2017

Contract start date

8 January 2018

Contract end date

31 May 2018

Total value of contract

£74,705

This contract was awarded to 1 supplier.

Vivid Economics

Address

131-151 Great Titchfield Street, London, W1W 5BB, United Kingdom

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

DEFRA
Lodon
SW1P 3JR
England

Email

Network.Procurement@defra.gsi.gov.uk