Published date: 4 December 2020
Last edited date: 31 March 2023
Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.
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.
How to apply
Follow the instructions given in the description or the more information section.
About the buyer
Contact name
Heat Networks Team
Address
2nd Floor, 1 Victoria Street
London
SW1H 0ET
England
Telephone
01937 545 945
Website
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Closing: 31 March 2025, 11:59pm
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