Professional services to support IFC-s DRIVE Upstream Tender

Notice for Professional services to support IFC-s DRIVE Upstream Advisory in USA. The reference ID of the tender is 140565014 and it is closing on 28 May 2026.

Tender Details

Country: USA
Summary: Professional services to support IFC-s DRIVE Upstream Advisory
UST Ref No: 140565014
Deadline: 28 May 2026
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002022013
Purchaser's Detail:
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Description:
In 2023, IFC developed the GRIP (Greening Real Estate Investment Portfolios) upstream advisory service to deliver an integrated service to large real estate asset owners, operators, and investors. GRIP helps define clear interim targets to achieve net zero in alignment with the Paris Agreement, using portfolio-level decarbonization strategies supported by IFC-s financing and mobilization capabilities. Since its inception, GRIP has worked on engagements with 15 large real estate organizations across emerging markets, impacting over 50 million square feet of gross leasable area, supporting more than US$2.5 billion in associated investments.Transition to DRIVEEffective January 1, 2026, GRIP has been rebranded under the name DRIVE (Decarbonizing Real Estate for Impact & Value Enhancement). The rebranding emphasizes portfolio-wide decarbonization objectives, distancing from the narrower “greening” terminology that is often associated with single-asset improvements. DRIVE directly aligns with IFC-s strategic objective to reduce carbon emissions across real estate portfolios at scale.DRIVE introduces the DRIVE to ZERO Readiness Score - a quantifiable metric assessing client portfolio decarbonization readiness both before and after engagement. This addresses a key gap in GRIP, which lacked a standardized numerical metric to measure advisory outcomes. The Score also aligns with clients- Net Zero goals and IFC-s Paris Alignment benchmark, enabling IFC and its clients to track, communicate, and validate portfolio-wide decarbonization progress over time.
90 - CONTRACT CONSULTANTS
Documents:

Tender Notice

DRIVE-EOI_TOR_vF_Updated-01May2026.docx

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Professional services to support IFC-s DRIVE Upstream Advisory - USA Tender

The WORLD BANK(WB), a Government sector organization in USA, has announced a new tender for Professional services to support IFC-s DRIVE Upstream Advisory. This tender is published on USARFP under UST Ref No: 140565014 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2026-05-28.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.

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