Source: https://tendernation.io/opportunities/01a13bd8-ae97-70d8-9cfb-29c8dfc26df1/c1345-climate-physical-risk-assessment-services awarded GB open procedure Suitable for SMEs # C1345 - Climate Physical Risk Assessment Services [National Wealth Fund Limited](https://tendernation.io/buyers/national-wealth-fund-limited) Estimated value £100,000 Published 19 Aug 2026 Deadline Closed 12 Jun 2026 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Below-threshold contract Buyers cannot shortlist bidders on suitability before tenders are in, so everyone gets to submit a bid (except some larger works contracts). [Procurement Act 2023, section 85](https://www.legislation.gov.uk/ukpga/2023/54/section/85) - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender 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. Read full description ## CPV classification IT services: consulting, software development, Internet and support Environmental services Risk or hazard assessment other than for construction Environmental management Source Find a Tender (UK) · Notice ocds-h6vhtk-066b64-2026-08-19T14:31:10+01:00 [View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-066b64-2026-08-19T14:31:10+01:00) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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