Find a TenderAwarded

Published 10 Apr 2024, 15:12 BST

Official UK procurement notice

Climate Finance Accelerator (CFA) 2 Global Delivery Partner

Official notice

Authority: Department for Energy Security & Net Zero (Central government)·Consortium: 2 public authorities

ServicesOpen procedure

Sectors: Administration, defence and social security services (75) Delivery: UK

Published estimate£161,750,000≈ £32m / year

Submissions closed 26 Sept 2024awarded 3 Sept 2025

Awarded to Pricewaterhouse Coopers LLP

Contract term 5 yrsends 31 Jan 2030 · extension options published · starts 31 Jan 2025

What is being bought

Published requirement description

The Climate Finance Accelerator 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. This contract is for a Global Delivery Partner for CFA to manage and deliver the programme including identifying, selecting and providing technical assistance to eligible projects to increase the likelihood that they will receive investment.

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.

CPV: Foreign economic-aid-related services

The lotProcurement structure

single lot · value published

Lot #1The contract is for a global delivery partner for the Climate Finance Accelerator 2…AwardedRenewal 5 yrsPublished value£161,750,000

The contract is for a global delivery partner for the Climate Finance Accelerator 2 (CFA 2) to manage, oversee and deliver the programme. The programme will provide technical support to eligible projects.

CFA 2 aims to increase the flow of predominantly private sector climate finance to support low-carbon climate resilient projects with sustainable development benefits and, in doing so, support the implementation of supported countries’ climate mitigation efforts. To meet this objective, the CFA 2 delivery partner will develop a high-volume pipeline of bankable projects in Emerging Markets and Developing Economies (EMDEs) that dovetail with upstream progress (e.g. policy/regulatory reform) to enable the investment environment. Working closely with investors, CFA 2 will increase investor interest and appetite to engage with and invest in low-carbon projects in supported countries.

The elements of the Statement of Requirements to be delivered by the supplier are listed below:

Workstream A: Global management and oversight

Element 1 - Establishment of global operations
Element 2 - Confirmation of country delivery approach
Element 3 - Stakeholder management
Element 4 - Regional and UK events
Element 5 - Knowledge products and sharing
Element 6 - Monitoring and Evaluation
Element 7 - Reporting
Element 8 - Programme management and governance

Workstream B: Country delivery and project support

Element 9 - Landscape review and establishment of country operations
Element 10 - Project selection
Element 11 - Provision of project specific support
Element 12 - Sustainable embedding of the CFA markers within local financial ecosystems

Contract period: 31 Jan 2025 – 31 Jan 2030 (5 yrs)

Delivery: UK

Extensions: The initial contract term is 5 years with an initial value of £19.85m (including VAT). Modification options exist in the contract to increase the value of the 5 year initial term by up to £69.3m to a total maximum of up to £89.15m (including VAT). The contract has further options to extend the term for up to 3 years or any portion of 3 years, and the value by a further £72.60m (including VAT). With all modifications and extensions included, the maximum potential total contract value is £161.75m (including VAT) and the maximum term is 8 years to 31 August 2033. The possible modification options listed below provide scope options to support CFA's Theory of Change during contract delivery and do not represent a commitment from DESNZ at this time but may be integrated into the contract over the contract term. All options are subject to further governance controls, contract performance and the continuing needs of the contract. 1. 'Platform' delivery: enabling other UK government budget holders (e.g., FCDO) to secure CFA outputs in other countries where they are additional to the scope of the DESNZ business case. 2. Change in country prioritisation: flexibility to change CFA-supported countries in response to emergent threats and opportunities. 3. Contract extension to enable sustainable exit: flexibility to extend delivery in countries where embedding is likely to occur in the near future but the country does not have sufficient budget allocated. 4. Extension of CFA in existing countries: where CFA has demonstrable success, further funding could be made available to support a higher number of projects or to provide deeper capacity building support. 5. Expansion of technical assistance to financial institutions and other in-country investment vehicles: Boosting CFA's impact by expanding provision of support to relevant CFA stakeholders. 6. Technical support provided for additional sectors: Boosting CFA's impact by expanding provision of support to new sectors. 7. Enhanced direct offer to alumni projects to unlock investment opportunities: deeper support could include awarding grant funding, providing intermediation services, or supporting a deeper online presence to showcase deal opportunities. · Detailed modification options are provided in the tender pack. There are modification options of up to £50.40m during the initial term. The contract term will have extensions of up to, or any portion of, 3 years. There are modification options of up to £72.60m during the extension period. With all modifications and extensions included, the maximum potential total contract value is up to £161.75m.Variant bids: not allowed

75211200 Foreign economic-aid-related services

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Price

Staff: Names and qualifications of delivery staff must be submitted

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: No (one-off requirement)
First published: 10 Apr 2024, 15:12 BST
Last source update: 26 Sept 2025, 11:11 BST
Award evaluation window: 26 Sept 2024 – …
Authority reference: prj_1830
FTS notice number: 2025/S 000-060044
Classification (CPV): Foreign economic-aid-related services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-045123 Find a Tender

Publisher note: Net value of awarded contract is an approximate value with 20% VAT applied to the total gross contract value of £19,850,000.00. Calculation of applicable VAT to the services, particularly those delivered overseas, is the responsibility of the supplier and the final net number may vary during delivery.

How it was run

Official notice

Run through: Jaggaer · Who buys & how to bid on JAGGAER

Supplier login requiredLanguage: EN

Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail

Submission deadline: 26 Sept 2024, 13:00 BST
Submission channel: {"electronicSubmission","written"}
Accepted languages: en
Bid validity: 360 days from the deadline
Bids opened: 26 Sept 2024, 13:00 BST

Detailed submission instructions & authority contactsFrom official release

beisgroup.ukp.app.jaggaer.com/go/9541816701905A48C8C4 ↗

Timeline

20 May 2024 → 26 Sept 2025 · 5 dates

Next notice expected
20 May 2024, 00:00 BST
Submission deadline
26 Sept 2024, 13:00 BST
Bids opened
26 Sept 2024, 13:00 BST
Contract starts
31 Jan 2025
Notice published385 days ago
26 Sept 2025, 11:11 BST

Notice history

5 events · 3 releases on Find a Tender · since 27 Jun 2024

Status changed to active
27 Jun 2024, 17:03 BST
Procurement method changed
27 Jun 2024, 17:03 BST
Deadline published: 26 Sept 2024, 13:00 BST
27 Jun 2024, 17:03 BST
Buyer details updated
27 Jun 2024, 17:03 BST
Status changed to complete
26 Sept 2025, 11:11 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £16,541,6671 contract exc. VAT

Bids received 3

Contracts signed 1latest 3 Sept 2025

Awarded to	Value	Date	Status
Pricewaterhouse Coopers LLPClimate Finance Accelerator 2 - Global Delivery Partner	—	—	Awarded

Contracts

Climate Finance Accelerator 2 - Global Delivery Partner · Pricewaterhouse Coopers LLP
Signed
3 Sept 2025
Value
£16,541,667
Period
… – 31 Jan 2030
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
3bids · 3 electronic	—	—	—

Contracting authority & participating public bodies

2 public bodies on the notice

Department for Energy Security and Net Zero

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services 3-8 Whitehall Place, London, UK, SW1A 2EGContact name, email Published organisation website ↗

Dispute resolution & review bodies

Public Procurement Review ServiceReview body LondonContact email, phone
Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

PricewaterhouseCoopers LLPAwarded supplierOC 303525 1 Embankment Place, London, London, UK, WC1N 6RH

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria