--- title: "Gas Shrinkage" ocid: "ocds-h6vhtk-04c84e" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c84e" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c84e.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c84e.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "WALES AND WEST UTILITIES" published: "2024-12-16" --- # Gas Shrinkage Buyer: WALES AND WEST UTILITIES Current stage: Tender OCID: ocds-h6vhtk-04c84e [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c84e) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c84e.json) ## Summary Wales and West Utilities (WWU) is seeking to procure services related to gas shrinkage, with a focus on gaseous fuels, categorized under the industry sector of goods. This tender is active and is currently in the tender stage. The operation will primarily take place within the UK, and interested parties need to be registered on WWU's BravoSolution platform to participate, with the submission deadline set for 8 January 2025. This procurement is facilitated through a selective and restricted procedure, requiring electronic submissions via the provided BravoSolution platform link. This tender offers significant opportunities for companies specializing in gas procurement services, particularly those capable of managing daily gas shrinkage requirements and providing comprehensive reporting on gas transactions. Businesses experienced in the transportation, distribution, and management of gaseous fuels would be well-suited to participate. The contract involves handling approximately 28,000 therms of gas per day, with the potential for business growth by collaborating closely with a major utility provider like Wales and West Utilities and offering value-added services such as daily bulletins or monthly industry updates. The total procurement value is estimated at £35,000,000, marking a substantial business opportunity. ## Notice WWU is required to purchase gas which is predominantly gas which is unaccounted for or used in connection with the operation of its network in accordance with Section N of the Uniform Network Code (UNC). Under UNC rules, Shrinkage Gas is dealt with on a daily basis with Wales & West being required to acquire gas to meet its daily Shrinkage Gas requirement. Shrinkage Gas comprises: * Own use gas - gas used by WWU in connection with the operation of its network including gas used in running compressors, gas used for preheating and vented gas * Unaccounted for gas - gas which is lost or otherwise not accounted for as offtaken from its network including gas lost or unaccounted for by reason of unidentified theft and leakage WWU are allowed to recover the market related costs of purchasing a pre-determined target daily volume of Shrinkage Gas in each year via its regulated transportation revenue. ### Lot Information Lot 1 WWU requires an Agent to provide a Shrinkage Procurement Service which includes nominating, transacting and purchasing the daily Shrinkage Gas quantities on behalf of WWU. At the end of each month, the Agent should provide a report setting out the cost of all gas transactions for the month, identifying separately the Agent's management fee. The level of gas we require is based on a set daily amount of approximately 28,000 therms per day. The precise volumes will be known in advance of 1st April each year. The profiling of the gas purchases within the year may differ, however this will be communicated in advance. All daily volumes will be nominated to WWU's Shrinkage Gas Account on a daily basis such that the account attracts no imbalance/cash out charges on any day. All transactions will be at National Balancing Point (NBP) under NBP terms. We require a cost per therm for carrying out the procurement services as outlined above and a brief summary of the other benefits of procuring your services such as daily bulletins or monthly industry updates which would be made available. The market related costs are calculated using the gas price based on the Closing Day Ahead Heren or Weekend Offer price on each day, so Wales & West strategy is purchase at this gas price. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/040421-2024 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Goods | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Dec 2024 | | Submission deadline | 8 Jan 2025 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £35,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WALES AND WEST UTILITIES | | Locality | NEWPORT | | Post town | Newport | | Postcode | NP10 8FZ | | Country | Wales | | ITL 1 | TLL Wales | | ITL 2 | TLL5 South East Wales | | ITL 3 | TLL54 Monmouthshire and Newport | | Local authority | Newport | | Electoral ward | Tredegar Park and Marshfield | | Westminster constituency | Newport West and Islwyn | | Delivery location | Not specified | ## CPV Codes ### Divisions - 09 - Petroleum products, fuel, electricity and other sources of energy ### Codes - 09120000 - Gaseous fuels ## Release History - 16 Dec 2024 at 11:55 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/040421-2024 ## Notice URLs - https://sourcing4wwu.bravosolution.co.uk/ - https://www.wwutilities.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-h6vhtk-04c84e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c84e.json.