Tender

SBRI: Flex Markets Unlocked Innovation Programme

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Tender

26 Jun 2023 at 15:47

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has issued a tender titled "SBRI: Flex Markets Unlocked Innovation Programme" in the Energy and related services industry category. The tender, worth up to £2.6 million, aims to support the development of technical solutions for system-wide coordination and revenue stacking across flexibility markets. The procurement stage is active, with a tender deadline of August 7, 2023. The contract period is set to start on October 31, 2023, and end on March 31, 2025.

This tender by the Department for Business, Energy & Industrial Strategy presents an opportunity for businesses specialising in innovative technical solutions for energy markets. Small and medium enterprises (SMEs) are well-suited to participate in this tender. The procurement method is described as "Other - Open SBRI", creating a competitive marketplace for businesses to showcase their solutions and potentially secure valuable contracts in the energy sector.

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Notice Title

SBRI: Flex Markets Unlocked Innovation Programme

Notice Description

The Flex Markets Unlocked Innovation Programme, of up to PS2.6 million, aims to support the design and development of innovative technical solutions that can facilitate system-wide coordination, standardisation, and revenue stacking across multiple flexibility markets (markets within which flexibility can be bought or sold). This will allow a more diverse and competitive marketplace, unlocking flexibility. The SBRI programme consists of 2 phases: Phase 1 (up to PS600,000 funding available) expects to fund 3 feasibility studies to develop robust technical specifications for proposed technical solutions Phase 2 (up to PS2 million funding available) expects to fund one project to develop and demonstrate their technical solution

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-824c2a9c-fa3b-47f6-be66-3b2984f85ade
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3b057d50-b9d3-4200-aaba-cfc0d047469f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Other - Open SBRI
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
£2,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jun 20232 years ago
Submission Deadline
7 Aug 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Oct 2023 - 31 Mar 2025 1-2 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
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Department for Energy Security and Net Zero
Contact Email
flexibilityinnovation@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
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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