Published date: 21 October 2022

Last edited date: 1 November 2022

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


Closing: 21 September 2022, 2pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

Any region

Value of contract

£99,979.10

Procurement reference

tender_313653/1115284

Published date

21 October 2022

Closing date

21 September 2022

Closing time

2pm

Contract start date

19 October 2022

Contract end date

13 February 2023

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

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 mini competition under the CCS RM6126 DPS

Brief Description of Requirement:
The project is intended to obtain quantitative insights into the scale of possible system benefits from optimally efficient locational signals, to inform market design policy decisions under the Review of Electricity Market Arrangements (REMA). At a high level , the results will also have relevant to policy strategy for future Contracts for Difference auction rounds.
This research project is not intended to inform a specific policy recommendation on how best to send locational signals; we anticipate that the concept of 'optimal' locational signals would be represented in the model through siting and dispatch decisions (for generation and flexibility assets) being made endogenously to minimise system costs, within a set of exogenous constraints. Results from this project would complement other evidence gathering and policy development on specific mechanisms for delivering signals within the wider packages of reforms being considered by REMA.

More information

Attachments

Award information

Awarded date

18 October 2022

Contract start date

19 October 2022

Contract end date

13 February 2023

Total value of contract

£99,979.10

This contract was awarded to 1 supplier.

GRANT THORNTON UK LLP

Address

30 Finsbury Square, London, England, EC2A 1AG

Reference

Companies House number: OC307742

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

UK SBS, Polaris House, North Star Avenue
Swindon
SN2 1FF
England

Email

professionalservices@uksbs.co.uk

Website

www.uksbs.co.uk