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Supply of Electricity and Gas

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What the buyer wrote

The City invites Tenders for the provision of a electricity and gas supplies, across the City's Corporate, Investment Property and Housing portfolios. The Authority require a contract to include both the Half Hourly and non-Half Hourly meters, for a 3 year period commencing on the 1.10.2018 and based on a 30 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 fee. 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 counter) pricing through tr…

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Details

What the buyer calls it
Supply of Electricity and Gas
How they are buying
Advertised, open to anyoneAny supplier could bid without being invited first.
Type
goods
Work starts
30 Sep 2018
Work ends
30 Sep 2021
Kind of work
Energy

Who the buyer named

The buyer published a contact address on this notice.

karen.moorhouse@cityoflondon.gov.uk