Award

PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223)

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 2 releases in its history.

AwardUpdate

01 Nov 2022 at 13:56

Award Notice
Award

21 Oct 2022 at 08:10

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has completed a procurement process titled "PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223)" in the research and development services and consultancy services category. The contracting process was conducted via a limited competitive quotation method, with a contract value of £99,979.10. The contract period starts on October 19, 2022, and ends on February 13, 2023. The procurement stage has reached the award phase, with the contract awarded to GRANT THORNTON UK LLP on October 18, 2022.

This procurement opportunity is particularly suitable for small and medium-sized enterprises (SMEs) in the services sector. Businesses involved in research and development services or consultancy services related to the energy industry should consider competing for this tender. The Department for Business, Energy & Industrial Strategy's initiative aims to gain valuable insights into system benefits from efficient locational signals, providing a strategic opportunity for growth and collaboration in the energy sector. Interested parties can explore further details on the procurement process at the Department for Business, Energy & Industrial Strategy's website.

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Notice Information

Notice Title

PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223)

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS RM6126 DPS Brief Description of Requirement: The project is intended to obtain quantitative insights into the scale of possible system benefits from optimally efficient locational signals, to inform market design policy decisions under the Review of Electricity Market Arrangements (REMA). At a high level , the results will also have relevant to policy strategy for future Contracts for Difference auction rounds. This research project is not intended to inform a specific policy recommendation on how best to send locational signals; we anticipate that the concept of 'optimal' locational signals would be represented in the model through siting and dispatch decisions (for generation and flexibility assets) being made endogenously to minimise system costs, within a set of exogenous constraints. Results from this project would complement other evidence gathering and policy development on specific mechanisms for delivering signals within the wider packages of reforms being considered by REMA.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3dffad7b-c3cf-476a-9b96-078780bc6a87
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

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£99,979 Under £100K
Lots Value
Not specified
Awards Value
£99,979 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Nov 20223 years ago
Submission Deadline
21 Sep 2022Expired
Future Notice Date
Not specified
Award Date
17 Oct 20223 years ago
Contract Period
18 Oct 2022 - 13 Feb 2023 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
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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