Tender

Services to Provide Ongoing Analysis and News Reporting on Oil Markets 2024-2026

DESNZ

This public procurement record has 2 releases in its history.

Tender

21 Oct 2024 at 15:51

Tender Notice
Planning

16 Oct 2024 at 14:25

Market Engagement Notice
Summary of the contracting process

The Department for Energy Security and Net Zero (DESNZ) has initiated a tender seeking services for ongoing analysis and news reporting on oil markets for the period 2024-2026. This procurement is targeting the research services industry, classified under CPV code 73110000. DESNZ is located at 3-8 Whitehall Place, London, and this tender covers delivery not only within the UK but also British Overseas Territories, Channel Islands, Europe, Isle of Man, and globally. The procurement stage is currently active with an open procedure below the threshold. Key dates include a tender period ending on 13th November 2024 and a contract start date commencing on 2nd December 2024, concluding on 1st December 2026. Businesses have until these deadlines to submit their proposals.

This tender presents significant growth opportunities for businesses specialising in market analysis and data services, particularly those with expertise in the oil industry. The project requires comprehensive coverage and high-quality analysis, making it ideal for firms providing in-depth market reporting and access to analytical experts. Given DESNZ's need for direct interaction with analysts, companies adept at offering customized insights and face-to-face presentations would be highly valued. Additionally, the necessity for archived data and visualisation tools opens doors for tech-driven research firms to leverage their capabilities. SMEs and VCSEs are particularly encouraged to bid, presenting an excellent opportunity for smaller, agile businesses to secure a government contract and expand their market reach.

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Notice Information

Notice Title

Services to Provide Ongoing Analysis and News Reporting on Oil Markets 2024-2026

Notice Description

As part of DESNZ work on energy we need access to top quality, up to date information on oil markets so we can better understand and analyse key trends in oil and petroleum products supply, demand, trade and prices, as well as the evolving energy landscape. This will allow us to monitor, analyse and interpret key market events and help inform policy decisions. In-depth news, insight and analysis of global oil markets. This must include comprehensive coverage of global oil supply, demand, refining and trade, with regular, high-quality analysis of important market developments and otherwise topical oil market issues - among them key price drivers and key uncertainties going forward. Coverage must be broad enough to allow DESNZ to understand, interpret and further analyse the widest possible range of unpredictable oil market issues and developments, to support HMG oil market monitoring and analysis, as well as wider policy development. Access to analysts/experts. DESNZ requires direct access to analysts and/or other oil market experts on an ad hoc basis, including via timely face-to-face presentations on key publications and bespoke topics if necessary. This access should be equivalent to at least one day's time every two months Access to archived news, data, analytical reports, visualisations and other material. These should be easily searchable to allow for ad hoc research. There will be areas for essential and desirable data coverage detailed in the tender documents. This notice is to alert the market that this opportunity is out for tender.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-856ce9c9-d700-48c8-a811-5d27ff6feb4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dab8573f-01b8-4373-bd62-4d4b14240c7f
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£96,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Oct 20241 years ago
Submission Deadline
13 Nov 2024Expired
Future Notice Date
18 Oct 2024Expired
Award Date
Not specified
Contract Period
2 Dec 2024 - 1 Dec 2026 1-2 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
DESNZ
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 2EG
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

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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