---
title: "Electricity (HH and NHH) Flexible Purchase"
ocid: "ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2018-10-17"
---

# Electricity (HH and NHH) Flexible Purchase

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e.json)

## Summary

The City of London Corporation is seeking to procure an electricity supply contract titled "Electricity (HH and NHH) Flexible Purchase". This contract, categorized under petroleum products and energy sources, will cover both Half Hourly and non-Half Hourly meters for a duration of three years, commencing on 1 October 2018 and concluding on 30 September 2021. The open procurement method allows for bids until the deadline, which was on 16 July 2018. The total estimated value of the contract is £35,097,027, and the required delivery location is in London, United Kingdom.

This tender presents significant opportunities for businesses involved in energy supply and management, particularly those with capabilities in flexible energy contracts, renewable energy sourcing, and Power Purchase Agreements (PPAs). Companies that demonstrate experience in providing REGO-backed renewable energy or innovative contract structures for energy procurement would be well-positioned to compete for this contract. As the authority is also interested in sourcing electricity from third-party renewable generators, businesses focused on sustainability and green energy solutions could particularly thrive in this procurement process.

## Notice

The Authority require a contract to include both the Half Hourly and non-Half Hourly meters, for a 3 year period commencing on the 1.10.2018 and based on a 28 day BACs payment terms with no requirement for credit mitigation. The settlement of the contract is to be based on a minimum +/-20 % annual volume tolerance with a 3 year fixed shape fee. The management fee should also be fixed for the contract duration. A flexible contract is required to allow the Authority to purchase the commodity costs via OTC (over the counter) pricing through traders at Mitie Energy's Risk Management Team. Options around ability to fix/unfix, purchase at day ahead indices, and reforecast volumes will be required. The Authority have plans in the future to source electricity via third party renewable generators and require a supplier who can show experience of the ability to provide contract structures that will allow the renewable energy, and other embedded benefits to be sleeved into the supply agreement; in addition to the Authorities requirements around Power Purchase Agreements (PPAs), they also require a supplier who can provide them with REGO (Renewable Energy Guarantee of Origin) backed renewable energy from the start of the contract, and to be able to reduce the percentage of REGOs throughout the agreement if the Authority choose to sleeve these in from a PPA at a later stage. Additional information: Total contract values given are for the full contract period, and are based upon estimated costs and volume atthe time of contract award, which may be subject to change during the lift of the contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c0be4979-50ba-4849-9e1c-2351d5297856 |
| 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 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £35,097,027 |
| Lots value | Not specified |
| Awards value | £35,097,027 |
| 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 08:56 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c0be4979-50ba-4849-9e1c-2351d5297856

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c0be4979-50ba-4849-9e1c-2351d5297856
  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-b5fd17-5a217316-d058-4940-8877-fdd639859b5e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5a217316-d058-4940-8877-fdd639859b5e.json.