Find a TenderAwarded
Published 1 Apr 2025, 11:52 BST

Official UK procurement notice

N/A · Triple Point Investment Management LLP for DESNZ & DSIT Group Commercial (Apr 2025)

Official notice

Authority: DESNZ & DSIT Group Commercial

Services
Awarded value£12,529,743published contract · exc. VAT
Awarded 19 Sept 2018
Awarded to Triple Point Investment Management LLP
Contract term 6 yrs 6 moends 31 Mar 2025 · starts 19 Sept 2018

What is being bought

Published requirement description

No description was published on the notice. See the official documents.

CPV: Administration services

The lotProcurement structure

single lot · no lot value published
Lot #1This contract is for the administration/delivery of a financial support scheme for… 6 yrs 6 mo

This contract is for the administration/delivery of a financial support scheme for heat networks, known as the Heat Networks Investment Project (HNIP).

It originally went live on the 19 September 2018 with an end date of 31 March 2023 for a value of £10,800,000. It has since been extended to 31 March 2025 with a value of £12,529,743.

This new variation extends the end date of the contract to 31 July 2025 with no additional value. This allows the exit services and handover to be delivered to the Green Heat Network Fund Supplementary Contract.

The original award notice can be found:

www.contractsfinder.service.gov.uk/notice/06355b81-bc9a… ↗

Contract period: 19 Sept 2018 – 31 Mar 2025 (6 yrs 6 mo)
Delivery: UK

Procedure terms & legal framework

From the official record
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
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
1 Apr 2025, 11:52 BST
Last source update
1 Apr 2025, 11:52 BST
FTS notice number
2025/S 000-012205
Classification (CPV)
Administration services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-04fb34 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

19 Sept 2018 → 1 Apr 2025 · 2 dates
  1. Contract starts
    19 Sept 2018, 00:00 BST
  2. Notice published
    1 Apr 2025, 11:52 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £12,529,7431 contract exc. VAT
Contracts signed 1latest 19 Sept 2018
Awarded toValueDateStatus
Triple Point Investment Management LLP£12,529,743 †—Awarded

Contracts

  • Contract 012205-2025-con_5621-1 · Triple Point Investment Management LLP

    Signed
    19 Sept 2018
    Value
    £12,529,743
    Period
    19 Apr 2018 – 31 Jul 2025
    Status
    active
    • Change The end date is being extended from the 31/03/2025 to the 31/07/2025., Need for additional works, services or supplies by the original contractor/concessionaire: This service is being provided with no additional value to allow handover to the new Green Heat network Fund Supplementary contract.

Contracting authority & participating public bodies

DESNZ & DSIT Group Commercial

Contracting authority 3-8 Whitehall Place, London, UK, SW1A 2EGContact email

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.