Award

Supply of Electricity

WYRE COUNCIL

This public procurement record has 2 releases in its history.

TenderUpdate

18 Aug 2022 at 08:58

Award

12 Aug 2022 at 12:39

Summary of the contracting process

The Wyre Council recently completed a procurement process for the supply of electricity to council buildings. The council initiated the tender with the aim of securing a fixed price energy tariff over a 5-year 3-month period, protecting against future price rises. The procurement method used was a limited award procedure without prior publication. The procurement stage has reached the award phase, with the contract signed on 8th April 2022, with Corona Energy Retail 4 Limited being the successful supplier.

This contract presents business growth opportunities for energy suppliers, especially those capable of providing fixed-price energy solutions over an extended period. Businesses adept at navigating the energy market volatility and offering competitive pricing structures could find this tender appealing. The award criteria for this tender were based on price, highlighting the importance of cost-effectiveness for potential suppliers looking to compete in similar procurement processes.

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Notice Title

Supply of Electricity

Notice Description

Supply of electricity to council buildings.

Procurement Information

The procurement officer approached a number of energy brokers with regards to a fixed price for electricity commencing from the end of the current contract. At the time owing to the volatility in the energy market, the brokers approached were not able to offer fixed prices and advised that these would not be available until nearer the end of the current contract. One broker did come forward with a fixed price energy tariff for the supply of electricity for a fixed term that guaranteed the unit rates and standing charges over a 5 year 3 month period (from 01/10/22 to 31/12/27) protecting the authority from future price rises. This offer was time constrained due to the volatility of the energy market at this current time and therefore only available for a limited period

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-035b62
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022922-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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

09310000 - Electricity

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£380,539 £100K-£500K

Notice Dates

Publication Date
18 Aug 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Apr 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
WYRE COUNCIL
Contact Name
mary grimshaw
Contact Email
mary.grimshaw@wyre.gov.uk
Contact Phone
+44 1253887214

Buyer Location

Locality
POULTON LE FYLDE
Postcode
FY6 7PU
Post Town
Blackpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD44 Lancaster and Wyre
Delivery Location
TLD North West (England)

Local Authority
Wyre
Electoral Ward
Breck
Westminster Constituency
Fylde

Supplier Information

Number of Suppliers
1
Supplier Name

CORONA ENERGY RETAIL 4

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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