Award

Private Wire - Power Purchase Agreements

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Award

27 Feb 2024 at 12:02

Summary of the contracting process

The procurement process for the contract titled "Private Wire - Power Purchase Agreements" involved BIP SOLUTIONS LIMITED as the buyer. The contract falls under the industry category of Electricity and had a total value of 54,000,000 GBP. The procurement method used was a Negotiated procedure without prior publication. The tender period ended on 25th February 2024, with a contract period starting on 26th February 2024 until 31st March 2049 in Scotland, United Kingdom.

This tender for Power Purchase Agreements presents business growth opportunities for companies involved in electricity generation and distribution. Businesses capable of managing long-term power contracts and onsite power generation installations are well-suited to compete. The contract, spanning until 2049, offers stability and potential for revenue growth for successful suppliers. Interested parties should focus on demonstrating expertise in power provision and meeting the requirements outlined in the contract terms.

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Notice Title

Private Wire - Power Purchase Agreements

Notice Description

Power Purchase Agreements (PPAs) for power provided to Stirling WWTW and Dalmarnock WWTW via private wire from onsite CHP units. The CHP units are being sold by Scottish Water Horizons Limited to Noventa - Helix Heat & Power I Ltd and Noventa - Helix Heat & Power II Ltd. As SW has on ongoing requirement for onsite power generation, PPAs will be placed with the new asset owners. The PPAs will be in place until 2040 with extension options to 2049.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e003ac5-2681-4a2a-8cfa-3074da17ccc3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f816c8ad-ab2e-48e4-a3ea-4798e62ed15e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

09 - Petroleum products, fuel, electricity and other sources of energy


CPV Codes

09310000 - Electricity

Notice Value(s)

Tender Value
£54,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£54,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 20241 years ago
Submission Deadline
25 Feb 2024Expired
Future Notice Date
Not specified
Award Date
25 Feb 20241 years ago
Contract Period
26 Feb 2024 - 31 Mar 2049 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G33 6FB
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM34 North Lanarkshire
Delivery Location
TLM Scotland

Local Authority
North Lanarkshire
Electoral Ward
Stepps, Chryston and Muirhead
Westminster Constituency
Cumbernauld and Kirkintilloch

Supplier Information

Number of Suppliers
2
Supplier Names

NOVENTA - HELIX HEAT & POWER I

NOVENTA - HELIX HEAT & POWER II

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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