Planning

GSS24785 - Auction Platform services for the UK Emissions Trading Scheme

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 3 releases in its history.

Planning

11 Nov 2024 at 11:48

Planning

08 Nov 2024 at 14:41

Planning

08 Nov 2024 at 14:28

Summary of the contracting process

UK SHARED BUSINESS SERVICES LIMITED is initiating the procurement process for auction platform services under the UK Emissions Trading Scheme (ETS), titled "GSS24785 - Auction Platform services for the UK Emissions Trading Scheme." The industry category for this tender is primarily financial markets administration services, with additional classifications including auction software development and electronic auction services. The procurement is currently in the planning stage, with a market engagement milestone set to end on 22nd November 2024. The first auction under the resulting contract will take place on or after 1st January 2026. The documents related to the planning phase were published between 8th and 11th November 2024.

This tender presents a significant opportunity for businesses specialising in financial services software, particularly those with capabilities in running electronic auction platforms and providing high-quality customer service and reporting. Potential suppliers should note the requirement for Recognised Investment Exchange (RIE) and Recognised Auction Platform (RAP) accreditations. Engaging in the market consultation process will not only prepare suppliers to meet the requirements but also offer them a chance to shape the final specification. Due to the substantial contract value and a potential duration of up to five years, well-established firms capable of operating within the financial regulations will find this particularly beneficial for long-term business growth.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

GSS24785 - Auction Platform services for the UK Emissions Trading Scheme

Notice Description

The Contracting Authority (DESNZ) intends to run a procurement exercise to obtain an auction platform provision contract to provide value for money auctioning of UK Emissions Trading Scheme allowances. This will also include related services (which include processing admissions to bid; clearing and settlement; high quality customer service; monitoring; and reporting) to Her Majesty's Government (HMG). Further details on UK ETS legislation can be found here: https://www.gov.uk/government/publications/participating-in-the-uk-ets/participating-in-the-uk-ets The first auction under the terms of the appointment will be on a specified date (to be agreed) on or after 1st January 2026. For further information please find attached EOI document attached to this notice. The Contracting Authority is utilising this PIN as a market engagement exercise to: (a) make the market aware of the upcoming requirement (b) to better understand the market landscape of suppliers who would be able to deliver this requirement and (c) request that any interested suppliers confirm their interest in bidding by Friday 22nd November 2024. Additional information: Indicative contract value: The value of the contract is generated from the fee per allowance sold at auction charged by the appointed auction platform. Regulation 34 of the Auctioning Regulations sets out that the fees the appointed auction platform may charge must be no less favourable than comparable standard fees and conditions applied on the secondary market. Bidding suppliers will be asked to propose a fee per allowance sold at auction to charge successful auction bidders in their tender response. The number of allowances auctioned per year are determined using the formula at Regulation 9 of the Auctioning Regulations. No fee is paid directly by the Contracting Authority to the auction service provider. Duration: 3 years with two possible 1-year extension options (total duration of up to 5 years) The Contracting Authority is seeking to engage with the market to obtain a stronger understanding of the market landscape and suppliers who are interested in fulfilling the accreditation requirements. Questions for interested suppliers: 1) Please confirm if your company intends to bid for this requirement? 2) Do you hold RIE accreditation? 3) Do you hold RAP accreditation? 4) If the response to 2 and/or 3 above is 'no', please share your plan and timeline to obtaining the required accreditation(s), including the date on which you plan to provide the required information (as specified in the Recognised Investment Exchanges section of the FCA handbook) to the FCA. We are inviting interested suppliers to respond to the above questions by completing this questionnaire https://forms.office.com/e/1YEkHzW8Qz by Friday 22nd November 2024. By responding to the questionnaire, you will be engaging in non-competitive dialogue which will enable DESNZ to develop and assess the market's appetite, concerns and view on the formulation of its requirements. DESNZ may consider the information and responses received as part of the questionnaire to help inform the specification and further decision making in relation to the planning and conduct of the procurement, ensuring all valid options are considered. If only 1 supplier expresses interest, DESNZ will pursue a direct award. For the avoidance, this notice is not a Call for Competition; a Contract Notice will be issued as a call for competition. Not providing a response to the questionnaire shall not prevent any supplier from participating in a future procurement, nor is it intended that any information suppliers as part of the market consultation place any supplier at an advantage in a potential procurement process.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e4c11f8-6878-4210-9c18-fa50e8a9af4c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e35734e-4de8-4cf0-8a9b-d42cd1c21ddf
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

