This public procurement record has 2 releases in its history.

Award

31 Mar 2026 at 16:38

Tender

03 Feb 2026 at 17:14

Summary of the contracting process

The Keys Academy Trust is currently overseeing the procurement process for fixed electricity supply products and fixed natural gas for their facilities in Reading, Berkshire, UK. The procurement phase is in the award stage, with contracts set to commence on 1 April 2026 and run for an initial period of 36 months, with the possibility of extensions up to four years. The procurement falls under the goods category and is managed through an open procedure in compliance with the Procurement Act 2023. The two lots have been awarded, with Drax Energy Solutions Limited providing the electricity services and Ecotricity Limited delivering the natural gas. The standstill period ends on 13 April 2026, and contracts are expected to be signed by 15 April 2026.

This tender presents a significant opportunity for companies within the energy sector to engage in long-term supply agreements for utilities, which can boost business growth through secured contracts and forum participation alongside regulatory compliance. Large-scale companies with extensive expertise in utility services are well-positioned to compete in this tender, particularly those offering scalable and efficient energy solutions that align with the principles of fairness, transparency, and value for money as stipulated by the Procurement Act 2023. The tender requirements include comprehensive service and operational arrangements, clear pricing structures, and robust product processes, making it ideal for companies looking to expand their contractual portfolio in the public sector.

How relevant is this notice?

Notice Title

The Keys Academy Trust - Fixed Electricity & Gas Supply Products - Contract Award

Notice Description

The requirement is for the provision of fixed Electricity (REGO) and Fixed Natural Gas (Brown) in accordance with the specifications set out in the Invitation to Tender (ITT). The contract is due to commence on 1 April 2026 and may include the addition of further sites during the term. The initial contract period is 36 months, with the option to extend, up to a maximum duration of 4 years. The procurement will be conducted in line with the Procurement Act 2023, ensuring a fair, transparent, and competitive process to identify the most advantageous tender for our client.

Lot Information

Fixed Electricity (REGO)

The requirement is for the provision of fixed Electricity (REGO) in accordance with the specifications set out in the Invitation to Tender (ITT). The contract is due to commence on 1 April 2025 and may include the addition of further sites during the term. The initial contract period is 36 months, with the option to extend, up to a maximum duration of 4 years. The procurement will be conducted in line with the Procurement Act 2023, ensuring a fair, transparent, and competitive process to identify the most advantageous tender for our client.

Options: Site additions in line with Procurement act 2023

Renewal: Following the expiry of the initial fixed term, the Contracting Authority reserves the right, at its absolute discretion, to extend the contract. Any extension shall be subject to the Authority's requirements at the relevant time and may be structured in a manner deemed appropriate by the Authority. The decision to exercise this option, and the form it may take, rests solely with the Contracting Authority. Under no circumstances shall the total contract duration, including any extensions, exceed four (4) years from the initial commencement date. This extension provision is made in accordance with the principles of the Procurement Act 2023, ensuring transparency, fairness, and value throughout the contract lifecycle.

Fixed Natural Gas (Brown)

The requirement is for the provision of fFixed Natural Gas (Bown) in accordance with the specifications set out in the Invitation to Tender (ITT). The contract is due to commence on 1 April 2026 and may include the addition of further sites during the term. The initial contract period is 36 months, with the option to extend, up to a maximum duration of 4 years. The procurement will be conducted in line with the Procurement Act 2023, ensuring a fair, transparent, and competitive process to identify the most advantageous tender for our client.

Options: Site additions in line with Procurement act 2023

Renewal: Following the expiry of the initial fixed term, the Contracting Authority reserves the right, at its absolute discretion, to extend the contract. Any extension shall be subject to the Authority's requirements at the relevant time and may be structured in a manner deemed appropriate by the Authority. The decision to exercise this option, and the form it may take, rests solely with the Contracting Authority. Under no circumstances shall the total contract duration, including any extensions, exceed four (4) years from the initial commencement date. This extension provision is made in accordance with the principles of the Procurement Act 2023, ensuring transparency, fairness, and value throughout the contract lifecycle.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0615de
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029972-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

09123000 - Natural gas

09300000 - Electricity, heating, solar and nuclear energy

09310000 - Electricity

Notice Value(s)

Tender Value
£253,000 £100K-£500K
Lots Value
£253,000 £100K-£500K
Awards Value
£816,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20264 months ago
Submission Deadline
2 Mar 2026Expired
Future Notice Date
Not specified
Award Date
31 Mar 20264 months ago
Contract Period
20 Apr 2026 - 19 Apr 2029 3-4 years
Recurrence
2029-01-31

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
The Keys Academy Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
READING
Postcode
RG6 1EY
Postcode Area
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
Not specified

Local Authority
Reading
Electoral Ward
Park
Westminster Constituency
Reading Central

Supplier Information

Number of Suppliers
2
Supplier Names

Drax Energy Solutions Limited

Ecotricity Limited

Open Contracting Data Standard (OCDS)

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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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