Published date: 21 October 2019

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: 21 November 2019

Contract summary

Industry

  • Natural gas - 09123000

Location of contract

IP1 2BX

Value of contract

£0

Procurement reference

CD1283

Published date

21 October 2019

Closing date

21 November 2019

Contract start date

1 October 2020

Contract end date

30 September 2023

Contract type

Service contract

Procedure type

Open procedure (above threshold)

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

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

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

We require a flexible risk managed natural gas contract on a rolling basis for 3 years, for the period 1st October2020 to 30th September 2023. Operating as an aggregated portfolio of natural gas consumption for dailymetered (DM), metered and non-daily metered meters (NDM) forming part of a combined portfolio. We willoperate a rolling three year purchasing strategy for multiple customers, where gas will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers. The portfolio may be split into purchasing in advance of year and purchasing within year. Natural gas is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance of delivery and may be greater than one year and as short as one month. The Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date.

More information

Links

Additional text

This opportunity is available in the `Current Tenders` area of www.suffolksourcing.uk.

Interested parties are invited to express their interest in order to gain full access to the tender documentation

Is a Recurrent Procurement Type? : No

About the buyer

Contact name

Martin Jennings

Address

Russell Road
Ipswich
Suffolk
IP1 2BX
United Kingdom

Telephone

+44 1473260450

Email

martin.jennings@suffolk.gov.uk

Website

https://www.suffolk.gov.uk/business-jobs-and-careers/tenders-and-supplying-us/