Public utilities | Tenderlake

Public utilities

Contract Value:
GBP 250M - 250M
Notice Type:
Contract award notice
Published Date:
23 December 2019
Closing Date:
Location(s):
UK UNITED KINGDOM
Description:
Supply of Electricity and Mains Gas

Supply of gas and electricity to NHS Property Services Ltd (NHSPS).

NHSPS maintains a preference for flexible contracts with bespoke supply agreements that suit its appetite for risk.


Supply of Half Hourly and Non-Half Hourly Electricity

Supply of half-hourly and non-half hourly electricity to metered supply points owned by NHS Property Services Ltd.

Flexible purchasing strategy employing both buys and sells on a forward and prompt basis, indicatively with the option for a cash-out approach.

The preferred risk management strategy to be agreed following tender evaluation but the contract should enable the option for a provisional price to be communicated to the customer ahead of consumption, followed by a cash reconciliation payment (annual or monthly) where purchasing continues into the delivery period (price within period).


Supply of Mains Gas

Supply of mains gas to metered supply points owned by NHS Property Services Ltd.

Flexible purchasing strategy employing both buys and sells on a forward and prompt basis, indicatively with the option for a cash-out approach.

The preferred risk management strategy to be agreed following tender evaluation but the contract should enable the option for a provisional price to be communicated to the customer ahead of consumption, followed by a cash reconciliation payment (annual or monthly) where purchasing continues into the delivery period (price within period).

Awarded to:
Supply of Half Hourly and Non-Half Hourly Electricity
British Gas Trading Ltd, Oxford (UK)
Supply of Mains Gas
Corona Energy Ltd, London (UK)
Download full details as .pdf
The Buyer:
NHS Property Services
CPV Code(s):
09121200 - Mains gas
09310000 - Electricity
65000000 - Public utilities