Published date: 29 July 2021
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.
Contract summary
Industry
Electricity - 09310000
Electricity distribution and related services - 65300000
Location of contract
United Kingdom
Value of contract
£32,000,000 to £40,000,000
Procurement reference
CD1335-1
Published date
29 July 2021
Closing date
3 September 2021
Closing time
12am
Contract start date
1 April 2022
Contract end date
31 March 2025
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?
Yes
Contract is suitable for VCSEs?
No
Description
We require a flexible risk managed renewable electricity contract on a rolling basis for 3 years, for the period 1st April 2022 to 31st March 2025. Operating as an aggregated portfolio of renewable electricity consumption for Half Hourly metered (HH), and non-Half Hourly metered (NHH) supplies forming part of a combined portfolio. The portfolio must also contain Unmetered Supplies (UMS) which are both NHH and HH.
Our anticipated consumption is expected as follows
HH Gwh 58,975,055
NHH Gwh 17,454,729
We will operate a rolling three year (36 month) purchasing strategy for multiple customers, where renewable electricity will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers. The portfolio may at Vertas or its adviser's direction be split into purchasing in advance of year and purchasing within year. Renewable electricity 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.
CD1335 Supply of Renewable Electricity, the Successful Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date. The successful supplier is required to provide short term pricing where necessary to bring new customers to a co-terminus date.
The documentation is available at www.suffolksourcing.uk
About the buyer
Contact name
Martin Jennings
Address
Endeavour House, Russell Rd
IPSWICH
IP12BX
England
Telephone
01473 260450
martin.jennings@suffolk.gov.uk
Website
Share this notice
Closing: 3 September 2021, 12am
All content is available under the
