UK Public Sector Contracts & Tenders

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. Further detail is included in the procurement documents made available by NWF in respect of this tender notice. HOW TO RESPOND Tenderers are invited to submit a complete Tender response via the Atamis e‑Sourcing portal, https://atamis-3929.my.site.com/s/Welcome, by 12:0 noon on Friday 12th June 2026, in accordance with the instructions set out in this ITT. Late or incomplete submissions may be rejected. Tenderers should carefully review all tender documents, including the Specification, Contract and Pricing Template, to ensure their submission is fully compliant and capable of delivering the required services. The tender documents provided are as follows: • Invitation to Tender • Appendix 1 - Glossary • Appendix 2 - Rules of the Procurement • Appendix 3 - Specification • Appendix 4 – Contract • Appendix 5 - Tender Assessment Methodology • Appendix 6 - Qualification Questionnaire • Appendix 7 - Technical Questionnaire • Appendix 8 - Pricing Template • Appendix 9 - Confidential and Commercially Sensitive Information • Appendix 10 - Form of Tender • Appendix 11 - Tender Response Checklist • Appendix 12 - Compliance Matrix Responses must be structured across the following three envelopes: 1. Qualification Envelope: Completion of the Qualification Questionnaire (including pass/fail questions) and Compliance Matrix; 2. Technical Envelope: Responses to the Technical Questionnaire, clearly demonstrating how the proposed solution meets the Specification; 3. Commercial Envelope: Completion of the Pricing Template, including a clear breakdown of costs and all relevant assumptions. 4. At NWF’s discretion, should a second stage be needed, this may be conducted with the three highest-scoring Tenderers, who may be invited to a demonstration to present their solution. Tenderers will have 60 minutes, inclusive of introductions and questions, to demonstrate their solution/tool/platform via Microsoft Teams. QUESTIONS All communications, including clarification questions, must be submitted via the Atamis portal by 12 noon on Friday 5th June 2026.

The National Wealth Fund (“NWF”) regularly requires the provision of Management Due Diligence services in support of individual equity investment opportunities under consideration. In order to streamline and standardise the commissioning of these services, NWF is seeking to establish two overarching contractual arrangements from which services may be called off on a Statement of Work basis as individual investment opportunities arise. It is NWF’s intention to award contracts to two (2) suitably qualified suppliers, reflecting the potential for conflicts of interest that may arise in relation to target companies or differences in service line capability and capacity. Each contract is anticipated to be for a duration of four (4) years. Whilst the contracts will be established on a no‑committed spend basis, it is anticipated that they will represent the default route for the procurement of Management Due Diligence services throughout the contract term. The required outputs and deliverables associated with the services shall comprise draft and final Management Due Diligence reports. Services may be undertaken in respect of any combination of the following individuals, as specified by NWF on a case‑by‑case basis: - Founders and co‑founders - Executive directors - Members of the senior leadership team - Functional leads and other key individuals identified by NWF Specialisms sought under this contract include: - Management Capability Assessment (Core Requirement): A comprehensive assessment of the capability, effectiveness, and overall suitability of the target company’s management team. - Referencing and Evidence Gathering (Core Requirement): The undertaking of referencing and evidence‑gathering activities, which may include, as appropriate: referencing with previous employers or colleagues; referencing with current employees; and blinded or anonymised reference discussions. - Integrity and Background Checks (Optional Capability): Where relevant to the target company, the completion of integrity and background checks. - Compensation and Incentives Review (Optional Capability): Where relevant, a review of management remuneration and incentive arrangements, including benchmarking of base salary, variable cash compensation, equity participation, and option schemes. - Enhanced Team Effectiveness and Psychometric Assessment (Optional Capability): Where relevant, enhanced assessment of team effectiveness, potentially including the administration and interpretation of recognised psychometric or behavioural assessment tools at an individual and/or team level. - Regulatory, Government, and Stakeholder Engagement (Optional Capability): Where relevant, an assessment of management’s experience in engaging with central and local government bodies, together with experience of regulatory compliance and planning processes. Suppliers must offer those service lines marked as Core Scope and may apply for any service lines marked Optional Capability within their bid in order to be able to offer them under the contract.