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Energy Trading and Risk Management (ETRM) System

The Minister for the Cabinet Office acting through Crown Commercial Service

This public procurement record has 5 releases in its history.

Award

07 Oct 2025 at 15:50

Award Notice
AwardUpdate

23 Sep 2025 at 17:10

Award Notice
Award

20 Mar 2025 at 13:02

Award Notice
TenderUpdate

12 Nov 2024 at 13:56

Tender Notice
Tender

11 Nov 2024 at 15:10

Tender Notice
Summary of the contracting process

The procurement process, managed by the Crown Commercial Service on behalf of the Minister for the Cabinet Office, entails sourcing a cloud-based Energy Trading and Risk Management (ETRM) system. Located in Liverpool, UK, the procurement focuses on providing software and information systems to manage the energy portfolio for over 1,200 customers within the public sector. Characterised as goods within the Software package and information systems industry, the procurement follows an open procedure. The contract is valued at approximately £1.3 million and initially spans a period of two years, extendable up to three additional 12-month periods. The awarding stage was completed as of 7th October 2025, having moved through prior stages including tender processes initiated in late 2024. This procurement was conducted under the legal basis outlined in EU Directive 2014/24/EU, and the procurement requirements were conditioned to align with Cyber Essentials for cyber security compliance.

The replacement of the current ETRM system offers significant opportunities for businesses, particularly those providing off-the-shelf, cloud-based software solutions that enhance risk management and reporting in the utilities sector. The procurement is an open opportunity for software package providers, particularly those with strong capabilities in managing substantial public sector energy portfolios. Businesses that meet the Cyber Essentials compliance and are adept at deploying cloud solutions are well-positioned to benefit. Additionally, the system's demand for functionality, such as the capacity for trade recording and risk management for energy portfolios, speaks to opportunities for technological advancement and innovation by participating suppliers. Small to medium enterprises (SMEs) actively engaged in cloud technology and the provision of secure data management solutions are especially well-suited to benefit from such a high-value government contract.

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Notice Information

Notice Title

Energy Trading and Risk Management (ETRM) System

Notice Description

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 PS1.5 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.

Lot Information

Lot 1

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 PS1.5 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.

Renewal: The initial duration of the Framework is 2 years, with an option to extend for 3 periods of 12 months (2+1+1+1)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b58b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/062981-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£1,300,000 £1M-£10M
Lots Value
£1,300,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£2,038,571 £1M-£10M

Notice Dates

Publication Date
7 Oct 202510 months ago
Submission Deadline
10 Dec 2024Expired
Future Notice Date
Not specified
Award Date
25 Feb 20251 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Minister for the Cabinet Office acting through Crown Commercial Service
Additional Buyers

Crown Commercial Service

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
2
Supplier Names

See Contracts Finder Notice for full supplier list

VuePoint Solutions Limited

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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