Award

BE24018 - Review of cost of capital assumptions for electricity generation technologies to support policymaking across the power sector

DESNZ

This public procurement record has 2 releases in its history.

AwardUpdate

03 Mar 2025 at 11:28

Award Notice
Award

14 Jun 2024 at 12:35

Award Notice
Summary of the contracting process

The Department for Energy Security & Net Zero (DESNZ) has commissioned a review of cost of capital assumptions for electricity generation technologies to support policymaking across the power sector. This contract, titled "BE24018 - Review of cost of capital assumptions for electricity generation technologies to support policymaking across the power sector," falls under the financial information systems industry category. The procurement process has reached the award stage, with the contract period starting on 6th June 2024 and ending on 31st May 2025. The value of the contract is £205,869 GBP. The procurement method used was a call-off from the CCS Research and Insights (RM6126) Dynamic Purchasing System, reflecting a selective approach. This contract involves various locations, including British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. The award notice was published on 14th June 2024, with the contract awarded to CEPA LLP.

This tender offers significant opportunities for business growth, particularly for SMEs and VCSEs, which are both considered suitable for this project. Companies with experience in financial information systems and those capable of providing advanced research and insights on electricity generation technologies would be well-suited to compete. By participating in such contracts, businesses can enhance their credentials, gain exposure to governmental projects, and secure a stable revenue stream over the contract duration, leading to potential future collaborations with governmental departments and other high-value clients.

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Notice Information

Notice Title

BE24018 - Review of cost of capital assumptions for electricity generation technologies to support policymaking across the power sector

Notice Description

**Please note this is an Award Notice and not a call for competition, this Contract has been awarded via the CCS Research and Insights (RM6126) Dynamic Purchasing System** The Department for Energy Security & Net Zero (DESNZ) had a requirement to update the hurdle rate assumptions for electricity generation technologies, and develop the evidence around underpinning financial assumptions, that are reflective of developments in the economy.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cca5b586-546f-41b4-8781-cb33b79deaa4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76d2bae3-b8b8-4873-8c37-efd0dd17f6d5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
£205,869 £100K-£500K
Lots Value
Not specified
Awards Value
£205,869 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
22 Apr 2024Expired
Future Notice Date
Not specified
Award Date
22 May 20241 years ago
Contract Period
5 Jun 2024 - 31 May 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
SWINDON
Postcode
SN2 1UH
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

CEPA

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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