Award

CfD Auction Consultancy - Advice on Consumer Value for Money

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

26 Jan 2021 at 18:30

Award Notice
Summary of the contracting process

The Business Energy and Industrial Strategy (BEIS) is seeking consultancy services for its forthcoming CfD auctions pertaining to consumer value for money. This procurement, titled "CfD Auction Consultancy - Advice on Consumer Value for Money," falls under the business and management consultancy services industry category and is located in the United Kingdom. The procurement method employed was a limited competitive quotation, and this process has now reached the award stage, with the contract awarded on 12th January 2021. The total contract value is £59,700, and it is set to run from 14th January 2021 to 31st March 2021.

This tender presents an excellent opportunity for businesses specialised in consultancy, particularly those with experience in energy policy and auction design. Companies that can deliver value-for-money assessments and have expertise in renewable electricity generation would be particularly well-suited to compete. Additionally, small and medium-sized enterprises (SMEs) are encouraged to participate, as this offers a platform to showcase their capabilities in a competitive market, fostering potential business growth in the energy sector.

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Notice Information

Notice Title

CfD Auction Consultancy - Advice on Consumer Value for Money

Notice Description

BEIS is seeking specialist advice for its forthcoming CfD auctions, AR4, to ensure that the auctions deliver value for money for consumers whilst securing sufficient renewable electricity generating capacity to meet BEIS' energy policy needs. As developers with CfD contracts are paid a top up on the wholesale electricity price, which is funded through consumer electricity bills, it is crucial auction design is robust.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-85ee3d14-b7aa-4f1f-83fc-275db32734ad
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fba99bd0-a759-4576-803b-2e987f3aff75
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£59,700 Under £100K
Lots Value
Not specified
Awards Value
£59,700 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20215 years ago
Submission Deadline
6 Jan 2021Expired
Future Notice Date
Not specified
Award Date
12 Jan 20215 years ago
Contract Period
14 Jan 2021 - 31 Mar 2021 1-6 months
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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
Contact Name
Alistair Goldspink
Contact Email
alistair.goldspink@beis.gov.uk
Contact Phone
0300 068 8206

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

Supplier Information

Number of Suppliers
1
Supplier Name

COPENHAGEN ECONOMICS

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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