Investment in Forests and Sustainable Land Use Phase II (IFSLU2) Programme - Component 1 and 2
Key facts
- Contract value
- £129,744,000
- Awarded
- 29 Jan 2025
- Procedure
- Open procedure
- Buyer type
- Central government
- Source
- Find a Tender
Awarded to
| Supplier | Value |
|---|---|
| Palladium International LTD | £129,744,000 |
Description
The United Kingdom’s Foreign, Commonwealth and Development Office (“FCDO”) has awarded the Contract for delivery of Component 1 and 2 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2 C1 and C2) 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's Component 1: Business Incubation, Pipeline Development and Business Enabling Conditions and Component 2: Enhanced Support for Smallholder Farmers. The Supplier must undertake the management and implementation of the Component 1 and 2 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme. The start date of the Contract is 1st February 2025, the Contract value is up to £129,744,000, 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 Contract is 31st January 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 £239 million. There is a Scale up Option (value extension only) up to an additional £100 million over the life of the Contract (including the Extension Period). Therefore, the Contract value may be increased to an overall total of £469 million and the Contract may run until 2035, if extended.
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