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Energy Trading and Risk Management (ETRM) System

Crown Commercial Service Published 11 Nov 2024 Contracts Finder

key details

Value£738,571
Statuscomplete
Category (CPV) 48000000
Deadline10 Dec 2024
Contract start3 Nov 2025
Contract end2 Nov 2027
Procedureopen
SME suitableYes
OCIDocds-b5fd17-b33e6070-7288-473f-b444-e23c614b0e5b

Awards (4)

This procurement was awarded to 3 suppliers. Values shown are per-award; the notice total is £738,571.

description

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.

Additional information: Pursuant to termination detailed within the modification notice published on 24/09/2025, this contract is awarded to the supplier ranked second in RM6385 in replacement to ensure continuation of service.

The Contract will be established for 24 months with the option for us to extend for 3 12 month periods (2+1+1+1).

documents

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notice history

10 notices published against this procurement.

PublishedTypeRegimeNotice
11 Nov 2024 Contract notice (F02) Earlier regulations 036454-2024
11 Nov 2024 Tender amendment (tenderAmendment) · e74297dd-d7b8-4e40-8b97-fa903e4f5634-801584
12 Nov 2024 Corrigendum (F14) Earlier regulations 036581-2024
14 Nov 2024 Tender amendment (tenderAmendment) · e74297dd-d7b8-4e40-8b97-fa903e4f5634-802598
22 Nov 2024 Tender amendment (tenderAmendment) · e74297dd-d7b8-4e40-8b97-fa903e4f5634-804945
20 Mar 2025 Contract award notice (F03) Earlier regulations 010393-2025
20 Mar 2025 Award (award) · 933cfe5e-764b-4811-bb90-a23831b4e668-833098
23 Sept 2025 Modification notice (F20) Earlier regulations 059032-2025
7 Oct 2025 Contract award notice (F03) Earlier regulations 062981-2025
7 Oct 2025 Award (award) · 9d8539c5-cf92-46a6-9ac2-24efba22e812-861968

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source

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