Energy and related services

Tender description

The Energy Accelerator will provide expert technical, financial, commercial and specialist legal advice directly to Project Sponsors from the public and private sector who require project development support to develop projects through to financial close in the following low carbon sectors: — district heating networks, — commercial and domestic energy efficiency retrofits including integration of renewable energy sources into the built environment (e.g. solar PV), — low carbon street infrastructure. The Energy Accelerator will provide expert technical, financial, commercial and specialist legal advice directly to Project Sponsors from the public and private sector who require project development support to develop projects through to financial close in the following low carbon sectors: — district heating networks, — commercial and domestic energy efficiency retrofits including integration of renewable energy sources into the built environment (e.g. solar PV), — low carbon street infrastructure. An initial pipeline of low carbon projects has been identified across the Leeds City Region, ranging in support requirement value from c 5 000 GBP to c 500 000 GBP. However, while it is expected that the actual number of projects supported may change during the 3 year course of the programme, the overall total value of support provided will not change. The procured suppliers will be expected to play an integral role in identifying and developing new projects. The Combined Authority expects that the Energy Accelerator will be required to meet contractual obligations relating to the leverage of project development support to capital investment reaching financial close. The procured suppliers will be expected to take a lead role in developing projects from initial appraisal for support through to financial close, and will be required to meet key performance indicators relating to leverage and other factors. While the final decision to support projects rests with the Combined Authority, the Combined Authority will make these decisions relying on recommendations made by the suppliers. It is expected that project development support will be broad in scope including, for example, technical surveys and advice to identify appropriate technologies and support implementation design, financial and commercial advice on viability and commercialisation of projects, procurement support, and specialist legal advice to support projects to contract stage (note that legal contracting itself is outside of the scope of the Energy Accelerator). It is expected that the financial advice required will vary from project to project but may include financial modelling and appraisal and identification and introduction of commercial funding opportunities. The estimated value (excluding VAT) of the services, including delivering as many low carbon projects as possible, over the three years is 3 270 000 GBP. The Combined Authority expects that the Commercial and Technical Lead roles will be part-time and will be co-located with the Combined Authority’s Programme Delivery Team for the duration of the contract.