Award, Contract
Energy Trading and Risk Management (ETRM) System
THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE
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Contract Timeline
- Publication Date
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20th March 2025 13:02:26 PM
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Contract Summary
The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk’s ‘single source of truth’ for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS’s ability to provide its customers with risk managed products for power and gas.
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Contract Details
- Open Contracting ID
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ocds-h6vhtk-04b58b
- Publication Source
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Find a Tender Service
- Procurement Stage
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Award, Contract
- Procurement Method
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Open
- Procurement Method Details
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Open Procedure
- Procurement Category
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Goods
- Tender Suitability
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- Framework / DPS
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Framework
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Contract Classification
- CPV Code(s)
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48000000
- CPV Division(s)
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48 - Software package and information systems
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Awarding Authority
THE MINISTER FOR THE CABINET OFFICE ACTING THROUGH CROWN COMMERCIAL SERVICE
- Buyer Name
- Buyer Email
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supplier@crowncommercial.gov.uk
- Buyer Phone
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+44 345410222
- Buyer Address
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9th Floor, The Capital Building, Old Hall Street
Liverpool
L3 9PP
United Kingdom
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Awarded Supplier(s)