Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.
Closing: 21 June 2024, 1pm
Contract summary
Industry
Foreign economic-aid-related services - 75211200
Location of contract
Any region
Value of contract
£200,000
Procurement reference
tender_434933/1357672
Published date
22 May 2024
Closing date
21 June 2024
Closing time
1pm
Contract start date
1 August 2024
Contract end date
31 January 2026
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
The Climate Finance Accelerator (CFA) is part of the UK's efforts to support climate action at scale by improving the quality of emerging green businesses and initiatives in Emerging Markets and Developing Economies and matches them to relevant investors. It also fosters action to address relevant policy and regulatory barriers.
The CFA is funded by UK Government's Department for Energy Security and Net Zero (DESNZ), under the International Climate Finance (ICF) portfolio, as part of the UK Government's £11.6 billion commitment to support ODA-eligible countries to respond to the challenges and opportunities of climate change.
Since November 2020, under the current £12.4m phase of the programme, the CFA has supported around 200 projects across ten countries. Thirty of these projects have since progressed to close deals worth $344m, with more deals expected in the coming months.
DESNZ is planning to procure a second phase of the programme to support at least 800 projects across 16 countries (Brazil, Colombia, Egypt, India, Indonesia, Jordan, Kenya, Malaysia, Mexico, Pakistan, Peru, the Philippines, South Africa, Thailand, Türkiye, and Viet Nam) until December 2029.
The programme is supported by an independent advisor whose primary responsibilities are to:
- Provide expert advice on market maturity for CFA countries, availability of bankable projects, and suitability of the enabling environment to inform country selection process.
- Provide strategic guidance to in-country processes and wider programme implementation.
- Facilitate links to relevant financiers, helping secure participation at events.
- Participate and facilitation in CFA workshops, as required.
- Participate in the CFA Advisory Board.
- Support the CFA embedding process.
- Proactively identify opportunities and threats to the CFA and to propose solution where relevant.
- Ad-hoc advice on matters relating to the successful delivery of the CFA programme as needed.
This tendering exercise is for an Independent Advisor who will collaborate with DESNZ to deliver CFA.
The procurement is being sourced via an Open Procedure, and interested suppliers are advised to register to our e-sourcing platform Jaggaer to participate in the tender. This platform can be accessed at https://beisgroup.ukp.app.jaggaer.com/
The length of the contract is expected to be an initial 18 months with an option to extend for an additional 18 months.
The contract will have a value of £100,000 for the initial 18 months. If the option to extend is taken, then the contract may be uplifted by an additional £100,000. Any uplift in contract value subject to the approval of DESNZ and is not guaranteed.
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