Award

Forward Price Data and Insight Subscription Service

DEPARTMENT FOR ENERGY SECURITY & NET ZERO

This public procurement record has 1 release in its history.

Award

07 Jul 2025 at 10:37

UK7 - Contract Details Notice
Summary of the contracting process

The Department for Energy Security & Net Zero, situated in London, has successfully completed the procurement process titled "Forward Price Data and Insight Subscription Service." This project falls under the services category, specifically within subscription services, and is facilitated by UK legislation 2023/54. The procurement was conducted via a direct method, below the threshold, and thus without competition. The associated contract, awarded to LNRS Data Services Limited, commenced on 25th June 2025 and will end on 24th June 2026. The delivery location is specified within the United Kingdom. The contract has a gross value of £25,918.20.

This subscription service procurement offers significant opportunities for businesses keen on engaging in government contracts involving data services and market insights. Firms specialising in subscription service models, particularly those providing data analytics and market trend insights, would find this area promising for growth. Large-scale suppliers with robust data capabilities, like LNRS Data Services Limited, are well-suited to compete in this sector, particularly given the direct procurement method indicating minimal competition for such contracts. This engagement highlights the prospects within government departments seeking advanced data solutions for policy and regulatory decisions.

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Notice Information

Notice Title

Forward Price Data and Insight Subscription Service

Notice Description

Use of ICIS Energy data by the UK Government in order to keep track of market prices and developments to assist with policy and regulatory decisions

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0559c0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037699-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£21,598 Under £100K

Notice Dates

Publication Date
7 Jul 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
23 Jun 202510 months ago
Contract Period
24 Jun 2025 - 24 Jun 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENERGY SECURITY & NET ZERO
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HP
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LNRS DATA SERVICES

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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