---
title: "Gas Fixed Price, Fixed term"
ocid: "ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2018-10-17"
---

# Gas Fixed Price, Fixed term

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259.json)

## Summary

The City of London Corporation is seeking suppliers for a fixed price, fixed term gas contract titled "Gas Fixed Price, Fixed term." This procurement falls under the industry category of petroleum products, fuel, electricity, and other sources of energy. The contract, valued at £828,032, is intended to be executed within London, starting on 1st October 2018 and concluding on 30th September 2020. This procurement process followed an open procedure, concluding the tender period on 16th July 2018, and has reached the award stage as of 9th August 2018.

This contract presents significant growth opportunities for large-scale energy suppliers capable of managing fixed pricing and non-commodity costs. Businesses that can ensure a reliable supply of gas and have the capacity to fulfil a two-year term under a performance-based model would be particularly well-positioned to compete. Suppliers who can accommodate a +/-20% annual volume tolerance may also find themselves at an advantage, given the flexibility required in the contracting terms.

## Notice

The Authority require a fixed price, fixed term contract which includes all non-commodity costs and which protect 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. 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/8214e1f9-c1e2-4cb0-b133-ec3237f5067d |
| 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 | £828,032 |
| Lots value | Not specified |
| Awards value | £828,032 |
| 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 09:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8214e1f9-c1e2-4cb0-b133-ec3237f5067d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8214e1f9-c1e2-4cb0-b133-ec3237f5067d
  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-d18aaf10-b448-48c0-afa9-39729cb0b259. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d18aaf10-b448-48c0-afa9-39729cb0b259.json.