Stacking of nature market credits

Official notice

Authority: Defra Network eTendering Portal

Services

Sectors: Financial and insurance services (66)Research & Development (R&D) (73)Business Services & Consultancy (79)

+1 more

Cleaning & Environmental Services (90)

Delivery: UK

Planned pipeline value£150,000pipeline notice, not a live tender

Tender notice expected 9 Aug 2023from the planned procurement notice

What is being bought

Published requirement description

The Nature Markets Framework, published in March 2023, sets out the principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking).<br/><br/>Defra is yet to develop policy on whether to increase the number of circumstances where stacking is allowed in UK nature markets. There lacks a sound evidence base, and it is unclear what stacking model would be most effective at delivering Defra’s environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality).<br/>This research will seek to provide Defra with an understanding of the empirical theory and evidence on stacking and is expected to provide insight into the impact of different stacking models on economic, environmental, and wider social outcomes. The research should provide specific consideration to ecosystem service measurement challenges, additionality issues, the interaction between voluntary and compliance market schemes, and variations in nature market rules.

CPV: Economic research services · Environmental issues consultancy services · Financial market regulatory services · Market research services · Research and development services and related consultancy services · Research consultancy services · Research services

The lotProcurement structure

single lot · no lot value published

Lot #1Planned

Delivery: UK

66152000 Financial market regulatory services 73000000 Research and development services and related consultancy services 73210000 Research consultancy services 79310000 Market research services 79311400 Economic research services 90713000 Environmental issues consultancy services

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: Past planning notice
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: Unspecified in notice
First published: 31 Jul 2023, 09:02 BST
Last source update: 31 Jul 2023, 09:02 BST
Authority reference: P-32248
FTS notice number: 2023/S 000-022094
Classification (CPV): Economic research servicesEnvironmental issues consultancy servicesFinancial market regulatory servicesMarket research servicesResearch and development services and related consultancy servicesResearch consultancy servicesResearch services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-03eb89 Find a Tender

How it was run

Official notice

Run through: portal not identified

Tender documents are also served through a separate tool: https://atamis-9529.my.site.com/s/Welcome ↗

Submission deadline: —

Timeline

31 Jul 2023 → 9 Aug 2023 · 2 dates

Notice published
31 Jul 2023, 09:02 BST
Tender notice expected
9 Aug 2023, 00:00 BST

Commercial outcome & contract awards

Pipeline notice

Awards (0): No award published
Contracts (0): No contract published
Bid statistics: No aggregate bid statistics published

Contracting authority & participating public bodies

Defra Network eTendering Portal

Contracting authorityMinistry or any other national or federal authority, including their regional or local subdivisionsEnvironmental protection 17 Nobel House, London, UK, SW1P 3JRContact name, email

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.