Energy Portfolio Services Framework.
The Inenco Group C/O Shoreline | Published August 22, 2015 - Deadline September 18, 2015
This tender is only accessible via the online tender portal www.cirrustenders.co.uk
The Invitation to tender (ITT) is issued to establish an electricity and gas portfolio services framework for a central purchasing body covering the UK. The lead contracting authority for the tender is Shoreline Housing Partnership (Shoreline), and the tender process, and resulting framework agreement is managed by Inenco, acting as the agent for the central purchasing body. The framework is available for use by all contracting authorities as defined by Regulation 2 of the Public Contracts Regulations 2015 #102, and is also available for use by all current and future members of the central purchasing body.
Shoreline is a provider of affordable housing in North East Lincolnshire. Shoreline owns and manages 7,900 homes which were formally run by North East Lincolnshire Council before the tenants voted by a ratio of two to one to transfer the management of their homes.
Shoreline officially began on 21.3.2005; it is a non-profit making organisation that is separate from the Council and is registered with the Homes and Communities Agency (the independent regulator for affordable housing who ensure that Shoreline keeps its promises to tenants and that Shoreline meets strict performance standards). Shoreline's Chief Executive is Tony Bramley.
Founded in 1968 and headquartered in Lytham, Lancashire; the Inenco Group (made up of Inenco and Inenco Direct — A company delivering energy services specifically to SME's) is one the UK's largest energy consultancies, providing Britain's biggest businesses with strategic energy solutions, from specialist procurement services to energy management. We procure more than £3.2 billion of power and gas annually, making us the single largest third-party purchaser of energy in the country. Over 400 employees serve over 9,000 customers across the UK and Europe, from small businesses to major industrial and commercial energy users.
The ITT is issued in accordance with the Open Procedure under the Public Contracts Regulations 2015 #102. The ITT sets out the information which is required by the client in order to assess the suitability of suppliers in terms of their ability to deliver the requirements of the proposed framework.
The client is seeking bids from suppliers to participate in an electricity and gas portfolio services framework, covering the following lots:
Lot 1: Non-half hourly (NHH) electricity
Lot 2: Half hourly (HH) electricity
Lot 3: Gas
Bidders can bid on 1 or more lots.
The primary requirement for this framework is for the flexible procurement solution for non-half hour electricity portfolios (lot 1), half hourly electricity portfolios (lot 2) and gas portfolios (lot 3) where clients are aggregated into a trade shape to enable consolidated trading. The electricity and gas shall be purchased via the wholesale market, and the prices shall be translated into fully delivered costs on a site by site basis. Within the aggregated portfolios, there should be a number of trading strategies available.
Currently, Inenco operate 3 forwarding buying options, and one spot buying option within each portfolio. Contracting authorities should have the ability to apportion volume across the strategies and the ability to switch between the strategies, however, this will be controlled by Inenco and will be limited to set times of the year. At the end of the trading process, the portfolio should be de-aggregated providing individual meters with prices reflective of their load profile.
The framework is to cover call-off contracts made within England, Scotland and Wales, but excludes Northern Ireland. The framework is available for use by all contracting authorities as defined by Regulation 2 of the Public Contracts Regulations 2015 #102, and is also available for use by all current and future members of the central purchasing body. Please see the Additional Information section within this Contract Notice for further details. The final framework will consist of 1 supplier per lot.
The estimated value over the framework period is anticipated to be up to 488 000 000 GBP excluding VAT, however this is an estimate only. The maximum levels of expenditure per lot are estimated to be as follows:
Lot 1: 200 000 000 GBP over the framework period excluding VAT
Lot 2: 200 000 000 GBP over the framework period excluding VAT
Lot 3: 88 000 000 GBP over the framework period excluding VAT
These values are estimates only. The client accepts no responsibility for inaccuracies in the estimates provided. This is for information only, and no guarantees are given, nor are implied as to the value of business that will be placed with successful bidders participating in the resulting framework agreement. Award of a position on this framework to any supplier does not guarantee any contracts will be awarded to the supplier under the framework.
Full details of the required service can be found in the tender documents.