Contract

Review of value of partnering with the GFI’s Transition Finance Lab

  • DESNZ & DSIT Group Commercial

F03: Contract award notice

Notice identifier: 2026/S 000-006496

Procurement identifier (OCID): ocds-h6vhtk-060e17

Published 26 January 2026, 10:42am



Section one: Contracting authority

one.1) Name and addresses

DESNZ & DSIT Group Commercial

3-8 Whitehall Place,

London

SW1A 2EG

Contact

Waseem Rana

Email

waseem.rana@energysecurity.gov.uk

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Review of value of partnering with the GFI’s Transition Finance Lab

two.1.2) Main CPV code

  • 66171000 - Financial consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

HMG’s Financial Services and Growth Strategy specifically flagged that DESNZ would work proactively with the Green Finance Institute and others to “explore innovative financial structures for the Clean Energy Mission.”

DESNZ, we see a genuine potential to add value by partnering with the GFI on their TF Lab, but need more examples of the value it can add and be able to develop a narrative and governance structure.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £70,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Work is needed to both scope out the exact nature of a Partnership ( DESNZ and Green Finance Institute) and develop a consensus across government, including HMT and key Public Finance Institutions, of the value of developing and funding such an initiative.

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • The procurement falls outside the scope of application of the regulations

Explanation:

The contract value of £70,000 is below the applicable procurement thresholds, so no prior publication in OJEU/Find a Tender was required. A direct award is lawful because the Green Finance Institute is the only organisation with the established Transition Finance Lab and the exclusive expertise necessary to deliver the work, meaning no reasonable alternative supplier exists.

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No


Section five. Award of contract

Title

Review of value of partnering with the GFI’s Transition Finance Lab

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

9 January 2026

five.2.2) Information about tenders

Number of tenders received: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

GFI SOLUTIONS LTD

6 St Andrew Street,

London

EC4A 3AE

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £70,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Department for Energy Security and Net Zero

3-8 Whitehall Place

London

SW1A 2EG

Country

United Kingdom