Electricity Market Trading Advisor For Hinkley Point
HM Treasury is seeking external specialist support in respect of: electricity trading due diligence in relation to season-ahead trading strategies.
RM4140 L0449 – Electricity Market Trading Advisor For Hinkley Point
Reference number:RM4140 L0449
This deadline is for…Submission of tenders. Please see ‘How to apply instructions to suppliers’ for more information.
Contract value: £0 – £100,000
Location where the contract is to be carried out:United Kingdom
Is this suitable for smaller suppliers?Yes
Is this contract suitable for a voluntary, community and social enterprise organisations?Yes
Name of the buying organisation:Crown Commercial Service (on behalf of HM Treasury)
Description of the contract
The Chancellor of the Exchequer announced at the Spending Round that he has prequalified the new nuclear build project by EDF Energy plc at Hinkley Point in Somerset for a UK guarantee. HM Treasury is overseeing the development, structuring, documentation, credit assessment and pricing of such a guarantee. Detailed discussions are now underway with full financial close currently anticipated to take place in early 2015 with interim milestones beforehand. HM Treasury is seeking external specialist support in respect of: electricity trading due diligence in relation to season-ahead trading strategies; trading responses to changes in forecast output; ability to capture the market reference price; risk/cost and incentives in route to market arrangements; and regulatory compliance. Please see attached document for full description.
Classification of the contract
79400000Business and management consultancy and related services
Contract type:Services – Unspecified
Is it a framework agreement?No
Is this contract related to a programme of funding?No
Contract will be awarded based on:Most economically advantageous tender in terms of: The criteria stated in the contract documents
Estimated length of contract:6 Months
Who to contact
Contact nameChris Redford
Organisation nameGovernment Procurement Service – London
Address1 Horse Guards Road, Westminster, London, SW1A 2HQ