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ClosedFind a Tender · tender

https://wmca.bravosolution.co.uk/

Buyer: West Midlands Combined Authority →

Participate on wmca.bravosolution.co.uk ↗External submission platform

BuyerWest Midlands Combined Authority
StatusClosed
Deadline1 Feb 2024
Value£420,000
Published2 Jan 2024

What is being bought

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.

Delivery location

UKG3

Categories

Financial consultancy services 66171000

Lot details

Lot 1

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. The estimated contract value for this project is between £390-420k (exc. VAT). The indicative contract duration will be March 2024 until 14th March 2025 (12 months). 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.

Statusactive

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial consultancy services (66171000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,7973 median · 17.8 average (712 of 1,797 with a bid count)2.5 average (803 of 1,797 with named award suppliers)Not published
Same buyer313.5 median · 13.5 average (2 of 3 with a bid count)1.5 average (2 of 3 with named award suppliers)Not published
Delivery region: UKG36204.5 median · 204.5 average (2 of 6 with a bid count)16.5 average (2 of 6 with named award suppliers)Not published
Similar published value (0.5×–2×)1135 median · 5 average (2 of 113 with a bid count)1 average (2 of 113 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNo
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-042a43
Latest release ID000027-2024
Latest release timestampTue Jan 02 2024 11:58:31 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusactive
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: end2024-02-01
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: start2024-01-02T12:00:00Z
Award period: endNot published
Submission method detailshttps://wmca.bravosolution.co.uk
Submission languagesen
Electronic catalogue policyNot published
Total tender value£420,000
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
2 Jan 2024tender000027-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
2 Jan 2024 · 000027-2024 · tender
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