Published date: 6 October 2022

Last edited date: 17 October 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 19 September 2022, 2pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

Any region

Value of contract

£59,995.03

Procurement reference

tender_313649/1111941

Published date

6 October 2022

Closing date

19 September 2022

Closing time

2pm

Contract start date

10 October 2022

Contract end date

31 March 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION *****

This procurement is being concluded following a competitive procurement exercise.


Brief Description of Requirement

The project will gather new evidence on investment behaviour in GB renewable electricity generation assets (onshore wind, offshore wind, solar, and biomass), including how such behaviour could be influenced by increased price / market exposure beyond that experienced under the current Contracts for Difference scheme.

This evidence will be crucial to drive efficient investment in GB renewables and deliver our sector ambitions at the lowest cost to consumers. The results will help us investigate the opportunities (or lack thereof) to operate on a more market led basis with additional price exposure (for generators; currently price exposure is faced by consumers), to be delivered through evolution of the Contracts for Difference (CfD) scheme and the ongoing Review of Electricity Market Arrangements (REMA).

More information

Attachments

Award information

Awarded date

5 October 2022

Contract start date

10 October 2022

Contract end date

31 March 2023

Total value of contract

£59,995.03

This contract was awarded to 1 supplier.

Frontier Economics Limited

Address

71 High Holborn, London, WC1V 6DA

Reference

Companies House number: O3752719

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Polaris House, North Star Avenue
Swindon
SN2 1LF
England

Email

professionalservices@uksbs.co.uk