The Supply of Bulk Liquid Fuels
Estimated value
£12.0m
Awarded value
£11.7m
Suppliers
1
Lots
1
Published
09 Mar 2017
Description
CORMAC Solutions wishes to appoint suitably qualified suppliers to a Framework Agreement, to supply bulk liquid fuels to depots and work sites in Cornwall. The Framework will enable call-off contracts to be awarded through a Platts MID CIF weekly lagged rate, plus excise duty, plus supplier’s fixed margin pricing mechanism. The Lot categories are as follows: Lot 1 = Ultra Low Sulphur Diesel Deliveries. Lot 2 = Gas Oil Deliveries. Lot 3 = Ultra Low Sulphur Diesel and Gas Oil Deliveries (the award will be made under this lot if a more competitive price is tendered for both products combined). The Framework will have an initial duration of one year with an option to extend for a further 3 years (3 annual extensions), subject to satisfactory performance, up to a maximum of 4 years total. The commencement date is anticipated to be the 1st April 2016. Whilst there is no guarantee of quantity or spend, CORMAC Solutions is likely to spend in the region of up to £3,750,000 per annum across both lots. Appointed suppliers will be required to commit to a rebate structure. This is explained in more detail in the tender documents. Suppliers wishing to participate in this procurement opportunity will need to express an interest by email to procurement@cormacltd.co.uk. The tender documents will then be sent.
Scope
- Reference
- CSL2015.03F/2
- Total value
- £12,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2016 to 30 Mar 2020
- CPV classifications
- 09134000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 18 Jan 2016, 12:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£11.7m
Award date
23 Feb 2016
Contract start
31 Mar 2016
Contract end
30 Mar 2020