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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Crown Commercial Service |
| Main Category: | Goods |
| Procurement Method: | Open procedure (below threshold) |
| Tender Status: |
| Closed |
| Estimated Value (ex. VAT): | £1,300,000 |
| Release Date: | 20 March 2025 |
| Application Deadline: | 10 December 2024 |
| Contract Start Date: | 25 February 2025 |
| Contract End Date: | 24 February 2027 |
| Contract Duration: | 2.0 years |
| Procurement ID (OCID): | ocds-b5fd17-b33e6070-7288-473f-b444-e23c614b0e5b |
| Notice Reference: | 933cfe5e-764b-4811-bb90-a23831b4e668-833098 |
All 7 notices for this procurement, oldest first.
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Energy Trading and Risk Management (ETRM) System
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
View Original Notice
Access the full notice on the official portal
Awarded to
| Award value: | £1,300,000 |
| Award decision date: | 25 February 2025 |
| Award status: | Active |
The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's 'single source of truth' for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.
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Application Deadline
10 December 2024
Closed
Estimated Value
£1,300,000
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