Purchase of UK Allowances (UKA) in Accordance with the UK Emissions Trading Scheme (UK ETS) (2025-29)

A Prior Information Notice
by UNIVERSITY OF STRATHCLYDE

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£0-£7M
Sector
INDUSTRIAL
Published
16 Jan 2025
Delivery
not specified
Deadline
n/a

Concepts

Location

University of Strathclyde

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

This Prior Information Notice (PIN) relates to the appointment of a Service Provider for the Purchase of UK Allowances (UKA) in Accordance with the UK Emissions Trading Scheme (UK ETS) (2025-29) (UOS-35556-2025) at the University of Strathclyde.

Total Quantity or Scope

The University of Strathclyde (“the University”) is seeking to purchase UK Allowances (UKAs) in accordance with the UK Emissions Trading Scheme (UK ETS). The Contract will include, however, will not be limited to: - Purchases of allowances at auctions on behalf of the University: - Incorporating a hedging strategy on behalf of the University to limit exposure to high prices of allowances: - Holding and transfer of allowances from an authorised UK ETS Trading Registry Account to the University’s Operator Holding Account (OHA) on a quarterly basis: - Providing market insights, intelligence and price forecasts at agreed intervals at no extra cost to the University: - Running market orders; and - The University may request that the service provider hold allowances on behalf of the University. Additional information: Please note, the information contained within this Prior Information Notice (PIN) is subject to change.

CPV Codes

  • 71314000 - Energy and related services
  • 71314300 - Energy-efficiency consultancy services
  • 71314200 - Energy-management services
  • 79223000 - Custom broker services
  • 90731210 - Purchase of CO2 emission credits

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The University of Strathclyde may conduct further market engagement with interested parties as per Regulation 41 - Preliminary Market Consultation, of The Public Contracts (Scotland) Regulations 2015. As such, all interested parties must register their interest no later than 12 noon on the 29 January 2025. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=788045. (SC Ref:788045)

Reference

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