Award

Framework Agreement for the Supply of Flexible Mains Gas, Electricity and related services

LONDON UNIVERSITIES PURCHASING CONSORTIUM

This public procurement record has 1 release in its history.

Award

12 Jun 2024 at 16:08

Award Notice
Summary of the contracting process

The Energy Consortium, acting as the contracting authority, has awarded a Framework Agreement for the Supply of Flexible Mains Gas, Electricity, and related services. The agreement, commencing on 1st October 2024, aims to maximise aggregation benefits through risk-managed approaches. The contract period extends for two years with a possible extension of up to 24 months. The procurement method used was a selective process with a tender period ending on 11th September 2023.

This tender presents an opportunity for businesses in the petroleum products, fuel, electricity, and energy sectors to participate in a lucrative framework agreement. Companies with expertise in energy trading, risk management, and carbon reduction initiatives would be well-suited to compete. The successful tenderer(s) will have the chance to contract directly with the Authority's Members for the provision of energy services and goods in addition to gas and electricity supplies.

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Notice Information

Notice Title

Framework Agreement for the Supply of Flexible Mains Gas, Electricity and related services

Notice Description

PLEASE NOTE: LUPC IS RUNNING THIS OPPORTUNITY FOR THE ENERGY CONSORTIUM WHO WILL ACT AS THE CONTRACTING AUTHORITY. The contracting authority (The Energy Consortium (TEC)) is seeking to create a framework agreement for the Supply of Mains Gas, Electricity and related services primarily under a flexible, risk managed, portfolio approach that maximises the benefit of aggregation. Requirement to provide a variety of services and data provision to the Authority and its Members in all aspects of energy from trading (covering short, medium and long term energy risk management options including energy from renewable sources via direct and indirect arrangements), delivery, invoicing, administration and analytics in support of accurate use, measurement and Member initiatives in reducing carbon. The Authority is seeking a single supplier for each lot with which it will enter into a Framework Agreement commencing on 1st October 2024 for a period of two years with an option for a further extension of up to 24 months. The successful tenderers will enter into a Framework Agreement with the Authority and, pursuant to the terms of the Framework Agreement, will subsequently contract with the Authority's Members as identified in the Contract Notice. The successful tenderer(s) shall contract directly with the Authority's Members for the provision of energy. Provision of goods, works and services in addition to the provision of electricity and gas supplies are also likely to be required. Tenderers should download and read all documents related to this opportunity to understand the specific requirements of the resulting Framework Agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-50e589c3-852a-4347-a3fb-015126b32628
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cafea605-e441-4c7b-9ab1-a80801297ddd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

09000000 - Petroleum products, fuel, electricity and other sources of energy

Notice Value(s)

Tender Value
£6,000,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jun 20241 years ago
Submission Deadline
11 Sep 2023Expired
Future Notice Date
Not specified
Award Date
11 Dec 20232 years ago
Contract Period
30 Sep 2024 - 30 Sep 2028 4-5 years
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
LONDON UNIVERSITIES PURCHASING CONSORTIUM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W1T 7NZ
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
2
Supplier Names

CORONA ENERGY RETAIL 4

EDF ENERGY CUSTOMERS

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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