--- title: "Purchase of UK Allowances (UKA's) in accordance with the UK Emissions Trading Scheme" ocid: "ocds-r6ebe6-0000673669" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000673669" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000673669.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000673669.json" source: "Public Contracts Scotland" current_stage: "Planning" buyer: "UNIVERSITY OF STRATHCLYDE" published: "2021-11-12" --- # Purchase of UK Allowances (UKA's) in accordance with the UK Emissions Trading Scheme Buyer: UNIVERSITY OF STRATHCLYDE Current stage: Planning OCID: ocds-r6ebe6-0000673669 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000673669) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000673669.json) ## Summary The University of Strathclyde is initiating a procurement process for the "Purchase of UK Allowances (UKA's)" in line with the UK Emissions Trading Scheme. This process, currently at the planning stage, aims to gather information on market interest to establish a contract for services related to the trading of approximately 20,000 UKAs. The key date for expressing interest is set for 22nd November 2021, at noon. The procurement falls under the services category and holds a budget of £4,000,000. Located in Glasgow, Scotland, the University operates within the education sector. This tender presents significant opportunities for businesses in the environmental services and trading sectors, specifically those with expertise in carbon trading, market intelligence, and hedging strategies. Companies that can demonstrate the ability to meet the procurement requirements and engage in the trading of UKAs will be well-suited to compete for this contract. Interested businesses should ensure they register their interest before the deadline to be considered for further market engagement by the University. ## Notice The University of Strathclyde is currently undertaking a market scoping exercise, under Regulation 41 of the Public Contracts (Scotland) Regulations 2015, to understand levels of interest in working with the University to establish a contract for services relating to the trading of UKAs and relevant market intelligence in relation to the UK Emissions Trading Scheme. The University of Strathclyde is an Operator of a stationary installation within the UK-ETS and has a requirement to purchase approximately 20,000 UKAs. The University has received no free allowances in the 2021 to 2025 allocation period. ### Lot Information Lot 1 This Contract will include, but will not be limited to: - Purchases of allowances at auctions on behalf of the University. - Incorporating a hedging strategy on behalf of the university to limit exposure to high prices of allowances. - Holding and transfer of allowances from an authorised UK-ETS trading registry account to the University's Operator Holding Account (OHA). - Providing market insights and intelligence and price forecasts at agreed intervals at no extra cost to the University. - Running market orders. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV432920 | | Notice type | OJEU - F1 - Prior Information Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 12 Nov 2021 | | Submission deadline | Not specified | | Future notice date | 6 Dec 2021 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £4,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | UNIVERSITY OF STRATHCLYDE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G1 1QE | | 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 East | | Delivery location | TLM82 Glasgow City | ## CPV Codes ### Divisions - 71 - Architectural, construction, engineering and inspection services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 71314000 - Energy and related services - 71314200 - Energy-management services - 71314300 - Energy-efficiency consultancy services - 79223000 - Custom broker services ## Release History - 12 Nov 2021 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV432920 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV432920 Purchase of UK Allowances (UKA's) in accordance with the UK Emissions Trading Scheme - The University of Strathclyde is currently undertaking a market scoping exercise, under Regulation 41 of the Public Contracts (Scotland) Regulations 2015, to understand levels of interest in working with the University to establish a contract for services relating to the trading of UKAs and relevant market intelligence in relation to the UK Emissions Trading Scheme. The University of Strathclyde is an Operator of a stationary installation within the UK-ETS and has a requirement to purchase approximately 20,000 UKAs. The University has received no free allowances in the 2021 to 2025 allocation period. ## Notice URLs - http:// - http://www.strath.ac.uk/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000673669 - https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=673669 ## 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-r6ebe6-0000673669. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000673669.json.