DoF Collaborative Arrangement for the Provision of Risk Management Advisory Services (ID 4141813)

A Contract Award Notice
by DEPARTMENT OF FINANCE

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£402K
Sector
INDUSTRIAL
Published
13 Dec 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

Northern Ireland:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

This contract is for the provision of Energy Market Risk Management Advisory Services for a term of 3 years with the option to extend by up to two years. The anticipated commencement date shall be 1st August 2023 and expire on 31st July 2026, unless extended by the optional extension.

Total Quantity or Scope

Additional information: This contract is for the provision of Energy Market Risk Management Advisory Services for a term of 3 years with the option to extend by up to two years. The anticipated commencement date shall be 1st August 2023 and expire on 31st July 2026, unless extended by the optional extension.The participating Clients are set out in Table 1. Numbers in brackets indicate the estimated number of risk strategies for each Client at Contract commencement. The number of risk strategies per Client may vary as replacement energy supply contracts are awarded. Table 1: Participating Bodies NICS plus ALBs NDPBs Health Social Care TrustsDoF 2 Belfast HSCT 2PSNI 2 Northern HSCT 2Education Authority 2 South Eastern HSCT 2DfI 1 Southern HSCT 2NI Water 2 Western HSCT 2Translink 2 NI Fire and Rescue Service 2MOD 1 Business Services Organisation 2 NI Ambulance Service 2Note that multiple follower organisations follow DoF’s, Belfast HSCT’s and DfI’s risk strategies. The date at which BSO, NIAS and NIFRS will follow BHSCT’s risk strategies is yet to be agreed.

Award Detail

1 Horizon Energy Group (None)
  • Contract
  • Reference: 035207-2022-1-1
  • Value: £402,500

Award Criteria

Qualitative Criteria 50
Quantitative Criteria 50

CPV Codes

  • 71314000 - Energy and related services
  • 71314200 - Energy-management services
  • 71314300 - Energy-efficiency consultancy services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Contract monitoring: the successful contractor’s performance on the contract will be regularly monitored. Contractors not delivering on contract requirements is a serious matter. It means the public purse is not getting what it is paying for. If a contractor fails to reach satisfactory levels of contract performance they will be given a specified time to improve. If, after the specified time, they still fail to reach satisfactory levels of contract performance, the matter will be escalated to senior management in Construction and Procurement Delivery CPD for further action. If this occurs and their performance still does not improve to satisfactory levels within the specified period, it may be regarded as an act of grave professional misconduct and they may be issued with a certificate of unsatisfactory performance and the contract may be terminated. The issue of a certificate of unsatisfactory performance will result in the contractor being excluded from all. procurement competitions being undertaken by centres of procurement expertise on behalf of bodies covered by the Northern Ireland Procurement Policy for a period of 12 months from the date of issue of the certificate..

Reference

Domains