Published date: 28 March 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Foreign economic-aid-related services - 75211200
Location of contract
SW1A 2AH
Value of contract
£31,500,000
Procurement reference
tender_390139/1465433
Published date
28 March 2025
Closing date
12 September 2024
Closing time
10am
Contract start date
1 March 2025
Contract end date
28 February 2030
Contract type
Service contract
Procedure type
Other: Light Touch Regime
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The United Kingdom's Foreign, Commonwealth and Development Office ("FCDO") has awarded the Contract for delivery of Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme to Palladium International Ltd.
Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) is an umbrella International Climate Finance (ICF) programme consisting of 5 components. IFSLU2 is managed by the FCDO's Energy, Climate and Environment Directorate (ECED).
This Contract is for the IFSLU2 Programme Component 3:
Business and market development in the Congo Basin
The Supplier must undertake the management and implementation of the Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme.
The core objectives for Component 3 are to:
1. Build the capacity of local organisations and institutions (e.g. cooperatives) to provide support and services to improve livelihoods through sustainable land use.
2. Support businesses and entrepreneurs to develop sustainable supply chains, partner with local communities and organisations, and increase readiness for sustainable land use investment.
3. Improve the national enabling environment and access to finance for businesses and communities, to support adoption of and investment into sustainable land use, forest protection and restoration.
For Component 3, the following countries are in scope: the Democratic Republic of Congo (DRC), the Republic of Congo (ROC), and Cameroon and Gabon.
The start date of the Contract is 1st March 2025, the initial Contract value is up to £31,500,000 with an option to increase its total value and duration based on continued need. The Contract value is exclusive of UK VAT but inclusive of all applicable local taxes.
The end of the initial Contract is 28th February 2030. The Contract has an Extension Option for up to a further 60 months and an increase in additional value of up to a maximum of £35million. There is a Scale up Option (value extension only) up to an additional £15.75 million over the life of the Contract (including the Extension Period).
Therefore, the estimated maximum value of this requirement is up to a maximum of £82.25million and the Contract may run until 2035, if extended.
More information
Attachments
-
- IFSLU2 C3 Redacted Contract.pdf
- Redacted Contract
Additional text
-
Procurement reference
tender_390139/1384295
Award information
Awarded date
10 February 2025
Contract start date
1 March 2025
Contract end date
28 February 2030
Total value of contract
£31,500,000
This contract was awarded to 1 supplier.
Palladium International Ltd
Address
16th Floor, Hylo, 105 Bunhill Row London EC1Y 8LZ
Reference
Companies House number: 02394229
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Foreign Commonwealth and Development Office
Address
King Charles Street
London
SW1A 2AH
England
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Closing: 12 September 2024, 10am
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