191_24 Electricity (Half Hourly Metered, Non-Half Hourly and Unmetered Supply)
Estimated value
£960.0m
Awarded value
£960.0m
Suppliers
1
Lots
1
Published
22 Jul 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