72 - IT services: consulting, software development, Internet and support

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


CPV Codes

66150000 - Financial markets administration services

72212470 - Auction software development services

79342410 - Electronic auction services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
22 Nov 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES 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
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3e4c11f8-6878-4210-9c18-fa50e8a9af4c-2024-11-11T11:48:33Z",
    "date": "2024-11-11T11:48:33Z",
    "ocid": "ocds-b5fd17-3e4c11f8-6878-4210-9c18-fa50e8a9af4c",
    "language": "en",
    "initiationType": "tender",
    "title": "GSS24785 - Auction Platform services for the UK Emissions Trading Scheme",
    "planning": {
        "milestones": [
            {
                "id": "1",
                "title": "Engagement end date",
                "type": "engagement",
                "dueDate": "2024-11-22T23:59:59Z"
            }
        ],
        "documents": [
            {
                "id": "1",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/0e35734e-4de8-4cf0-8a9b-d42cd1c21ddf",
                "datePublished": "2024-11-08T14:28:28Z",
                "format": "text/html",
                "language": "en",
                "dateModified": "2024-11-11T11:48:33Z"
            },
            {
                "id": "2",
                "documentType": "plannedProcurementNotice",
                "description": "GSS24785 - Expression of Interest",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/c3c11729-ec03-4a4c-9e22-f1f7a7e6e8e9",
                "format": "application/pdf"
            },
            {
                "id": "3",
                "documentType": "eligibilityCriteria",
                "description": "Supplier Response Questionnaire",
                "url": "https://forms.office.com/e/1YEkHzW8Qz"
            }
        ]
    },
    "tender": {
        "id": "GSS24785",
        "title": "GSS24785 - Auction Platform services for the UK Emissions Trading Scheme",
        "description": "The Contracting Authority (DESNZ) intends to run a procurement exercise to obtain an auction platform provision contract to provide value for money auctioning of UK Emissions Trading Scheme allowances. This will also include related services (which include processing admissions to bid; clearing and settlement; high quality customer service; monitoring; and reporting) to Her Majesty's Government (HMG). Further details on UK ETS legislation can be found here: https://www.gov.uk/government/publications/participating-in-the-uk-ets/participating-in-the-uk-ets The first auction under the terms of the appointment will be on a specified date (to be agreed) on or after 1st January 2026. For further information please find attached EOI document attached to this notice. The Contracting Authority is utilising this PIN as a market engagement exercise to: (a) make the market aware of the upcoming requirement (b) to better understand the market landscape of suppliers who would be able to deliver this requirement and (c) request that any interested suppliers confirm their interest in bidding by Friday 22nd November 2024. Additional information: Indicative contract value: The value of the contract is generated from the fee per allowance sold at auction charged by the appointed auction platform. Regulation 34 of the Auctioning Regulations sets out that the fees the appointed auction platform may charge must be no less favourable than comparable standard fees and conditions applied on the secondary market. Bidding suppliers will be asked to propose a fee per allowance sold at auction to charge successful auction bidders in their tender response. The number of allowances auctioned per year are determined using the formula at Regulation 9 of the Auctioning Regulations. No fee is paid directly by the Contracting Authority to the auction service provider. Duration: 3 years with two possible 1-year extension options (total duration of up to 5 years) The Contracting Authority is seeking to engage with the market to obtain a stronger understanding of the market landscape and suppliers who are interested in fulfilling the accreditation requirements. Questions for interested suppliers: 1) Please confirm if your company intends to bid for this requirement? 2) Do you hold RIE accreditation? 3) Do you hold RAP accreditation? 4) If the response to 2 and/or 3 above is 'no', please share your plan and timeline to obtaining the required accreditation(s), including the date on which you plan to provide the required information (as specified in the Recognised Investment Exchanges section of the FCA handbook) to the FCA. We are inviting interested suppliers to respond to the above questions by completing this questionnaire https://forms.office.com/e/1YEkHzW8Qz by Friday 22nd November 2024. By responding to the questionnaire, you will be engaging in non-competitive dialogue which will enable DESNZ to develop and assess the market's appetite, concerns and view on the formulation of its requirements. DESNZ may consider the information and responses received as part of the questionnaire to help inform the specification and further decision making in relation to the planning and conduct of the procurement, ensuring all valid options are considered. If only 1 supplier expresses interest, DESNZ will pursue a direct award. For the avoidance, this notice is not a Call for Competition; a Contract Notice will be issued as a call for competition. Not providing a response to the questionnaire shall not prevent any supplier from participating in a future procurement, nor is it intended that any information suppliers as part of the market consultation place any supplier at an advantage in a potential procurement process.",
        "status": "planning",
        "classification": {
            "scheme": "CPV",
            "id": "66150000",
            "description": "Financial markets administration services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "72212470",
                "description": "Auction software development services"
            },
            {
                "scheme": "CPV",
                "id": "79342410",
                "description": "Electronic auction services"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/dXGP288m",
            "name": "UK SHARED BUSINESS SERVICES LIMITED",
            "identifier": {
                "legalName": "UK SHARED BUSINESS SERVICES LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/dXGP288m"
            },
            "address": {
                "streetAddress": "Polaris House",
                "locality": "SWINDON",
                "postalCode": "SN21FF",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Ben Oborne",
                "email": "coreservices@uksbs.co.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/dXGP288m",
        "name": "UK SHARED BUSINESS SERVICES LIMITED"
    }
}