Tender

Energy Buying and Associated Services

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Tender

06 Nov 2017 at 16:03

Tender Notice
Summary of the contracting process

The City of London Corporation is currently inviting tenders for "Energy Buying and Associated Services," aimed at sourcing a qualified energy broker capable of managing the purchase of electricity and gas as well as various energy management services. This procurement falls under the industry category of energy and related services, with an estimated contract value of £1,045,917. The tender period is set to close on 6th December 2017, with the contract expected to commence on 1st March 2018 and last until 30th September 2022. The procurement is being conducted through an open procedure, requiring participants to register on the electronic tendering system, Capitalesourcing.

This tender presents a significant opportunity for businesses specialising in energy brokerage and management services, particularly those with the expertise to handle large portfolios. Companies involved in invoice validation, portfolio management, and supplier management would be particularly well-suited to compete, benefiting from the City’s diverse range of properties, including iconic public spaces and multiple locations across London. Additionally, potential participants should be aware of the Authority's intentions to implement enhanced probity checks due to the sensitive nature of the industry.

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Notice Information

Notice Title

Energy Buying and Associated Services

Notice Description

The City invites Tenders for the provision of a suitably qualified and experienced energy broker who shall be able to purchase electricity and gas and be able to provide other energy management services for the City's Corporate, Investment Property and Housing portfolios, including: - Invoice validation and query management; - Portfolio management; - Supplier Management; - Tariff Structure and Billing Requirements. The total energy procured by the City is approx. 153 000 mwhs per annum, covering a wide portfolio of sites including prestigious public spaces such as the Barbican Centre, public libraries and Tower Bridge. This is in addition to offices and schools covering about 250 000 m2 of space and about 90 locations in the Square Mile, Epping Forest, Hampstead Heath, West Wickham and Coulsdon Common. The portfolio also covers leasehold properties. Additional information: The Authority has identified that the scope of this procurement falls within a business sector which maybe attractive to infiltration by organised crime groups. The Authority therefore reserves the right to include enhanced probity checks / requirements at both the selection and award stages of the procurement. This tendering exercise is being undertaken using the electronic tendering system'CapitaleSourcing' (url:www.capitalesourcing.com). Suppliers will need to register an interest on the system inorder to participate and registration is free. The estimated value given is for the full duration of the contract including the maximum possible extensions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6aa857b1-dab9-4e53-a516-a9736dd05ca0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9e33b0f5-7e7a-4a92-a7ae-f7c61a01a10e
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

71 - Architectural, construction, engineering and inspection services

CPV Codes

71314000 - Energy and related services

Notice Value(s)

Tender Value
£1,045,917 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Nov 20178 years ago
Submission Deadline
6 Dec 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Mar 2018 - 30 Sep 2022 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CITY OF LONDON CORPORATION
Contact Name
Not specified
Contact Email
james.carter@cityoflondon.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Further Information

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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