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Energy

LG Energy Group

This public procurement record has 1 release in its history.

Award

21 Aug 2019 at 17:45

Award Notice
Summary of the contracting process

The procurement process involves LG Energy Group as the buying organisation, which is soliciting tenders for an energy supply contract titled "Energy". This procurement falls under the goods category, specifically focusing on electricity and gas. The contract is set to cover a period of 36 months from 1 April 2020 to 31 March 2023, with an optional 12-month extension at the discretion of the buyer. The tender process is classified as open and was awarded on 16 August 2019, with a total contract value of £1,540,000. Delivery addresses include various locations across the UK and its overseas territories.

This tender presents significant opportunities for growth, especially for energy suppliers capable of delivering substantial volumes of electricity and gas. Companies that specialise in energy production or distribution, particularly those with experience in managing large-scale contracts, will find this procurement particularly suitable. Given the lengthy contract period, businesses that can demonstrate reliability and cost-effectiveness in their service provision are well-positioned to compete effectively for this contract.

How relevant is this notice?

Notice Information

Notice Title

Energy

Notice Description

24 GWh of energy divided into two lots, consisting of approximatley 13.5 GWh of electricity and 10 GWh of gas. This will be a 36-month contract with an option to extend by 12 months. This will be at the sole discretion of the Post Office Limited.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-922fa2d7-d3e4-49a4-8ac4-0e8ab56be3a3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4fcdb271-8b85-41a0-a318-c01392f6c56b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

09 - Petroleum products, fuel, electricity and other sources of energy

CPV Codes

09300000 - Electricity, heating, solar and nuclear energy

Notice Value(s)

Tender Value
£1,540,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,540,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20197 years ago
Submission Deadline
1 Jan 2019Expired
Future Notice Date
Not specified
Award Date
16 Aug 20197 years ago
Contract Period
1 Apr 2020 - 31 Mar 2023 2-3 years
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
LG Energy Group
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
2
Supplier Names

Corona Energy Ltd

EDF Energy Customers Limited

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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