Published date: 11 April 2017

Last edited date: 11 April 2017

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 15 July 2016

Contract summary

Industry

  • Auction services - 79342400

Location of contract

Any region

Value of contract

£0.01

Procurement reference

BIP187901146

Published date

11 April 2017

Closing date

15 July 2016

Contract start date

11 November 2017

Contract end date

9 November 2022

Contract type

Service contract

Procedure type

Open procedure

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The Auctioning Regulation also sets out the detailed requirements for the auctioning of aviation and phase III general allowances. Details of the provisions of particular importance are included in the ITT but the preferred supplier will be expected to follow the provisions set out in that Regulation as a whole and in particular should note that:
-The service of auctioning of allowances pursuant to Article 27 of the Auctioning Regulation will be paid through fees paid by the persons admitted to bid in the auctions and successful bidders in the auctions, pursuant to Articles 51 and 52 of the Auctioning Regulation.
-Tenderers should in particular take note of the following provisions of the Auctioning Regulation:
- Pursuant to Article 27(2) '(...) the auction platform shall be connected to at least 1 clearing system or settlement system',
- Pursuant to Article 35(1) 'Auctions shall only be conducted on an auction platform authorised as a regulated market whose operator organises a market in allowances or allowance derivatives'. In addition, Articles 35, 36, 43, 55 and 56 of the Auctioning Regulation provide further requirements on authorisation, notification, supervision and enforcement of the auctioning activity.
-The contractor will also be required, among other things, to demonstrate that the clearing system or settlement system connected to the platform is designated pursuant to the Directive 98/26/EC of the European Parliament and of the Council on settlement finality in payment and securities settlement systems.

About the buyer

Address

3 Witehall place
London
SW1A 2AW
England

Email

euetsauctionplatform@decc.gsi.gov.uk