Published date: 24 October 2022

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


Closing: 20 October 2022, 11:59pm

Contract summary

Industry

  • Petroleum products, fuel, electricity and other sources of energy - 09000000

Location of contract

England

Value of contract

£1,000,000 to £1,500,000

Procurement reference

LEICSCC001-DN633773-02978422

Published date

24 October 2022

Closing date

20 October 2022

Closing time

11:59pm

Contract start date

1 November 2022

Contract end date

30 September 2024

Contract type

Supply contract

Procedure type

Other

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This Contract is to supply fuel into a "virtual bunker", for use by the Customer who has a high-volume of diesel usage for its Passenger Fleet Transport.

The Council seeks a Service Provider to facilitate bulk purchase of EN590 white road grade diesel, and have the fuel purchased placed into the bunker network operated by UK Fuels and Key Fuels.

The Customers' staff will then draw the fuel it has purchased from a number of forecourts located throughout the UK, by use of a fuel card issued by one of the UK fuel bunker card providers such as UK Fuels or Key Fuels.

The contract has been awarded using the Direct Award procedure under ESPO Framework 301_22 for liquid fuels.

The Framework pricing is based on a weekly PLATTS commodity price plus supplier margin price. Therefore, the value of the contract is permitted to either increase or decrease depending on the market price for diesel.

Due to current volatility in the fuel markets, the Council cannot provide an accurate forecast of what it might pay over the course of the contract, however, the supplier's margin is fixed for the duration of this agreement. Only the tracked indexed commodity (PLATTS) cost element of the price is permitted to fluctuate under this contract.

Award information

Awarded date

24 October 2022

Contract start date

1 November 2022

Contract end date

30 September 2024

Total value of contract

£1,500,000

This contract was awarded to 1 supplier.

Your NRG Limited

Address

Baltic Works, Baltic Street, Hartlepool, England, TS25 1PW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Company Reg Number 06263424

About the buyer

Address

County Hall
Leicester Road, Glenfield
Leicester
LE3 8RA
England

Telephone

01162323232

Email

commissioning.support@leics.gov.uk

Website

https://www.eastmidstenders.org/index.html