Offshore Renewable Energy Catapult (OREC)
UnknownCompany number04659357
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
100%Top 3 buyers account for 100% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
100%Largest buyer (The Department for Business, Energy and Industrial Strategy (BEIS)) represents 100% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
0 in 24mo0 contracts due for renewal in next 24 months
New buyer acquisitionHigh risk
0 in 24mo0 new buying relationships in last 24 months
Buyer breakdown2 buyers
Total buyers2
Top 5 concentration100%
Returning buyers2
New buyers (24 mo)0
Top buyers by contract value
View all buyers
| Buyer | Sector | Contracts | Total value | % of portfolio | Latest award |
|---|---|---|---|---|---|
| The Department for Business, Energy and Industrial Strategy (BEIS) |
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£5m
Contracts3
Buyers2
Contract patterns
Avg contract value£2m
Avg duration2yr 6mo
Renewal rate50%
Total contracts3
Awards by year
12021£5m
Procurement route
Direct award