191_24 Electricity (Half Hourly Metered, Non-Half Hourly and Unmetered Supply)

EspocontractContracts FinderRef ESPO001-DN573980-98112692SME suitableVCSE suitablecomplete
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Estimated value

£960.0m

Awarded value

£960.0m

Awarded 18 Jul 2022

Suppliers

1

Lots

1

1 awarded

Published

22 Jul 2022

Deadline 29 Apr 2022

Description

ESPO wish to create a four-year single supplier Framework Agreement for the provision of wholesale electricity supplies, with ESPO acting as an intermediary to buy electricity in the wholesale market on behalf of central government, local authorities, public and third sector organisations within England, Wales and Scotland. Supplier must hold and maintain an Electricity Supply Licence granted by OFGEM throughout the duration of the Framework Agreement. Upon award of contract, the successful Suppliers rating, as determined by use of a recognised credit rating agency, will be sampled and used as a baseline for contract monitoring. This rating will be monitored for variance against the baseline at least every month. In the case of any negative variances against the baseline, this will be investigated by ESPO accordingly. The successful Supplier must agree and adhere to a number of Mandatory Requirements, Service Levels and Key Performance Indicators which are provided in the tender documentation.

Scope

Reference
ESPO001-DN573980-98112692
Total value
£960,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
30 Sept 2024 to 29 Sept 2028
CPV classifications
09300000 09310000
Particular suitability
Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)

Submission & procedure

Submission deadline
29 Apr 2022, 11:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£960.0m

Award date

18 Jul 2022

Contract start

30 Sept 2024

Contract end

29 Sept 2028