Contract award record
Provision of MMO Sustainable Finance
Notice details
- Published
- Category
- services
- Buyer region
- London
- Source
- View official notice
Public buyer and contract winner
Public buyer
Defra Network eTendering PortalContract winner
Environmental Finance Ltd.Award value£556,700
- AwardedCompleted
- StartCompleted
- EndCompleted
Work description
Through the Blue Belt Programme and on behalf of the UK Government, the Marine Management Organisation (MMO) provides advice and assistance to UK Overseas Territories to enhance the protection and management of their marine environments. Between now and end of March 2025, the MMO wishes to commission a financial specialist to research, including through testing and piloting, a range of sustainable financing mechanisms, plans and approaches that could be applied to mobilise new and more sustainable finance for marine protection and management for UK Overseas Territories.
Additional information: The decision to proceed with the next financial year's phase of work will be taken at the start of each financial year (at the start of Financial Year 2023/2024 for work planned in that year, with a further decision at the start of Financial Year 2024/2025 for work planned in that year). The decision to proceed will be dependent on Programme priorities. At this stage, the work is expected to run until the end of Financial Year 2024/2025 and proposals submitted by contractors must, therefore, include a breakdown of work and costs across the three financial years and for the full duration of the project.