# Supply of Natural Gas - AWARD

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: Suffolk Sourcing
- Contract winner: GAZPROM MARKETING & TRADING RETAIL LIMITED
- Award value: £2,518,352
- Award date: 7 January 2020
- Published: 7 February 2020
- Contract start: 1 October 2020
- Contract end: 30 September 2023
- Stage: awarded
- Procurement category: services
- Notice ID: b5b073c8-4be1-4481-8df1-ef5123898bd4-342528
- OCID: ocds-b5fd17-3c071e62-f430-4468-be16-1adbd1b8d502

## Description

We require a flexible risk managed natural gas contract on a rolling basis for 3 years, for the period 1st October2020 to 30th September 2023\. Operating as an aggregated portfolio of natural gas consumption for dailymetered \(DM\), metered and non-daily metered meters \(NDM\) forming part of a combined portfolio\. We willoperate a rolling three year purchasing strategy for multiple customers, where gas will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers\. The portfolio may be split into purchasing in advance of year and purchasing within year\. Natural gas is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance of delivery and may be greater than one year and as short as one month\. The Supplier will execute trades via a shared set strategy and customers will be aligned to a common contract start date\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/b5b073c8-4be1-4481-8df1-ef5123898bd4-342528)