BEIS Heat Networks Investment Vehicle (BHIVE)

Concepts

• district heating
• banking services
• corporate finance
• venture capital
• loan brokerage

Location

Description

The aim of the BHIVE DPS is to establish a competitively procured arrangement that will facilitate investment (equity and asset finance) into Heat Network projects and provide projects with access to an investor base with the experience, appetite and capabilities to deliver successful heat network projects.

CPV Codes

• 09323000 - District heating
• 66110000 - Banking services
• 66122000 - Corporate finance and venture capital services
• 66190000 - Loan brokerage services

Indicators

• Contract is suitable for SMEs.
• Contract is suitable for VCOs.

Other Information

BEIS would expect the DPS to be utilised by Potential Providers (suppliers) to provide investment (equity and asset finance) and ancillary services to support the delivery of Heat Network projects. The BHIVE DPS will be open to all public sector in England and Wales only. Further Information can be accessed via https://tp-heatnetworks.org/bhive. The BHIVE DPS will be accepting applications until the 4th of December 2022. The Contracting Authority has made amendments to the supplier questionnaire and Dynamic Purchasing System Agreement summarised below. 1) An additional question has been added to the supplier questionnaire under Lot 1 that reads per the below. In respect of Lot 1 only, please provide a short description of your proposed commercial structure, including: (a) whether you are bidding as a single entity, a lead entity with subcontractor(s) or a group of economic operators; (b) the proposed roles of each entity (e.g. lead entity, subcontractor(s), consortium member); (c) confirmation of which entity will sign the following documents: (i) the Dynamic Purchasing System Agreement and the Call-Off Contract (both must be signed by the entity providing the services); (ii) the Shareholders' Agreement (must be signed by the entity providing the funding) 2) An additional section on GDPR has been added to the supplier questionnaire 3) The Dynamic Purchasing System Agreement has been updated with GDPR provisions and a new schedule 12 on data protection. The Call-Off Agreement and Shareholders Agreement for Lot 1 have been cross-referenced accordingly 4) The Dynamic Purchasing System Agreement has been updated to align with the supplier questionnaire regarding ISO27001 accreditation. 5) The Closing Date has been changed to 31/03/2023