Issue details

Supply of Energy and Ancillary Services Contract Award/Renewal

To purchase and take delivery of electricity and gas services from framework supplier/s. Services to be provided using framework agreement with the supplier/s which regulates, the aggregation of the customer portfolio, the forward purchasing of electricity and gas for the aggregated customer portfolio, the locking and unlocking of wholesale electricity and gas prices, related hedging activities and the scheduling of supply of electricity and gas to customers. The contract term is 4years and the estimated contract value £71.2m.


Decision type: Key

Reason Key: Both: Significant impact and significant expenditure/savings;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 18/10/2023

Anticipated restriction: Part exempt  - View reasons

Decision due: Not before 16th Nov 2023 by Cabinet Member for Finance and Council Reform

Lead director: Executive Director of Finance and Resources

Department: Finance and Resources

Contact: Claire Barrett, Director of Property and Strategic Asset Management Email: