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.

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 as listed below.

Those listed and maintained by the Government on their website at https://www.gov.uk/government/organisations or any replacement or updated web-link — England and Wales only

Those listed and maintained by the Office of National Statistics (ONS) at

https://www.ons.gov.uk/methodology/classificationsandstandards/economicstatisticsclassifications/introductiontoeconomicstatisticsclassifications or any replacement or updated web-link. England and Wales only

Those bodies in England and Wales which are within the scope of the definition of ‘Contracting Authority’ in regulation 2(1) of the Public Contracts Regulations 2015 (PCR) and/or Schedule 1 PCR.

Procurement of equity investment and related services for heat network projects for eligible bodies.

Procurement of asset financing for heat network related assets for eligible bodies.