--- title: "Provision of Fuel Hedging Services For The Ministry of Defence" ocid: "ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9.json" source: "Contracts Finder" current_stage: "Award" buyer: "MINISTRY OF DEFENCE" published: "2017-03-21" --- # Provision of Fuel Hedging Services For The Ministry of Defence Buyer: MINISTRY OF DEFENCE Current stage: Award OCID: ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9.json) ## Summary The Ministry of Defence is seeking tenders for the Provision of Fuel Hedging Services, classified under the industry category of Financial markets administration services. This procurement process follows a selective method with a restricted procedure. The tender period ended on 27th February 2017, while the contract is set to commence on 1st March 2017 and will run until 29th February 2020. The value of the contract is estimated at £18,000,000, with delivery addresses located in the South West region of the United Kingdom. This opportunity can significantly benefit businesses specialising in financial services, particularly those focusing on fuel hedging or related activities. Small and medium-sized enterprises (SMEs) are encouraged to consider participating in this tender, as the documentation indicates a suitability for SMEs within the procurement process. Competing suppliers should have the capacity to deliver sophisticated financial solutions aligned with the Ministry of Defence’s requirements, establishing a solid platform for business growth. ## Notice Provision of Fuel Hedging Services For The Ministry Of Defence ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f0f70b55-b606-46a1-9009-ff15a8f63bee | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | SME | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 21 Mar 2017 | | Submission deadline | 27 Feb 2017 | | Future notice date | Not specified | | Award date | 28 Feb 2017 | | Contract period | 1 Mar 2017 - 29 Feb 2020 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £18,000,000 | | Lots value | Not specified | | Awards value | £18,000,000 | | 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 | MINISTRY OF DEFENCE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G2 8EX | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Anderston/City/Yorkhill | | Westminster constituency | Glasgow North | | Delivery location | TLK South West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 4 | | Supplier names | BRITANNIC TRADING; CITIGROUP GLOBAL MARKETS; MERRILL LYNCH INTERNATIONAL; MORGAN STANLEY & CO INTERNATIONAL | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66150000 - Financial markets administration services ## Release History - 21 Mar 2017 at 17:28 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f0f70b55-b606-46a1-9009-ff15a8f63bee - 21 Mar 2017 at 17:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fe542158-939d-4186-af72-33814202d9e1 - 21 Mar 2017 at 16:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5f5f6c4c-6e07-47d0-9848-a189f707de94 - 21 Mar 2017 at 15:59 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7e05e4b5-91f3-499a-8c53-78785138e473 - 16 Jan 2017 at 13:48 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ca58356f-82fe-4aa6-aaae-725663715af9 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/f0f70b55-b606-46a1-9009-ff15a8f63bee 21st March 2017 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/fe542158-939d-4186-af72-33814202d9e1 21st March 2017 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/5f5f6c4c-6e07-47d0-9848-a189f707de94 21st March 2017 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/7e05e4b5-91f3-499a-8c53-78785138e473 21st March 2017 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/ca58356f-82fe-4aa6-aaae-725663715af9 16th January 2017 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/447b95af-e60e-446f-b8a0-a8eab3c145aa - https://www.contractsfinder.service.gov.uk/Notice/Attachment/1ce73a71-8256-443e-8458-ec1a58733d5c - https://www.contractsfinder.service.gov.uk/Notice/Attachment/9a931b2f-66eb-4724-88f7-f3a2637ce1e4 HOCS1B/00008/1 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/af218a86-4d39-4c68-842d-835b382579ec HOCS1B/00008/2 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/4511356d-da25-4683-957b-2c7c605e9ba8 - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2516e808-73dd-4b6e-a987-098b20850f8a HOCS1b/00008/5 ## 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-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-63af9f5e-938f-4930-8e51-0d3838dfbdf9.json.