Award

UK Emissions Trading Scheme - Auction Services

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

07 Feb 2023 at 13:45

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has awarded a contract for the UK Emissions Trading Scheme - Auction Services. The contract, with a value of £539,000 in GBP, was awarded to ICE Futures Europe. The procurement method used was direct, with a procurement method details of Single tender action (below threshold). The contract period is from January 4, 2023, to January 3, 2025. The award was made on January 4, 2023, and the tender period ended on January 3, 2023. The location of the buying organisation is London, England, and the industry category is services.

This tender for the UK Emissions Trading Scheme - Auction Services, awarded by the Department for Business, Energy & Industrial Strategy, presents an opportunity for businesses in the services sector to participate in providing auction services. Companies well-suited to compete in this procurement could include those with expertise in auction services and trading platforms. The contract period from 2023 to 2025 offers a stable revenue stream for the successful bidder, creating a growth opportunity for businesses looking to expand their portfolio into emissions trading services.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

UK Emissions Trading Scheme - Auction Services

Notice Description

UK Emissions Trading Scheme - Auction Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aca717e9-289f-4f0e-b252-37c9c6cac5ff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/11d50140-75e6-4bc2-acae-d77b8982021e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79342400 - Auction services

Notice Value(s)

Tender Value
£539,000 £500K-£1M
Lots Value
Not specified
Awards Value
£539,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20233 years ago
Submission Deadline
3 Jan 2023Expired
Future Notice Date
Not specified
Award Date
4 Jan 20233 years ago
Contract Period
4 Jan 2023 - 3 Jan 2025 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
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
LONDON
Postcode
SW1H 0NE
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

ICE FUTURES EUROPE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-aca717e9-289f-4f0e-b252-37c9c6cac5ff-2023-02-07T13:45:58Z",
    "date": "2023-02-07T13:45:58Z",
    "ocid": "ocds-b5fd17-aca717e9-289f-4f0e-b252-37c9c6cac5ff",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_344136/1176773",
        "title": "UK Emissions Trading Scheme - Auction Services",
        "description": "UK Emissions Trading Scheme - Auction Services",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79342400",
            "description": "Auction services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 539000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-01-03T23:59:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-01-04T00:00:00Z",
            "endDate": "2025-01-03T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-235027",
            "name": "Department for Business, Energy & Industrial Strategy",
            "identifier": {
                "legalName": "Department for Business, Energy & Industrial Strategy"
            },
            "address": {
                "streetAddress": "1 Victoria Street",
                "locality": "London",
                "postalCode": "SW1H 0NE",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "BEIS Department for Business Energy and Industrial Strategy",
                "email": "SIGCommercialApprovals@beis.gov.uk"
            },
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-1528617",
            "name": "ICE Futures Europe",
            "identifier": {
                "legalName": "ICE Futures Europe",
                "scheme": "GB-COH",
                "id": "1528617"
            },
            "address": {
                "streetAddress": "Milton Gate, 60 Chiswell Street, London EC1Y 4SA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-235027",
        "name": "Department for Business, Energy & Industrial Strategy"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-aca717e9-289f-4f0e-b252-37c9c6cac5ff-1",
            "status": "active",
            "date": "2023-01-04T00:00:00Z",
            "datePublished": "2023-02-07T13:45:58Z",
            "value": {
                "amount": 539000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-1528617",
                    "name": "ICE Futures Europe"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-01-04T00:00:00Z",
                "endDate": "2025-01-03T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/11d50140-75e6-4bc2-acae-d77b8982021e",
                    "datePublished": "2023-02-07T13:45:58Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}