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Energy Trading and Risk Management (ETRM) System

The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£1,300,000
Statuscomplete
Category (CPV) 48000000
Deadline10 Dec 2024
Procedureopen
OCIDocds-h6vhtk-04b58b

Awards (2)

This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £1,300,000.

SupplierValueDateStatus
See Contracts Finder Notice for full supplier list shared · · active
VuePoint Solutions Limited shared · · active

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.

notice history

5 notices published against this procurement.

PublishedTypeRegimeNotice
11 Nov 2024 Contract notice (F02) Earlier regulations 036454-2024
12 Nov 2024 Corrigendum (F14) Earlier regulations 036581-2024
20 Mar 2025 Contract award notice (F03) Earlier regulations 010393-2025
23 Sept 2025 Modification notice (F20) Earlier regulations 059032-2025
7 Oct 2025 Contract award notice (F03) Earlier regulations 062981-2025

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source

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