Gas Flexible Purchase
The Authority require a contract to include all gas meters, for a 3 year period commencing on the 1.10.2018.The contract is to be based on a 28 day BACs payment terms with no requirement for credit mitigation. The settlement of the contract is to be based on a minimum +/-20 % annual volume tolerance with a 3 year fixed shape/swing premium. The management fee should also be fixed for the contract duration. A flexible contract is required to allow the Authority to purchase the commodity costs via OTC (over the counte...
Buyer
City of London Corporation
Value
£4,598,961
Published
17 Oct 2018
Closes
16 Jul 2018
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Open
Category
Goods
Contract starts
30 Sept 2018
Contract ends
30 Sept 2021
CPV classifications
09000000
Petroleum products, fuel, electricity and other sources of energy
Lots
Lot default Gas Flexible Purchase
£4,598,961
The Authority require a contract to include all gas meters, for a 3 year period commencing on the 1.10.2018.The contract is to be based on a 28 day BACs payment terms with no requirement for credit mitigation. The settlement of the contract is to be based on a minimum +/-20 % annual volume tolerance with a 3 year fixed shape/swing premium. The management fee...
Delivery: London · United Kingdom, London, United Kingdom
Documents
Unlock document linkAwarded contract notice on Contracts Finder
17 Oct 2018
Awarded contract notice on Contracts Finder
Award notice · Web page
Contains public sector information licensed under the Open Government Licence v3.0.