Investment in Forests and Sustainable Land Use Phase 2 (IFSLU2) Component 3
Estimated value
£31.5m
Awarded value
£31.5m
Suppliers
1
Lots
1
Published
28 Mar 2025
Description
The United Kingdom's Foreign, Commonwealth and Development Office ("FCDO") has awarded the Contract for delivery of Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme to Palladium International Ltd. Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) is an umbrella International Climate Finance (ICF) programme consisting of 5 components. IFSLU2 is managed by the FCDO's Energy, Climate and Environment Directorate (ECED). This Contract is for the IFSLU2 Programme Component 3: Business and market development in the Congo Basin The Supplier must undertake the management and implementation of the Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme. The core objectives for Component 3 are to: 1. Build the capacity of local organisations and institutions (e.g. cooperatives) to provide support and services to improve livelihoods through sustainable land use. 2. Support businesses and entrepreneurs to develop sustainable supply chains, partner with local communities and organisations, and increase readiness for sustainable land use investment. 3. Improve the national enabling environment and access to finance for businesses and communities, to support adoption of and investment into sustainable land use, forest protection and restoration. For Component 3, the following countries are in scope: the Democratic Republic of Congo (DRC), the Republic of Congo (ROC), and Cameroon and Gabon. The start date of the Contract is 1st March 2025, the initial Contract value is up to £31,500,000 with an option to increase its total value and duration based on continued need. The Contract value is exclusive of UK VAT but inclusive of all applicable local taxes. The end of the initial Contract is 28th February 2030. The Contract has an Extension Option for up to a further 60 months and an increase in additional value of up to a maximum of £35million. There is a Scale up Option (value extension only) up to an additional £15.75 million over the life of the Contract (including the Extension Period). Therefore, the estimated maximum value of this requirement is up to a maximum of £82.25million and the Contract may run until 2035, if extended.
Scope
- Reference
- tender_390139/1465433
- Total value
- £31,500,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 01 Mar 2025 to 28 Feb 2030
- CPV classifications
- 75211200
- Particular suitability
- Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)
Submission & procedure
- Submission deadline
- 12 Sept 2024, 9:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£31.5m
Award date
10 Feb 2025
Contract start
01 Mar 2025
Contract end
28 Feb 2030