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PROCUREMENT OPPORTUNITY

C1345 - Climate Physical Risk Assessment Services

National Wealth Fund Limited · Contract details notice on Find a Tender

Tender information last checkedLast checked 25 Sept 2026, 22:31.

Opportunity overview

The National Wealth Fund (NWF) is seeking to appoint a supplier to provide climate physical risk assessment services, including a digital tool/platform and associated implementation, support and knowledge transfer. The service will enable NWF to identify, assess, quantify and interpret physical climate risks (both acute and chronic) across its investment portfolio at asset, transaction and portfolio level. The solution must support end‑to‑end workflow capability, including data ingestion, risk modelling, visualisation, portfolio aggregation and translation of climate risks into financial and credit impacts. Suppliers must provide a robust, transparent and auditable methodology, with clear documentation of underlying data sources, assumptions and limitations. Outputs must be suitable for investment decision‑making, portfolio monitoring and reporting, including provision of technical and financial risk metrics, mapping and scenario‑based analysis. The scope includes onboarding, configuration, user support and training, alongside comprehensive knowledge transfer to ensure NWF can independently operate and interpret the solution. The Supplier is expected to deliver high‑quality outputs aligned to public sector governance, auditability and data security requirements. The Contract will support NWF in embedding climate risk considerations into investment processes, strengthening risk management capability and supporting its strategic objective to address climate change and deliver sustainable economic growth.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

SmartResilience Ltd

Matched by exact name
Contract value
£78.6k
Awarded
Not supplied
Contract signed
23 Jul 2026
Including VAT
£94.4k
Award ID
1
Status
active
Identifier
GB-PPON PVBZ-5858-GNGT
Location
Colchester, UKH34, CO4 3ZQ, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
C1345
Status
complete
Procurement Method
open
Procurement Method Details
Below threshold - open competition

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
National Wealth Fund Limited
Id
GB-PPON-PZLH-3537-RPCP

Identifier

Scheme
GB-PPON
Id
PZLH-3537-RPCP

Address

Street Address
2 Whitehall Quay, Leeds, LS1 4HR
Locality
Leeds
Postal Code
LS1 4HR
Country
GB
Country Name
United Kingdom
Region
UKE42

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
SmartResilience Ltd
Id
GB-PPON-PVBZ-5858-GNGT

Identifier

Scheme
GB-PPON
Id
PVBZ-5858-GNGT

Address

Street Address
SmartResilience Ltd, Innovation Centre Knowledge Gateway, Colchester, CO4 3ZQ
Locality
Colchester
Postal Code
CO4 3ZQ
Country
GB
Country Name
United Kingdom
Region
UKH34

Contact

Roles

supplier

Details

Scale
sme
Vcse
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
72000000
Description
IT services: consulting, software development, Internet and support
Entry 2
Scheme
CPV
Id
90710000
Description
Environmental management
Entry 3
Scheme
CPV
Id
90700000
Description
Environmental services
Entry 4
Scheme
CPV
Id
90711100
Description
Risk or hazard assessment other than for construction

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-PPON-PVBZ-5858-GNGT
Name
SmartResilience Ltd

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
C1345 - Climate Physical Risk Assessment Services
Status
active
Has Renewal
Yes
Above Threshold
No
Date Signed
24 Jul 2026, 00:00

Period

Starts
30 Jul 2026, 00:00
Ends
29 Jul 2027, 23:59
Max Extent Date
29 Jul 2028, 23:59

Renewal

Description
1 optional extension till 29/07/2028.

Value

Including VAT
94,368
Amount
78,640
Currency
GBP

Documents

Entry 1
Id
079058-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
19 Aug 2026, 14:31
Format
text/html

Recorded locations

  • Buyer location · Leeds · UKE42 · LS1 4HR · United Kingdom

Notice and amendment history

7 published notice versions reviewed by ProcuraAxis.

7 VERSIONS
  1. 023679-2026Preliminary market engagement notice on Find a Tender ·
  2. 023695-2026Preliminary market engagement notice on Find a Tender ·
  3. 023815-2026Preliminary market engagement notice on Find a Tender ·
  4. 049274-2026Tender notice on Find a Tender ·
  5. 049276-2026Tender notice on Find a Tender ·
  6. 051242-2026Tender notice on Find a Tender ·
  7. 079058-2026Contract details notice on Find a Tender ·