---
title: "PS23210 Assessment of the future of the GB natural gas storage market (RAF015/2324)"
ocid: "ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BEIS"
published: "2024-01-11"
---

# PS23210 Assessment of the future of the GB natural gas storage market (RAF015/2324)

Buyer: BEIS  
Current stage: Award  
OCID: ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982.json)

## Summary

The Department for Energy Security and Net Zero (DESNZ), under the UK Department for Business, Energy & Industrial Strategy (BEIS), has completed an award for the procurement titled "PS23210 Assessment of the future of the GB natural gas storage market." The procurement falls under the Research and Development Services category (CPV code: 73000000) and involves assessing the need for potential market intervention in the natural gas storage industry for the years 2030, 2040, and 2050. The procurement method used was selective, specifically a call-off from a dynamic purchasing system. The contract period started on September 14, 2023, and is scheduled to end on April 1, 2024. The contract value is GBP 174,893.13.

This procurement offers opportunities for businesses, especially those specializing in research and consultancy services within the energy sector, as well as those with expertise in market interventions and energy security. Small and medium-sized enterprises (SMEs) are suited to compete for this tender. The location for service delivery is specified as Polaris House, Swindon, with various potential delivery addresses internationally. Businesses aiming for growth through public procurement should consider engaging with BEIS and similar government bodies for upcoming opportunities in research and consultancy projects related to energy security and market assessments.

## Notice

***Modification of the Contract*** Contract Variation PS23210 001 has extended the contract term from 08th December 2023 to 01st April 2024. There was a break clause applied to this Contract where the contracting authority reserved the right to terminate the contract following Work Package 1. Should the works continue Work Package 2 shall be completed by Monday 01st April 2024. ***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the RM6126 - Research & Insights DPS Brief Description of Requirement The Department for Energy Security and Net Zero (DESNZ) is seeking to provide an assessment as to whether the available evidence supports the need for HMG market intervention to support the natural gas storage industry in 2030, 2040 and 2050, including the risks of any such intervention.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bb808413-1ee5-4f3b-be2d-17dc65426227 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jan 2024 |
| Submission deadline | 21 Aug 2023 |
| Future notice date | Not specified |
| Award date | 12 Sep 2023 |
| Contract period | 13 Sep 2023 - 1 Apr 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £174,893 |
| Lots value | Not specified |
| Awards value | £174,893 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BEIS |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARINGA PARTNERS |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 11 Jan 2024 at 09:33 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bb808413-1ee5-4f3b-be2d-17dc65426227
- 20 Sep 2023 at 09:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bb808413-1ee5-4f3b-be2d-17dc65426227

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bb808413-1ee5-4f3b-be2d-17dc65426227
  11th January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/99fa9562-0010-4b51-8065-f4bd58aa3070
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2c894909-523f-4c39-95be-e1854a02c982.json.