Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
DESNZ & DSIT Group Commercial
3-8 Whitehall Place,
London
SW1A 2EG
UK
Contact person: Waseem Rana
E-mail: waseem.rana@energysecurity.gov.uk
NUTS: UK
Internet address(es)
Main address: https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Review of value of partnering with the GFI’s Transition Finance Lab
II.1.2) Main CPV code
66171000
II.1.3) Type of contract
Services
II.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.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
70 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
II.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.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
No
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.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
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.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
Section V: Award of contract
Title: Review of value of partnering with the GFI’s Transition Finance Lab
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
09/01/2026
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
GFI SOLUTIONS LTD
6 St Andrew Street,
London
EC4A 3AE
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 70 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Department for Energy Security and Net Zero
3-8 Whitehall Place
London
SW1A 2EG
UK
VI.5) Date of dispatch of this notice
26/01/2026