Electricity Market Trading Advisor For Hinkley Point

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

Deadline date:03/11/2014

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

Additional information

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

Telephone

Extension number:

Fax

Web address

How to apply

To participate in any possible future procurement which results from this Request For Information, Potential Providers must first be registered on the Government Procurement Service e-Sourcing Suite. If you have not yet registered on the eSourcing Suite, this can be done online at https://gpsesourcing.cabinetoffice.gov.uk by following the link ‘Register for GPS eSourcing’. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so at the Invitation to Tender stage. Full instructions for registration and use of the system can be found at http://ccs.cabinetoffice.gov.uk/i-am-supplier/respond-tender Once you have registered on the e-Sourcing Suite, you will need to express an interest for the Electricity Market Trading Advisor For Hinkley Point contract This is done by emailing ExpressionOfInterest@ccs.gsi.gov.uk. Your email must clearly state: • the name of this procurement (Electricity Market Trading Advisor For Hinkley Point) and the RM reference number (RM4140). • the name of the registered supplier; and • the name and contact details for the registered individual sending the email. Crown Commercial Service will then process this email and assign your organisation to the opportunity. The registered user will receive a notification email to alert them once this has been done. The Invitation to Tender will be issued by close of play on 17/10/14 and therefore suppliers can register on the e-Sourcing Suite between the issue date of this Contracts Finder advert and the deadline date. The deadline date for submission of proposals will be 03/11/14 10:00. It is advised however that Potential Providers register as soon as practically possible in order to receive the Invitation to Tender and have a sufficient amount of time to respond. For technical assistance on use of the e-Sourcing Suite please contact the Helpdesk: Freephone: 0345 010 3503 Email: supplier@ccs.gsi.gov.uk