Date documents can be requested until : 26 May 2023 15:00
Title : Consulting Services to Develop Fund Regulations and Contribution Agreement for an ITMO Purchasing Trust Fund
Procurement No. : 100008171
Process : RFP
Description : GGGI to support its “Mobilizing Article 6 Trading Structures (MATS)” project is inviting eligible firms/entities to submit their proposals for following scope of work:

PROJECT BACKGROUND
Since 2020 GGGI has been implementing the Mobilising Article 6 Trading Structures (MATS) Program, which aims to scale up international carbon trading under the mechanisms established through Article 6 of the Paris Agreement. In October 2022, the establishment of a Carbon Transaction Platform (CTP) was approved by the GGGI Council to host carbon trust funds that can proactively support buyers and sellers among GGGI’s Member and partner network to complete international cooperative activities under the Paris Agreement, leading to trades. In 2023, GGGI is actively setting up the CTP, working with the SEA to set up the first Internationally Transferred Mitigation Outcomes (ITMO) purchasing trust fund.

OBJECTIVE OF THE ASSIGNMENT
The objective of this consultancy is to develop Fund Regulations for this fund. The Fund Regulations will build on the Information Memorandum developed by GGGI and should enable the establishment and operation of the trust fund. Therefore, GGGI is seeking to engage a firm or a consortium of firms to develop Fund Regulations, a Contribution Agreement and a risk assessment for an ITMO-purchasing trust fund, with GGGI as the trustee.

PROPOSED ACTIVITIES
1) Analysis of key issues for Fund Regulations and Contribution Agreement
2) Assessment of risks to GGGI as trustee of the ITMO purchasing Trust Fund
3) Development of Fund Regulations and Contribution Agreement

For more details, please refer to the Terms of Reference (TOR) document attached.

IMPORTANT TIMELINES
This project is expected to start in June 2023 and be completed by 15 September 2023.
The tender submission deadline is 26 May 2023 16:00 pm KST.

Interested parties will be required to register their details on the GGGI e-Green Procurement Portal (https://in-tendhost.co.uk/gggi).

HOW TO OBTAIN THE DOCUMENTS:
Documents can be accessed via the e-Green Procurement Portal by selecting ‘View Details’ on the relevant notice and then clicking the ‘Tender Application’ button. If you are a new supplier, you will be required to register your details. If you have an existing account, you will need to login to the portal. Please refer to the guidance documents under the `Supplier Guidance` area of the portal for further information.

ONLINE TENDER MANAGEMENT
Once in the Tender Management Area for the tender, there are five possible tabs: ‘Tender’, `Tender Documents`, ‘Correspondence’, ‘Clarifications’ and ‘History’. Select the 2nd tab (`Tender Documents`) where you will find useful information regarding the RFP. Scroll down to the heading ‘Tender Documents Received’ where you will be able to view / download the documents.

OPTING IN & OPTING OUT:
Please note that you may be required to ‘Opt In’ before you can start populating your response. The ‘Opt Out’ functionality will also be available throughout the duration of the tender process. Opting out will give you the option of declaring you no longer want to receive any further communication in relation to this tender along with the opportunity of providing comments and feedback for this decision. You can choose to ‘Opt In’ at any time during the tender process if you initially decided to ‘Opt Out’.

SUBMITTING YOUR RESPONSE VIA THE PORTAL:
Please note that you may be required to ‘Opt In’ to be able to submit a response through the portal. Tenderers will be required to upload any mandatory Placeholders (i.e. specified documents) within the `Tender Documents` tab. The ability to attach additional documents may also be available. Your proposal will not be submitted until you click `Submit Return`, located towards the bottom of the screen. On clicking `Submit Return`, you will receive a receipt confirming that your proposal has been submitted to GGGI.
Please read Instructions on How to submit the Proposal.

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