---
title: "Provision of Fuel Hedging Services For Ministry of Defence"
ocid: "ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MINISTRY OF DEFENCE"
published: "2017-03-21"
---

# Provision of Fuel Hedging Services For Ministry of Defence

Buyer: MINISTRY OF DEFENCE  
Current stage: Award  
OCID: ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205

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## Summary

The Ministry of Defence has successfully completed the procurement process for the Provision of Fuel Hedging Services through a selective tendering method. The contract, valued at £18,000,000, was awarded to Goldman Sachs International and covers the provision of financial markets administration services in the South West region of the United Kingdom. The tender period concluded on 27th February 2017, with the contract commencing on 1st March 2017 and running until 29th February 2020.

This tender presents significant opportunities for businesses specialising in financial services, particularly those focusing on fuel hedging and related financial market strategies. Small and medium-sized enterprises (SMEs) are encouraged to explore similar tenders in the future, as the procurement process explicitly supports their participation. Companies that offer innovative financial solutions or trading expertise will find a favourable environment to compete for such public contracts in the future.

## 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/6d234246-f1cc-4014-992d-bc081d48d472 |
| 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 | 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 | 1 |
| Supplier names | GOLDMAN SACHS INTERNATIONAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66150000 - Financial markets administration services

## Release History

- 21 Mar 2017 at 16:58 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6d234246-f1cc-4014-992d-bc081d48d472

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6d234246-f1cc-4014-992d-bc081d48d472
  21st March 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b5cba3e2-1a7b-4685-9e8f-ba631533b3b5
  HOCS1b/00008/3

## 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-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b0ee2f5c-a3f0-4572-a089-f67f8ff5d205.json.