Published date: 12 May 2025

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


Closing: 1 September 2024, 2pm

Contract summary

Industry

  • Electricity - 09310000

Location of contract

RG31 7SD

Value of contract

£0 to £750,000

Procurement reference

1448 - Rev 2

Published date

12 May 2025

Closing date

1 September 2024

Closing time

2pm

Contract start date

1 October 2024

Contract end date

30 September 2029

Contract type

Supply contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Currently services are provided under the Kent County Council Framework with Laser Energy.
Following research, by Procurement it is felt that best value for the Authority would be achieved by remaining with Kent County Councils Framework with Laser Energy.

Laser has the option to select from a plethora of suppliers. Originally, they ran a mini competition for RBFRS services and selected Npower the supplier whose rates where the most preferential to the Authority. The current contract is a flexible pricing contract, which means we can re-negotiate our rates
Laser has the benefit of bidding for large energy purchase blocks as they aggregate all their clients' requirements. Therefore, they can purchase large blocks of energy at discounted rates as opposed to buying energy in smaller blocks under Purchase in Advance PIA Basket where all site volume purchased prior to delivery for a 12-month supply period. Pass Through charges will be added to arrive at the delivered price in pence per Kilowatt hour. The delivered price is fixed for the 12 months period.
Once we give the go ahead from to Laser, they will start to purchase flexibly for RBFRS which would be at the current market rate which is lower than the rate we are currently paying.
The current strategy would be to fix out the whole of year one at the current market rates and purchase a large proportion of year two and some of the volume for year three at current market rates.
This will protect RBFRS from future increases but by leaving volume open in years two and three we can also benefit if the price continues to fall over the next few months.

Award information

Awarded date

9 January 2025

Contract start date

1 October 2024

Contract end date

30 September 2029

Total value of contract

£750,000

This contract was awarded to 1 supplier.

Laser Energy Buying Group

Address

GIBSON DRIVE, KINGS HILL, WEST MALLING, ME19 4QG

Reference

No reference - other

Value of contract

£750,000

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

Shuvham Bhandari

Address

Newsham Court
READING
RG317SD
England

Telephone

07785925716

Email

bhandaris@rbfrs.co.uk