Award

Contract Award

DESNZ

This public procurement record has 1 release in its history.

Award

10 Jul 2024 at 07:34

Award Notice
Summary of the contracting process

The procurement process for this contract involved the buying organisation DESNZ seeking a subscription service for forward price data and insight related to gas and electricity markets in GB and Europe. The tender was conducted using a direct procurement method with a single tender action below threshold. The contract value is 19635 GBP, with a tender period ending on 21st June 2024 and a contract period starting on 24th June 2024 and ending on 24th June 2025. The contracting parties include DESNZ as the buyer and ICIS: Independent Commodity Intelligence Services as the supplier.

This tender for a subscription service presents an opportunity for businesses involved in providing data and commentary on forwards prices for energy markets to engage with DESNZ. Companies with expertise in subscription services and a focus on energy market analytics may find this tender well-suited for their capabilities. The contract award date was 25th June 2024, and the awarded contract period runs till 24th June 2025. Businesses interested in providing ongoing market insights and analysis in the energy sector may consider engaging with DESNZ as it explores new data services.

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Notice Information

Notice Title

Contract Award

Notice Description

Forward price data and insight subscription service , Data and commentary on forwards prices for gas and electricity markets in GB and Europe.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-037fb2be-4992-4fda-ab84-67e293d7db7a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e7f0c5cc-3f4c-4e6f-84c8-26a8f53af7fa
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£19,635 Under £100K
Lots Value
Not specified
Awards Value
£19,635 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jul 20241 years ago
Submission Deadline
21 Jun 2024Expired
Future Notice Date
Not specified
Award Date
24 Jun 20241 years ago
Contract Period
24 Jun 2024 - 24 Jun 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DESNZ
Contact Name
Not specified
Contact Email
mercedes.ekanem@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ICIS: INDEPENDENT COMMODITY INTELLIGENCE SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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