Award

Gas and LNG Analysis Subscription Service

DESNZ

This public procurement record has 1 release in its history.

Award

31 Jul 2024 at 15:02

Award Notice
Summary of the contracting process

The Department for Energy Security & Net Zero (DESNZ) in London has completed the procurement process for a "Gas and LNG Analysis Subscription Service" aimed at enhancing the UK Government's energy security measures. The contract, valued at £65,000 excluding VAT and with a potential extension bringing it to £120,000, spans from 30 July 2024 to 29 July 2025. The winning supplier is Rystad Energy Limited, and the service involves providing comprehensive and customisable data and analysis on gas and LNG market developments. The procurement was conducted through an open procedure, and the contract falls under the industry category of research and subscription services, with delivery extending across the UK, British Overseas Territories, Channel Islands, Isle of Man, Europe, and globally.

This tender represents a significant growth opportunity, particularly for SMEs and those businesses involved in energy data analytics, subscription services, and research. Companies with capabilities in producing timely, detailed, and customisable market reports and data outputs—especially those capable of offering digital dashboard interfaces—would be well-positioned to compete in similar future tenders. Engaging in such public procurement can enhance visibility, facilitate long-term partnerships, and drive advancements in energy transition projects, benefiting both the supplier and the wider strategic efforts of the UK Government towards net-zero goals.

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Notice Information

Notice Title

Gas and LNG Analysis Subscription Service

Notice Description

To further the UK Government's ability to deliver Energy Security and progress towards Net Zero, DESNZ is seeking to procure high-quality Gas and LNG Data and Analysis. Specifically, we require comprehensive insights that are not only timely but also customisable to our specific needs, with a preference for services that offer access to detailed data. This includes analyses ranging from short-term forecasts to long-term projections. Of particular interest are in-depth examinations of trade flows and infrastructure developments, such as new LNG terminals and pipelines. This information is invaluable to the Department as it allows us to monitor market developments and understand any potential risks to UK security of supply. Furthermore, it plays a crucial role in our longer-term planning around the role of gas in the energy transition. We seek a service that offers both in-depth insights (such as articles and reports) into market developments and topical issues, and compliments this by offering access to deep and robust data outputs that can be customised by the user at ease, such as through an online dashboard. So that we can understand implications for the UK, data outputs need to be customisable at the country level as a minimum. This contract is for one year with the option to extend for an additional 12 months. Contract value stated is that for one year and excluding VAT. If the extension is approved, it will be for an additional PS65,000 excluding VAT, giving a whole life contract value of PS120,000 (excluding VAT). Additional information: Attached is redacted Contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-976867b6-c93c-4eba-a6af-799a9b56be68
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0bd725ea-26ee-40d2-a002-cf909c795727
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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

CPV Codes

73110000 - Research services

79980000 - Subscription services

Notice Value(s)

Tender Value
£65,000 Under £100K
Lots Value
Not specified
Awards Value
£65,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20241 years ago
Submission Deadline
8 Jul 2024Expired
Future Notice Date
Not specified
Award Date
29 Jul 20241 years ago
Contract Period
29 Jul 2024 - 29 Jul 2025 6-12 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

RYSTAD ENERGY

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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