Published date: 22 May 2023

Closed early engagement


Closing date: 9 June 2023

Contract summary

Industry

  • Environmental issues consultancy services - 90713000

Location of contract

B19 3SD

Procurement reference

tender_369901/1216452

Published date

22 May 2023

Closing date

9 June 2023

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Below are elements to the programme that WMCA requires consultancy support on from a financial, investor and legal perspective:

1, Building the prospectus
We understand the need to bring scale forward to fully realise the opportunity for investment in the natural environment. The WMCA area provides the opportunity for building a project pipeline at scale, but there are also challenges to achieving this in a dense urban area. The consultant will therefore need to support an innovative approach to the development of a project pipeline to reflect the unique size, pressure and nature of our baseline natural capital i.e. we can't just plant trees and deliver BNG. There has been some initial work to pull together some of this, but we would like the focus of the prospectus to do this in a more systematic way and so that it is attractive to investors.


2,Building the Fund
The aim of this work will enable us to understand the necessary conditions we need to have in place to give investors confidence in the region's ability to develop and deliver natural capital projects and coordinate through a Fund; we will do this by building an investor panel as a point of contact throughout the project - this should be drawn from expertise already in the sector and through the contacts of the consultants and stakeholders supporting the project.

3, Communications and dissemination work

For more information please refer to the PIN Notice
https://www.find-tender.service.gov.uk/Notice/014280-2023

More information

Additional text

Further key detail around expressing an interest in this market engagement exercise are listed below:
Portal Website: https://wmca.bravosolution.co.uk
PIN Title: Soft Market Test for Local Investment in Natural Capital (LINC)

Bravo Solution Project Reference: Project_704

Once registered, please access Project_704 on our e-tendering portal and respond to PQQ_181 - Soft Market Test for Local Investment in Natural Capital (LINC). This is not a formal PQQ or expression of interest in a tender exercise, it is purely to give the market the opportunity to submit responses to an online questionnaire which may assist the WMCA in drafting their tender documentation. Any information submitted by the market will not be formerly evaluated.

Following the soft market testing exercise, feedback will be considered and built into the wider tender opportunity, which is expected to be published around September-November 2023.

Please note, the deadline for PQQ responses is 2pm 9th June 2023.

About the buyer

Contact name

WMCA procurement team

Address

16 Summer Lane, Birmingham
Birmingham
B19 3SD
England

Email

Procurement.inbox@wmca.org.uk