Tender

Renewable Electricity

SUFFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

29 Jul 2021 at 16:08

Summary of the contracting process

The Suffolk County Council is currently conducting a tender for a "Renewable Electricity" contract, aimed at procuring flexible, risk-managed renewable electricity over a rolling three-year period, commencing from 1st April 2022 and concluding on 31st March 2025. The anticipated contract value is £40 million, while the minimum value stands at £32 million. The procurement method employed is an open procedure above threshold, with the tender period set to close on 3rd September 2021. This procurement falls under the electricity industry category and will serve various metered electricity supplies across the United Kingdom.

This opportunity presents a significant avenue for growth for businesses engaged in renewable energy supply and related services. Companies capable of providing flexible electricity solutions, particularly those with experience in wholesale energy trading and fixed pricing strategies, would be well-positioned to compete. Given the scale of the contract and the anticipated volume of consumption, firms that can demonstrate robust risk management practices and the ability to manage large portfolios of electricity supplies are encouraged to participate in this procurement process.

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Notice Title

Renewable Electricity

Notice Description

We require a flexible risk managed renewable electricity contract on a rolling basis for 3 years, for the period 1st April 2022 to 31st March 2025. Operating as an aggregated portfolio of renewable electricity consumption for Half Hourly metered (HH), and non-Half Hourly metered (NHH) supplies forming part of a combined portfolio. The portfolio must also contain Unmetered Supplies (UMS) which are both NHH and HH. Our anticipated consumption is expected as follows HH Gwh 58,975,055 NHH Gwh 17,454,729 We will operate a rolling three year (36 month) purchasing strategy for multiple customers, where renewable electricity will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers. The portfolio may at Vertas or its adviser's direction be split into purchasing in advance of year and purchasing within year. Renewable electricity is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance of delivery and may be greater than one year and as short as one month. CD1335 Supply of Renewable Electricity, the Successful Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date. The successful supplier is required to provide short term pricing where necessary to bring new customers to a co-terminus date. The documentation is available at www.suffolksourcing.uk Additional information: The tender documentation is available at www.suffolksourcing.uk

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-42f524da-32fd-4e13-91da-8f40c9c20fc6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e73ad093-3108-486b-9b75-18639b31927c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

65 - Public utilities


CPV Codes

09310000 - Electricity

65300000 - Electricity distribution and related services

Notice Value(s)

Tender Value
£40,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20214 years ago
Submission Deadline
2 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SUFFOLK COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
IPSWICH
Postcode
IP1 2BX
Post Town
Ipswich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH6 Suffolk
Small Region (ITL 3)
TLH62 Ipswich
Delivery Location
Not specified

Local Authority
Ipswich
Electoral Ward
Gipping
Westminster Constituency
Ipswich

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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