The Department for Business, Energy and Industrial Strategy (BEIS): UK-London: Financial markets administration services.

UK-London: Financial markets administration services.

This notice is covered by: Directive 2014/24/EU
Section I: Contracting authority/entity

I.1) Name and addresses
       Department for Business, Energy and Industrial Strategy (BEIS),
       1 Victoria Street, London, SW1H 0ET, United Kingdom
       Tel. +44 2072153562, Email: hnipcontractmgt@beis.gov.uk
       Main Address: https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy
       NUTS Code: UK

Section II: Object

II.1) Scope of the procurement
   
   II.1.1) Title: UK-London: Heat Networks Investment Project - Main Scheme Delivery Partner   
      Reference number: 1232/11/2016   
   
   II.1.2) Main CPV code:
      66150000 - Financial markets administration services.
       
   II.1.3) Type of contract: SERVICES

II.2) Description

   II.2.1) Title: Not Provided    
   Lot No: Not Provided    

   II.2.2) Additional CPV codes:
      66150000 - Financial markets administration services.
      66113000 - Credit granting services.
      66100000 - Banking and investment services.
      66120000 - Investment banking services and related services.
      66122000 - Corporate finance and venture capital services.
      71314300 - Energy-efficiency consultancy services.
      71313000 - Environmental engineering consultancy services.
      66171000 - Financial consultancy services.
      79411000 - General management consultancy services.
       
   
   II.2.3) Place of performance:
      UK UNITED KINGDOM
       
   
   II.2.4) Description of the procurement at the time of conclusion of the contract:
    Not Provided    
   
   II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
         Duration in months: 60             
      Directive 2014/24/EU - In the case of framework agreements, provide justification for any duration exceeding 4 years:
      Not Provided          
   
   II.2.13) Information about European Union funds:
   The procurement is related to a project and/or programme financed by European Union funds: No    


Section IV: Procedure

IV.2) Administrative information
   
   IV.2.1) Contract award notice concerning this contract
   Notice number in OJ S: 2018/S 202 - 459979    

Section V: Award of contract/concession

Contract No: 1   Lot No: Not Provided    Title: Agreement relating to the Heat Network Investment Project
V.2) Award of contract/concession

   V.2.1) Date of conclusion of the contract/concession award decision: 24/07/2018   

   V.2.2) Information about tenders
   The contract has been awarded to a group of economic operators: No

   V.2.3) Name and address of the contractor/concessionaire, No. 1:
          Triple Point Investment Management LLP, OC321250
          1 King William Street, London, EC4N 7AF, United Kingdom
          NUTS Code: UK
   The contractor/concessionaire is an SME: No    
   
   V.2.4) Information on value of the contract/lot/concession:
   Total value of the procurement: 10,800,000   
   Currency: GBP

Section VI: Complementary Information

   VI.3) Additional Information:
      The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=597700866
   
   VI.4) Procedures for review
   
      VI.4.1) Review Body
       Department for Business, Energy and Industrial Strategy (BEIS)
       London, SW1H 0ET, United Kingdom
   
      V1.4.2) Body responsible for mediation procedures:
      Not Provided

      VI.4.3) Review procedure
         Not Provided    
      
      VI.4.4) Service from which information about the review procedure may be obtained
      Not Provided
   
   VI.5) Date of dispatch of this notice: 27/05/2021
   
Section VII: Modifications to the contract/concession

VII.1) Description of the procurement after the modifications

   VII.1.1) Main CPV code:
      66150000 - Financial markets administration services.
   

   VII.1.2) Additional CPV code(s)
      Not Provided

   VII.1.3) Place of performance:
      UK UNITED KINGDOM
       
   
   VII.1.4) Description of the procurement:
    The administration/delivery of a financial support scheme for heat networks, known as the Heat Networks Investment Project (HNIP)    
   
   VII.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession:
         Duration in months: 60             
   
      Directive 2014/24/EU - In the case of framework agreements, provide justification for any duration exceeding 4 years:
      Not Provided       .
   
   VII.1.6) Information on value of the contract/lot/concession
   Total value of the contract/lot/concession: 10,800,000   
   Currency: GBP    
   
   The contract has been awarded to a group of economic operators: No
   VII.1.7) Name and address of the contractor/concessionaire, No. 1:
          Triple Point Investment Management Limited LLP, OC321250
          1 King William Street, London, EC4N 7AF, United Kingdom
          Tel. +44 2072153562, Email: hnipcontractmgt@beis.gov.uk
          Internet address: https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy
          NUTS Code: UK
   The contractor/concessionaire is an SME: No

   
VII.2) Information about modifications

   VII.2.1) Description of the modifications:
    As a result of a Regulation 72(5) assessment in October 2020 and complying with regulation 72(1)(c), 72(3), and Regulation 51 this is to notify the market of a change to contract which was agreed between the parties in December 2020:

The HNIP Delivery Partner’s rebate has been adjusted to become a conditional requirement upon raising the minimum fees from the Third Party Investment process.    
   
   VII.2.2) Reasons for modification:
         Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee (Art. 43(1)(c) of Directive 2014/23/EU, Art. 72(1)(c) of Directive 2014/24/EU, Art. 89(1)(c) of Directive 2014/25/EU)
   
   Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:
    The rationale for the adjustment reflects the current heat network market conditions and the ability of projects to take third party investment without further commercial intervention, meaning that the associated third party funding raising requirement has been made conditional.    
   
   VII.2.3) Increase in price
   Updated total contract value before the modifications (taking into account possible earlier contract modifications and price adaptions and, in
   the case of Directive 2014/23/EU, average inflation in the Member State concerned)
   Value excluding VAT: 10,800,000   
   Currency: GBP    
   
   Total contract value after the modifications:
   Value excluding VAT: 10,800,000    
   Currency: GBP