Tender

EU Emissions Trading System: Procurement of an opt out auctioning platform and related services by the UK Government

DEPARTMENT OF ENERGY AND CLIMATE CHANGE (DECC)

This public procurement record has 2 releases in its history.

TenderAmendment

11 Apr 2017 at 08:36

Tender Notice
Tender

04 Apr 2017 at 13:43

Tender Notice
Summary of the contracting process

The UK Government's Department of Energy and Climate Change (DECC) is currently undertaking a procurement process for the "EU Emissions Trading System: Procurement of an opt out auctioning platform and related services." This procurement falls under the auction services category, with the contract period set to begin on 11 November 2017 and ending on 9 November 2022. The tender is open and will close on 10 November 2017, with invitations extended to service providers from various locations including the United Kingdom, British Overseas Territories, and Europe.

This tender presents a significant opportunity for businesses specialising in auction services, particularly those equipped to provide regulated market solutions. Small and medium enterprises (SMEs) may find this particularly accessible, as the procurement process is designed to encourage participation from these entities. Companies able to demonstrate compliance with the stringent auctioning regulations, including connections to clearing or settlement systems, will be well-positioned to compete effectively in this space.

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Notice Information

Notice Title

EU Emissions Trading System: Procurement of an opt out auctioning platform and related services by the UK Government

Notice Description

The Auctioning Regulation also sets out the detailed requirements for the auctioning of aviation and phase III general allowances. Details of the provisions of particular importance are included in the ITT but the preferred supplier will be expected to follow the provisions set out in that Regulation as a whole and in particular should note that: -The service of auctioning of allowances pursuant to Article 27 of the Auctioning Regulation will be paid through fees paid by the persons admitted to bid in the auctions and successful bidders in the auctions, pursuant to Articles 51 and 52 of the Auctioning Regulation. -Tenderers should in particular take note of the following provisions of the Auctioning Regulation: - Pursuant to Article 27(2) '(...) the auction platform shall be connected to at least 1 clearing system or settlement system', - Pursuant to Article 35(1) 'Auctions shall only be conducted on an auction platform authorised as a regulated market whose operator organises a market in allowances or allowance derivatives'. In addition, Articles 35, 36, 43, 55 and 56 of the Auctioning Regulation provide further requirements on authorisation, notification, supervision and enforcement of the auctioning activity. -The contractor will also be required, among other things, to demonstrate that the clearing system or settlement system connected to the platform is designated pursuant to the Directive 98/26/EC of the European Parliament and of the Council on settlement finality in payment and securities settlement systems.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-71daa3e3-2537-4dac-a8f4-f6fa13cb5aff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/41fc3cd1-facb-41ed-b0bc-5c4829f3c5dc
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
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79342400 - 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 Apr 20178 years ago
Submission Deadline
15 Jul 2016Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Nov 2017 - 9 Nov 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
DEPARTMENT OF ENERGY AND CLIMATE CHANGE (DECC)
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
SW1A 2AW
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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