Award

HS1 Ltd - Electricity Supply Contract - Call for Competition

HS1 LTD

This public procurement record has 3 releases in its history.

Award

24 Jul 2024 at 14:19

Planning

15 Sep 2023 at 15:21

Planning

01 Aug 2023 at 10:21

Summary of the contracting process

HS1 Ltd, based in London, is in the process of finalising the procurement for its next-generation Electricity Supply Contract (ESC). This procurement falls under the industry category of electricity (CPV 09310000). The procurement is in the 'Award' stage, with the contract already signed. The awarded contract covers a significant volume of electricity, both for traction and non-traction purposes, amounting to approximately 220 GWh per annum. The contract aims to align with HS1 Ltd's Sustainability Strategy, ensuring 100% renewable energy supply. The initial lead-in period for this contract begins in April 2024, with the supply commencing from 1 April 2025. Key buyer contact details include HS1 Ltd at 5th Floor, Kings Place, 90 York Way, London N1 9AG. The awarded supplier for this contract is SSE Energy Supply Limited.

This tender creates substantial opportunities for businesses that specialise in renewable energy, particularly those experienced in Corporate Power Purchase Agreements and large-scale electricity supply. An open procurement process was utilised, allowing for fair competition among interested parties. The scope and duration of the contract, up to five years, provide a stable and potentially lucrative engagement for businesses capable of meeting HS1 Ltd's rigorous renewable energy requirements. This opportunity is especially suitable for large-scale energy suppliers with robust sustainability practices and the capability to handle complex energy trading agreements.

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Notice Title

HS1 Ltd - Electricity Supply Contract - Call for Competition

Notice Description

HS1 Limited has an Electricity volume requirement for both traction and non-traction of c.220 GWh p.a. and is seeking to procure its next generation Electricity Supply Contract (ESC) which will have a duration of up to 5 years. The new contract will have an initial lead in period from April 2024 to allow for forward planning and purchasing and will become live for Supply from 1 April 2025. The ESC will need to be strategically aligned to HS1's Sustainability Strategy and will need to facilitate 100% renewable energy. There is a specific requirement for the ESC to sleeve trades from current and future Corporate Power Purchase Agreements which will account for the majority of baseload power. An NDA must be populated and signed before a copy of the RFP can be sent to you. The NDA template can you be found within the external documents area. Please send this via the messaging area of this opportunity

Lot Information

Lot 1

HS1 Limited has an Electricity volume requirement for both traction and non-traction of c.220 GWh p.a. and is seeking to procure its next generation Electricity Supply Contract (ESC) which will have a duration of up to 5 years. The new contract will have an initial lead in period from April 2024 to allow for forward planning and purchasing and will become live for Supply from 1 April 2025. The ESC will need to be strategically aligned to HS1's Sustainability Strategy and will need to facilitate 100% renewable energy. There is a specific requirement for the ESC to sleeve trades from current and future Corporate Power Purchase Agreements which will account for the majority of baseload power. An NDA must be populated and signed before a copy of the RFP can be sent to you. The NDA template can you be found within the external documents area. Please send this via the messaging area of this opportunity

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03ebfc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023068-2024
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

09 - Petroleum products, fuel, electricity and other sources of energy

31 - Electrical machinery, apparatus, equipment and consumables; lighting


CPV Codes

09310000 - Electricity

31682000 - Electricity supplies

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20241 years ago
Submission Deadline
Not specified
Future Notice Date
31 Dec 2023Expired
Award Date
4 Jul 20241 years ago
Contract Period
15 Sep 2023 - 27 Oct 2023 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HS1 LTD
Contact Name
Procurement Two
Contact Email
procurement@highspeed1.co.uk
Contact Phone
+44 2070142700

Buyer Location

Locality
LONDON
Postcode
N1 9AG
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Caledonian
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

SSE ENERGY SUPPLY

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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