Published date: 2 January 2024

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: 1 February 2024, 12pm

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

B19 3SD

Value of contract

£420,000

Procurement reference

tender_402278/1297390

Published date

2 January 2024

Closing date

1 February 2024

Closing time

12pm

Contract start date

19 March 2024

Contract end date

14 March 2025

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

The WMCA has been selected as one of just four areas in the UK to deliver Local Investment in Natural Capital (LINC) programmes. These programmes are elements in the Government's new Green Finance Strategy (2023) to support a green industrial revolution and transition to a climate resilient, nature-positive, net-zero economy.

The ambitions of the LINC programme, to enable the public sector (and their third sector partners) to become more market-facing with their projects and programmes, align exactly with the WMCA's delivery of the NEP. The WMCA LINC programme aims to enable the region to be in a state of readiness to attract private finance into natural capital projects by 31st Jan 2025, through building the capacity, effective governance arrangements, and capability of local leaders and partner organisations.

The WMCA requires consultancy support from an organisation(s) with significant knowledge and experience in establishing green finance investment vehicles/funds/platforms, developing investment ready natural capital pipelines/portfolios (ideally within an urban context), and a track record in securing blended finance.

More information

Links

  • https://wmca.bravosolution.co.uk
  • Bidders should refrain from using any other forms of direct communication other than the Bravo. Once registered, please search for Project_777, ITT_1373, Local Investment in Natural Capital (LINC), in order to gain access to the tender documentation.

About the buyer

Contact name

Bhupinder Chadha

Address

16 Summer Lane
Birmingham
B19 3TR
England

Email

procurement.team@wmca.org.uk

Website

www.wmca.org.uk