Published date: 4 December 2020

Last edited date: 31 March 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 31 March 2025, 11:59pm

Contract summary

Industry

  • District heating - 09323000

  • Banking services - 66110000

  • Corporate finance and venture capital services - 66122000

    • Loan brokerage services - 66190000

Location of contract

United Kingdom

Value of contract

£150,000,000

Procurement reference

TPHeat001-DN513110-88042366

Published date

4 December 2020

Closing date

31 March 2025

Closing time

11:59pm

Contract start date

1 April 2025

Contract end date

2 April 2025

Contract type

Service contract

Procedure type

Restricted procedure

A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

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.

More information

Previous notice about this procurement

BEIS Heat Networks Investment Vehicle (BHIVE)

  • Opportunity
  • Published 4 December 2020, last edited 9 April 2021

Additional text

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.

About the buyer

Contact name

Heat Networks Team

Address

2nd Floor, 1 Victoria Street
London
SW1H 0ET
England

Telephone

01937 545 945

Email

bhive.dpsmailbox@beis.gov.uk

Website

https://tp-heatnetworks.org/bhive/