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2025-089 PRA Subscription

Ofgem

This public procurement record has 1 release in its history.

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20 Aug 2026 at 15:45

UK7 - Contract Details Notice
Summary of the contracting process

Ofgem procured a subscription licence for S&P Global PRA (Platts) Wholesale Price Assessments. The service gives its Markets team access to independent wholesale energy and commodity price benchmarks, expert market analysis and commentary, and information used to monitor market trends, assess pricing and support price control work. The requirement has particular relevance to gas and liquefied natural gas markets. It is a market intelligence, statistical information and subscription service requirement, classified under market research services, statistical services and subscription services. Delivery is for Ofgem’s operations in the United Kingdom, with the buying organisation based at 10 South Colonnade, London E14 4PU. The procurement covered one complete requirement rather than separate service areas.

The procurement is complete and has been awarded to S&P DOW JONES INDICES LIMITED. Ofgem used a direct award below the relevant threshold, without competition. The contract was signed on 5 December 2025 and runs from 7 December 2025 to 6 December 2027. Its value is USD 47,164.27 excluding gross charges, or USD 56,597.12 including them. Ofgem may extend the term by two further periods of up to 12 months each, with the possible extended term ending on 5 December 2029. The contract is active. The supplier is a large organisation, and the award covers the complete subscription requirement. The outcome reflects a single supplier and a single lot.

This award indicates demand from Ofgem for specialist, authoritative wholesale energy and commodity market intelligence rather than a general research service. Suppliers well placed for a future requirement would need established proprietary price assessments or equivalent independent benchmarks, particularly for gas and LNG markets, supported by reliable statistical data, market analysis and expert commentary. They would also need to provide a robust subscription licence that permits professional use by a public-sector Markets team supporting price control, pricing assessment and market monitoring. Credibility would depend on the breadth, independence and reliability of the underlying data, as well as the supplier’s ability to maintain consistent access and useful interpretation over a sustained service period. Experience serving regulated energy markets would be directly relevant.

How relevant is this notice?

Notice Information

Notice Title

2025-089 PRA Subscription

Notice Description

The supplier will provide Ofgem with a subscription licence to access and use S&P Global PRA (Platts) Wholesale Price Assessments, which is used by the Markets team to support price control work. S&P Global PRA (Platts) Wholesale Price Assessments provides independent wholesale energy and commodity price benchmarks, together with expert market analysis and commentary. S&P Global PRA (Platts) Wholesale Price Assessments helps to monitor market trends, assess pricing, and make informed decisions, particularly in gas and LNG markets.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06e8e7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079587-2026
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

79310000 - Market research services

79330000 - Statistical services

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£47,164 Under £100K

Notice Dates

Publication Date
20 Aug 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Dec 20258 months ago
Contract Period
7 Dec 2025 - 6 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Ofgem
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
E14 4PU
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

S&P DOW JONES INDICES LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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