---
title: "DoF Collaborative Arrangement for the Provision of Risk Management Advisory Services (ID 4141813)"
ocid: "ocds-h6vhtk-036be4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-036be4"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-036be4.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-036be4.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEPARTMENT OF FINANCE"
published: "2022-12-13"
---

# DoF Collaborative Arrangement for the Provision of Risk Management Advisory Services (ID 4141813)

Buyer: DEPARTMENT OF FINANCE  
Current stage: Award  
OCID: ocds-h6vhtk-036be4

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## Summary

The Department of Finance has completed the tender process for the provision of Energy Market Risk Management Advisory Services. The contract, with a total value of £402,500 GBP, is intended to last for 3 years, starting on 1st August 2023, with the option to extend for up to two more years. The contract falls under the Energy and related services category and was conducted through an open procedure. Horizon Energy Group Limited has been awarded the contract. 

This tender presents an opportunity for businesses in the Energy sector to provide Risk Management Advisory Services. The Department of Finance, as the buying organisation, has specified the need for high-quality services through a mix of qualitative and quantitative criteria. Businesses with expertise in energy management and consultancy services would be well-suited to compete for this contract. It is crucial for interested businesses to adhere to the procurement deadlines and requirements to be considered for this valuable opportunity for growth.

## Notice

This contract is for the provision of Energy Market Risk Management Advisory Services for a term of 3 years with the option to extend by up to two years. The anticipated commencement date shall be 1st August 2023 and expire on 31st July 2026, unless extended by the optional extension.

### Lot Information

Lot 1

This contract is for the provision of Energy Market Risk Management Advisory Services for a term of 3 years with the option to extend by up to two years. The anticipated commencement date shall be 1st August 2023 and expire on 31st July 2026, unless extended by the optional extension. Additional information: This contract is for the provision of Energy Market Risk Management Advisory Services for a term of 3 years with the option to extend by up to two years. The anticipated commencement date shall be 1st August 2023 and expire on 31st July 2026, unless extended by the optional extension.The participating Clients are set out in Table 1. Numbers in brackets indicate the estimated number of risk strategies for each Client at Contract commencement. The number of risk strategies per Client may vary as replacement energy supply contracts are awarded. Table 1: Participating Bodies NICS plus ALBs NDPBs Health Social Care TrustsDoF 2 Belfast HSCT 2PSNI 2 Northern HSCT 2Education Authority 2 South Eastern HSCT 2DfI 1 Southern HSCT 2NI Water 2 Western HSCT 2Translink 2 NI Fire and Rescue Service 2MOD 1 Business Services Organisation 2 NI Ambulance Service 2Note that multiple follower organisations follow DoF's, Belfast HSCT's and DfI's risk strategies. The date at which BSO, NIAS and NIFRS will follow BHSCT's risk strategies is yet to be agreed.

Options: 2 optional 1 year extension options

Renewal: Due for renewal August 2028

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/035207-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Dec 2022 |
| Submission deadline | 2 Nov 2022 |
| Future notice date | Not specified |
| Award date | 13 Dec 2022 |
| Contract period | Not specified |
| Recurrence | The renewal of this contract will be required for August 2028 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £780,000 |
| Lots value | £780,000 |
| Awards value | Not specified |
| Contracts value | £402,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT OF FINANCE |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT3 9ED |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Sydenham |
| Westminster constituency | Belfast East |
| Delivery location | TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HORIZON ENERGY GROUP |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71314000 - Energy and related services
- 71314200 - Energy-management services
- 71314300 - Energy-efficiency consultancy services

## Release History

- 13 Dec 2022 at 12:15 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/035207-2022
- 27 Sep 2022 at 14:56 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/027077-2022

## Notice URLs

- https://etendersni.gov.uk/epps

## 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-h6vhtk-036be4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-036be4.json.