Award

Provision of GB Wholesale Electricity Price Projections and Renewables Reports

VALUATION OFFICE AGENCY

This public procurement record has 1 release in its history.

Award

02 Jul 2024 at 12:53

Award Notice
Summary of the contracting process

The Valuation Office Agency (VOA) has awarded a contract for the Provision of GB Wholesale Electricity Price Projections and Renewables Reports. This contract involves a requirement to purchase specialist reports providing key market information for power stations, valuing over £533.5m RV. The procurement method was a direct single tender action below the threshold. The tender period ended on 16th May 2024, and the contract period is from 14th June 2024 to 13th December 2024. The VOA, based in London, England, operates in the goods category.

This contract presents an opportunity for businesses involved in subscription services related to electricity markets and renewable energy sources. Companies with expertise in providing market reports, particularly in the energy sector and valuation services, would be well-suited to compete for this tender. The contract's direct procurement method and specific requirements cater to businesses capable of delivering specialised reports within the specified timeframe and meeting the VOA's needs for market information and valuation support.

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Notice Information

Notice Title

Provision of GB Wholesale Electricity Price Projections and Renewables Reports

Notice Description

Awarded contract - this means that the contract has been awarded to a supplier and is being published for transparency purposes only. The VOA has a requirement to purchase a number of specialist Wholesale Electricity Price Projections and Renewables Reports. These reports provide key market information for UTT in preparation of receipts and expenditure valuations of power stations for Reval 2026. This includes fossil fuel power stations (gas and coal), nuclear and renewables including onshore wind, solar PV, hydro, biomass and anaerobic digesters. These classes involve over 4,200 hereditaments totalling PS533.5m RV. The reports also cover the emerging power storage sector, which also falls to UTT to value.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cee98b36-b598-472c-bb73-415f17e4ebf2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0050a1e7-f505-40f1-8163-56784ea33a1a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
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

79980000 - Subscription services

Notice Value(s)

Tender Value
£70,800 Under £100K
Lots Value
Not specified
Awards Value
£70,800 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20241 years ago
Submission Deadline
16 May 2024Expired
Future Notice Date
Not specified
Award Date
4 Jun 20241 years ago
Contract Period
13 Jun 2024 - 13 Dec 2024 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
VALUATION OFFICE AGENCY
Contact Name
Bruce Thomson
Contact Email
bruce.thomson@voa.gov.uk
Contact Phone
03000501624

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

AFRY MANAGEMENT CONSULTING

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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