Published date: 13 April 2023

Last edited date: 20 April 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: 10 May 2023, 4pm

Contract summary

Industry

  • Economic research services - 79311400

  • Environmental services - 90700000

Location of contract

PE28YY

Value of contract

£100,000

Procurement reference

C23-0643-1726

Published date

13 April 2023

Closing date

10 May 2023

Closing time

4pm

Contract start date

22 May 2023

Contract end date

29 March 2024

Contract type

Service contract

Procedure type

Open procedure (below threshold)

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

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

A review of opportunities and alternatives for the sustainable finance of the natural environment leading to the development of a Natural Capital Investment Plan for the Turks and Caicos Islands.
This work forms part of JNCC's RESEMBID Covid-19 response project to support the Turks and Caicos Islands (TCI) social and economic recovery and resiliency, entitled: "Defining A Post-Covid-19 Resilient Recovery in the Turks And Caicos Islands: Sustainable Investment in the Future of the Island's People and Environment."
The project is intended as a foresighting exercise to identify potential opportunities and alternatives for place-based investment and support for the natural environment in the Turks and Caicos Islands. The project should also consider and identify factors and barriers which may impact upon successful implementation - such as blue and green finance alternatives, issues of appropriate scale and investment timelines.
Caribbean islands have strong economic dependence on their ecosystems, making the implementation of sustainable ecosystem management a complex challenge in balancing use and preservation, but nonetheless a critical necessity.
There is a well-documented appetite for sustainable livelihood creation and economic diversification in TCI. The 2015 'Greening the Economy of TCI' project, requires a refresh in light of new global conditions. It identified specific areas where further skills development is needed in TCI. The 2015 consultations JNCC conducted on behalf of TCI Government to inform the TCI Environment Strategy indicates strong advocacy for inclusion of communities in the implementation of strategies that impact on their environment and economic opportunities.
The final investment plan is expected to use the extensive evidence base that exists on TCI's natural capital. This should be incorporated with existing best practice examples of natural capital investment and sustainable finance mechanisms. Recent JNCC work on TCI's natural capital, and its links to this project, is detailed in Appendix 1.

In addition, JNCC are conducting both a Socioeconomic Survey and a Business Attitudes Survey across TCI which will yield results that may be relevant to the development of an appropriate place-based NCIP.

More information

Attachments

Additional text

You are invited by JNCC Support Co (JNCC) to submit a tender proposal for the supply of works or services required under the above project. If interested, you should download and carefully read the documents contained within the zip file.

About the buyer

Address

Quay House, 2 East Station Road
Fletton Quays,
PETERBOROUGH
PE28YY
United Kingdom

Telephone

01733 866894

Email

contractqueries@jncc.gov.uk

Website

jncc.gov.uk