Review of value of partnering with the GFI’s Transition Finance Lab

Official notice

Authority: DESNZ & DSIT Group Commercial

ServicesAward procedure without prior publication of a call for competition

Sectors: Financial and insurance services (66) Delivery: UK

Awarded value£70,000published contract · exc. VAT

Awarded 9 Jan 2026no call for competition

Awarded to GFI SOLUTIONS LTD

What is being bought

Published requirement description

HMG’s Financial Services and Growth Strategy specifically flagged that DESNZ would work proactively with the Green Finance Institute and others to “explore innovative financial structures for the Clean Energy Mission.”

DESNZ, we see a genuine potential to add value by partnering with the GFI on their TF Lab, but need more examples of the value it can add and be able to develop a narrative and governance structure.

CPV: Financial consultancy services

The lotProcurement structure

single lot · no lot value published

Lot #1Work is needed to both scope out the exact nature of a Partnership ( DESNZ and Green…Awarded

Work is needed to both scope out the exact nature of a Partnership ( DESNZ and Green Finance Institute) and develop a consensus across government, including HMT and key Public Finance Institutions, of the value of developing and funding such an initiative.

Delivery: UK

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 26 Jan 2026, 10:42 GMT
Last source update: 26 Jan 2026, 10:42 GMT
FTS notice number: 2026/S 000-006496
Classification (CPV): Financial consultancy services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-060e17 Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: The contract value of £70,000 is below the applicable procurement thresholds, so no prior publication in OJEU/Find a Tender was required. A direct award is lawful because the Green Finance Institute is the only organisation with the established Transition Finance Lab and the exclusive expertise necessary to deliver the work, meaning no reasonable alternative supplier exists.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £70,0001 contract exc. VAT

Bids received 1

Contracts signed 1latest 9 Jan 2026

Awarded to	Value	Date	Status
GFI SOLUTIONS LTD	£70,000 †	—	Awarded

Contracts

Review of value of partnering with the GFI’s Transition Finance Lab · GFI SOLUTIONS LTD
Signed
9 Jan 2026
Value
£70,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

DESNZ & DSIT Group Commercial

Contracting authorityMinistry 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

Dispute resolution & review bodies

Department for Energy Security and Net ZeroReview body London

Bidders & participating suppliers

1 commercial party on the notice

GFI SOLUTIONS LTDAwarded supplier 6 St Andrew Street,, London, UK, EC4A 3AE

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.