Published date: 20 March 2025

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


Closing: 10 December 2024, 3pm

Contract summary

Industry

  • Software package and information systems - 48000000

Location of contract

United Kingdom

Value of contract

£1,300,000

Procurement reference

RM6385

Published date

20 March 2025

Closing date

10 December 2024

Closing time

3pm

Contract start date

25 February 2025

Contract end date

24 February 2027

Contract type

Supply 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?

Yes

Description

The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's 'single source of truth' for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.

More information

Previous notice about this procurement

Energy Trading and Risk Management (ETRM) System

  • Opportunity
  • Published 11 November 2024, last edited 22 November 2024

Attachments

Award information

Awarded date

25 February 2025

Contract start date

25 February 2025

Contract end date

24 February 2027

Total value of contract

£1,300,000

This contract was awarded to 1 supplier.

A list of successful suppliers can be found in the attachments a

Address

A list of successful suppliers can be found in the attachments area

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

The Minister for the Cabinet Office acting through Crown Commercial Service

Address

9th Floor, The Capital Building, Old Hall Street
Liverpool
L3 9PP
England

Telephone

+44 345410222

Email

supplier@crowncommercial.gov.uk

Website

https://www.gov.uk/government/organisations/crown-commercial-service