Find a TenderAwarded without competitionTransparency notice
Published 19 Dec 2025, 16:20 GMT

Official UK procurement notice

Prototype Retrofit Project · UK public procurement notice

Official notice

Authority: London Borough of Camden (Local council)

Direct award
Awarded value£110,000,000published award · exc. VAT
Award in standstill Not publishedno call for competition
Award (standstill) to LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED, Sero Life

What is being bought

Published requirement description

The London Borough of Camden (LBC) is proposing to develop a prototype solution to install rooftop solar PV generation and battery energy storage systems (BESS) to generate, store and optimise power usage at properties. The solution will develop a billing platform to provide residents with discounted energy bills and paying back the investor. The billing platform, payback mechanism and associated legal and financing structures are bespoke to the prototype. It is envisaged that the project will comprise an Energy Services Agreement (ESA) with a Special Purpose Vehicle (ESCo) and a number of supporting and ancillary contractual arrangements for the development of the prototype solution (including initial appointments for development services prior to entering into the ESA and other main project documents).

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
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
19 Dec 2025, 16:20 GMT
Last source update
19 Dec 2025, 16:20 GMT
Authority reference
DN800828
FTS notice number
2025/S 000-085088
Latest notice
Transparency notice (UK5)
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-05face Find a Tender
Why no open competition
Prototypes Development; Single Suppliers Intellectual Property Exclusive Rights
Published justification

The relevant justifications are paragraph 2 (Prototypes and development) and paragraph 5 (single suppliers) of Schedule 5 of the Procurement Act 2023.

Paragraph 2 of Schedule 5 (Prototypes and development): The project is being developed by LBC as a prototype to test the suitability of a retrofit solution to provide more affordable and more sustainable homes for its residents. It is being developed with L&G, supported by a specialist energy services platform provided by Sero. The prototype seeks to test the suitability and viability of an off-balance sheet, project finance structure (ESCo) that will provide the funding, installation, maintenance and operation of Energy-as-a-Service assets (Solar PV and BESS) onto residential properties owned by LBC for 30 year period. The project is unprecedented in both its offering and scale and duration. Approximately 3,000 homes are within scope, representing approximately 9% of LBC’s housing stock. This is a prototype which is part of a wider programme of piloting different routes to decarbonisation. It involves the development of novel goods and services at the request of LBC as a trial for an even larger investment at some point in the future, which it is envisaged can be made subject to a competitive procurement.

Paragraph 5 of Schedule 5 (single suppliers): the project is being developed by LBC together with a partnership between L&G and Sero who have developed know-how and other intellectual property rights relevant to the prototype solution LBC wishes to develop. LBC is not aware of any reasonable alternatives that would allow for a competitive procurement of the proposed prototype.

Review and risk notes
Risks

Not Applicable

Notice history

2 events · 1 release on Find a Tender · since 19 Dec 2025
  1. Transparency notice published
    19 Dec 2025, 16:20 GMT
    UK5
  2. Contract signature expected
    1 Apr 2026, 23:59 BST
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1some still in standstill
Awarded value £110,000,0001 award exc. VAT
Awarded toValueDateStatus
LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED, Sero LifeSMEjoint award2 Apr 2026 – 3 Apr 2056£110,000,000—Standstill

Contracting authority & participating public bodies

London Borough of Camden

Contracting authorityPublic authority - sub-central government GB-PPON: PZXL-5842-VBBG London Borough of Camden, London, London, N1C 4AGContact email

Bidders & participating suppliers

2 commercial parties on the notice
  • LEGAL AND GENERAL ASSURANCE SOCIETY LIMITEDAwarded supplierGB-PPON: PYZB-8516-VDNT One Coleman Street, London, London, EC2R 5AAContact email
  • Sero Life LimitedAwarded supplierGB-PPON: PZPT-2558-ZZDH Westgate House, Womanby Street, Cardiff, Wales, CF10 1BRContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender