Supply of Natural Gas - AWARD
Estimated value
—
Awarded value
£2.5m
Suppliers
1
Lots
1
Published
07 Feb 2020
Description
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.
Scope
- Reference
- CD1283 - AWARD
- Commercial tool
- Standalone contract
- Contract dates
- 30 Sept 2020 to 29 Sept 2023
- CPV classifications
- 72000000 72100000 32500000 85300000 51300000 72300000
Submission & procedure
- Submission deadline
- 21 Nov 2019, 12:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£2.5m
Award date
07 Jan 2020
Contract start
30 Sept 2020
Contract end
29 Sept 2023