Published date: 14 February 2023

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


Closing: 27 January 2023, 12pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

SW1H 0ET

Value of contract

£70,000

Procurement reference

tender_317307/1179549

Published date

14 February 2023

Closing date

27 January 2023

Closing time

12pm

Contract start date

14 February 2023

Contract end date

31 March 2023

Contract type

Service 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 contract for Services to produce and provide long term supply curves for Oil, Coal and Gas to Department for Business, Energy & Industrial Strategy ("BEIS") has been awarded to Rystad.

The overall purpose of the Contract is to generate assumptions for long-term fossil fuel prices by combining new fossil fuel supply curves with projections of fossil fuel demand, i.e. where supply meets demand.

The fossil fuel supply curves will reflect the range of uncertainty over the evolution of supply curves through the creation of low and high as well as central projections, reflecting the plausible and evidence-based range and the inherent uncertainty.
The projections will be for 2025, and then for 10-year time blocks between 2030 up to and including 2050.

More information

Attachments

Award information

Awarded date

14 February 2023

Contract start date

14 February 2023

Contract end date

31 March 2023

Total value of contract

£70,000

This contract was awarded to 1 supplier.

Rystad Energy Limited

Address

68 High Street, Tarporley, Cheshire, CW6 0AT

Reference

Companies House number: 08040319

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Department for Business, Energy & Industrial Strategy

Address

1 Victoria Street
London
SW1H 0ET
England

Email

internationalclimateandenergy.procurement@beis.gov.uk