RFP QuestBeta
Awarded · ResultStage · contract

Suffolk Sourcing

Supply of Natural Gas - AWARD

IT ServicesCPV 72000000 32000000 85000000 51000000
Value£2.5m
Awarded21 Nov 2019
Published7 Feb 2020
RegionEast of England
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£2.5mtotal contract value
median £120k
this tender£0£3.5m

This is a large award for IT Services — above three-quarters of comparable contracts. Based on 36,449 valued IT Services tenders in our corpus.

The brief

We require a flexible risk managed natural gas contract on a rolling basis for 3 years, for the period 1st October2020 to 30th September 2023.

Operating as an aggregated portfolio of natural gas consumption for dailymetered (DM), metered and non-daily metered meters (NDM) forming part of a combined portfolio.

We willoperate a rolling three year purchasing strategy for multiple customers, where gas will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers.

The portfolio may be split into purchasing in advance of year and purchasing within year.

Natural gas is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance of delivery and may be greater than one year and as short as one month.

The Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date.

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Source & provenance
OCID
b5b073c8-4be1-4481-8df1-ef5123898bd4
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
CD1283 - AWARD
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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