--- title: "PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223)" ocid: "ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33.json" source: "Contracts Finder" current_stage: "Award" buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY" published: "2022-11-01" --- # PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223) Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY Current stage: Award OCID: ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33.json) ## Summary The Department for Business, Energy & Industrial Strategy has completed a procurement process titled "PS22252 - Low Carbon Assets - Systems Benefits from Efficient Locational Signals (RAF039/2223)" in the research and development services and consultancy services category. The contracting process was conducted via a limited competitive quotation method, with a contract value of £99,979.10. The contract period starts on October 19, 2022, and ends on February 13, 2023. The procurement stage has reached the award phase, with the contract awarded to GRANT THORNTON UK LLP on October 18, 2022. This procurement opportunity is particularly suitable for small and medium-sized enterprises (SMEs) in the services sector. Businesses involved in research and development services or consultancy services related to the energy industry should consider competing for this tender. The Department for Business, Energy & Industrial Strategy's initiative aims to gain valuable insights into system benefits from efficient locational signals, providing a strategic opportunity for growth and collaboration in the energy sector. Interested parties can explore further details on the procurement process at the Department for Business, Energy & Industrial Strategy's website. ## Notice ***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS RM6126 DPS Brief Description of Requirement: The project is intended to obtain quantitative insights into the scale of possible system benefits from optimally efficient locational signals, to inform market design policy decisions under the Review of Electricity Market Arrangements (REMA). At a high level , the results will also have relevant to policy strategy for future Contracts for Difference auction rounds. This research project is not intended to inform a specific policy recommendation on how best to send locational signals; we anticipate that the concept of 'optimal' locational signals would be represented in the model through siting and dispatch decisions (for generation and flexibility assets) being made endogenously to minimise system costs, within a set of exogenous constraints. Results from this project would complement other evidence gathering and policy development on specific mechanisms for delivering signals within the wider packages of reforms being considered by REMA. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3dffad7b-c3cf-476a-9b96-078780bc6a87 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Competitive quotation (below threshold) | | Tender suitability | SME | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 1 Nov 2022 | | Submission deadline | 21 Sep 2022 | | Future notice date | Not specified | | Award date | 17 Oct 2022 | | Contract period | 18 Oct 2022 - 13 Feb 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £99,979 | | Lots value | Not specified | | Awards value | £99,979 | | 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 | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY | | 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 | GRANT THORNTON | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services ### Codes - 73000000 - Research and development services and related consultancy services ## Release History - 1 Nov 2022 at 13:56 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3dffad7b-c3cf-476a-9b96-078780bc6a87 - 21 Oct 2022 at 08:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3dffad7b-c3cf-476a-9b96-078780bc6a87 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/3dffad7b-c3cf-476a-9b96-078780bc6a87 1st November 2022 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/2ef11469-159f-4570-b1b5-fa7acc8ed368 n/a ## Notice URLs - http://www.uksbs.co.uk ## 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-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-917c6101-ae73-4514-a83d-6020279f3c33.json.