---
title: "Electricity (HH and NHH) Fixed Price, Fixed Term"
ocid: "ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2018-10-17"
---

# Electricity (HH and NHH) Fixed Price, Fixed Term

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a

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## Summary

The City of London Corporation has awarded a contract for "Electricity (HH and NHH) Fixed Price, Fixed Term" within the energy industry sector, specifically related to electricity supply. This procurement process, categorized under the CPV code for petroleum products, fuel, electricity and other energy sources, was completed on 9th August 2018, following an open procurement method. The contract spans from 1st October 2018 to 30th September 2020 and is valued at £6,120,344. Bids for this tender were accepted until 16th July 2018, with the contract aimed at securing renewable energy sources at a fixed price for the duration of the agreement.

This tender presents a significant opportunity for businesses involved in energy supply, particularly those specialising in renewable energy sources and capable of offering competitive pricing without the need for credit mitigation. Companies providing energy solutions with the ability to meet the specifications of a fixed-price, fixed-term contract will find this a viable project to enhance their market presence. Suppliers who can ensure compliance with the specified volume tolerances and deliver energy sourced from REGO-backed systems will be particularly well-positioned to compete effectively.

## Notice

The Authority require a fixed price, fixed term contract which includes all non-commodity costs and which protects against increases in non-commodity costs across the contract duration. The requirement is for a 2 year contract based on 28 day BACs payment term and no requirements for any credit mitigation. The contract is to include, as minimum, a +/-20 % annual volume tolerance. The Authority require a supplier who can provide REGO (Renewable Energy Guarantee of Origin) backed renewable energy for the whole portfolio at a fixed price for the contract duration and for the cost to be included within the offered unit rates. Additional information: Total contract values given are for the full contract period, and are based upon estimated costs and volume at the time of contract award, which may be subject to change during the life of the contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3ebb43f3-b66a-4594-a25c-5b8a804b8d02 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Oct 2018 |
| Submission deadline | 16 Jul 2018 |
| Future notice date | Not specified |
| Award date | 8 Aug 2018 |
| Contract period | 30 Sep 2018 - 30 Sep 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £6,120,344 |
| Lots value | Not specified |
| Awards value | £6,120,344 |
| 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 | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TOTAL GAS AND POWER |

## CPV Codes

### Divisions

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

### Codes

- 09000000 - Petroleum products, fuel, electricity and other sources of energy

## Release History

- 17 Oct 2018 at 09:15 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3ebb43f3-b66a-4594-a25c-5b8a804b8d02

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3ebb43f3-b66a-4594-a25c-5b8a804b8d02
  17th October 2018 - Awarded contract notice on Contracts Finder

## 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-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2dbba068-3fc2-49d3-b579-8fd03157848a.json.