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Published 2 Jan 2024, 11:58 GMT

Official UK procurement notice

UK public contract notice — West Midlands Combined Authority (Jan 2024)

Authority: West Midlands Combined Authority (Local council)

ServicesOpen procedure
Published estimate£420,000exc. VAT
Submissions closed 1 Feb 2024

What is being bought

Published requirement description

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.

CPV: Financial consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1The WMCA requires consultancy support from an organisation(s) with significant knowledge and experience in establishing green finance investment vehicles/funds/platforms,...
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, p…
Delivery: West Midlands
Variant bids
not allowed

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Closed
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
2 Jan 2024, 11:58 GMT
Last source update
2 Jan 2024, 11:58 GMT
Award evaluation window
2 Jan 2024, 12:00 GMT — …
Classification (CPV)
Financial consultancy services
Delivery area
West Midlands (UKG3)
Official registry OCID
ocds-h6vhtk-042a43

How it was run

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
1 Feb 2024, 00:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
2 Jan 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

3 published dates · Europe/London
  1. Notice published
    2 Jan 2024, 11:58 GMT
  2. Bids opened
    2 Jan 2024, 12:00 GMT
  3. Submission deadline
    1 Feb 2024, 00:00 GMT

Contracting authority & participating public bodies

West Midlands Combined Authority

Contracting authorityLocal CouncilRegional or local authorityEnvironmental protection 16 Summer Lane, Birmingham, West Midlands, B19 3SD +44 3453036760 Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body Strand

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.