Award of IFSLU2 Programme Components 1 and 2 for Forests and Sustainable Land Use
Awarded 01 Feb 2025
About
The Foreign Commonwealth and Development Office awarded a contract to Palladium International Ltd for the management and implementation of Component 1 and Component 2 of the Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme.
Component 1 covers the provision of a Technical Assistance Facility, while Component 2 involves monitoring, reporting, and managing grant agreements; sourcing and agreeing additional grants to build a portfolio of grant-funded projects supporting smallholders at scale; and supporting FCDO to identify and design potential future activities to scale smallholder support.
The contract value is up to £129,744,000, exclusive of UK VAT but inclusive of all applicable local taxes, with a start date of 1 February 2025 and an end date of 31 January 2030.
The contract includes an extension option for up to a further 60 months and an increase in additional value of up to a maximum of £239 million, as well as a scale-up option (value extension only) up to an additional £100 million over the life of the contract, potentially increasing the total value to £469 million and extending the contract until 2035.
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