Award

YPO 001187 - Supply of Natural Gas and Associated Services

YPO

This public procurement record has 2 releases in its history.

Award

13 Aug 2024 at 08:25

Award Notice
Tender

10 May 2024 at 12:42

Tender Notice
Summary of the contracting process

YPO has recently concluded an award process for the supply of natural gas and associated services under the framework agreement YPO 001187. The awarded contract, valued at £1.56 billion, went to Corona Energy Retail 1 Limited. This procurement falls under the mains gas category (CPV: 09121200) and aims to serve public sector organisations across the United Kingdom. The contract period is set from 1st April 2025 to 31st March 2033. During this span, YPO seeks to trade gas volumes and potentially 'sleeve' these onto subsequent framework agreements to provide price stability and innovation in energy efficiencies. This open procedure was launched with a tender period ending on 14th June 2024.

This tender presents significant opportunities for businesses in the energy sector, particularly those capable of delivering cost-effective and innovative solutions for natural gas supply and related services. Companies with expertise in gas trading, hedging strategies, and energy efficiency innovations will find this framework conducive to expanding their market reach and enhancing their service portfolios. Although the tender is not specifically tailored for SMEs or VCSEs, large-scale energy providers with robust operational capabilities and the ability to deliver comprehensive gas supply solutions directly to end customers will be highly competitive in this procurement process.

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Notice Information

Notice Title

YPO 001187 - Supply of Natural Gas and Associated Services

Notice Description

YPO are looking for a sole supplier to be appointed onto a Framework for the supply of natural gas as well as related associated services for all public sector organisations. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will place the order with the Provider and the Provider will deliver direct to the end customer. YPO requires the ability to trade volumes of gas from the framework award date which is anticipated to be at 8 months before the Framework start date of 1st April 2025. This will allow YPO to purchase the gas requirements on behalf of our customers prior to the Framework start date, in readiness for the start of the Framework. YPO requires the option to trade gas volumes beyond the Framework period and to 'sleeve' onto the next Framework agreement. YPO may also require the ability to 'sleeve' volume onto this Framework Agreement. These transactions will be completed free of charge and will be determined by the price of the gas secured through hedging activity. The supply will also include an ability to provide additional services along the theme of providing innovation and energy efficiencies that are set out within the tender documentation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ef16488-9732-4638-bd71-610bca2be194
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36c0fdd0-9e16-4f22-80e2-194318330eb5
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Not specified
Procurement Method
Open
Procurement Method Details
Open 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

09121200 - Mains gas

Notice Value(s)

Tender Value
£1,560,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
£1,560,000,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20241 years ago
Submission Deadline
14 Jun 2024Expired
Future Notice Date
Not specified
Award Date
17 Jul 20241 years ago
Contract Period
31 Mar 2025 - 31 Mar 2033 Over 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
YPO
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WAKEFIELD
Postcode
WF2 0XE
Post Town
Wakefield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE45 Wakefield
Delivery Location
Not specified
Local Authority
Wakefield
Electoral Ward
Wrenthorpe and Outwood West
Westminster Constituency
Wakefield and Rothwell

Supplier Information

Number of Suppliers
1
Supplier Name

CORONA ENERGY RETAIL 1

Further Information

Notice Documents

Notice URLs

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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