National Framework Agreement for the Supply of Electricity

Description

The Countess of Chester Hospital Commercial Procurement Services (COCH) has set up a single-supplier Framework Agreement for the supply of electricity that can be utilised by UK public sector bodies. We intend to offer an aggregated purchasing portfolio which provides a committed volume to the wholesale market. The electricity will be purchased using various flexible procurement methodologies and strategies. The total quantity of electricity required under this framework will be dependent upon the number of public sector organisations that utilise the framework and the number of sites that each organisation has. It is anticipated that a number of organisations in the current portfolio of clients will transfer to the new Framework Agreement but this is not guaranteed. The annual volume of electricity to be purchased via this framework is estimated to be approximately 250 GWh but this figure is provided for indicative purposes only and is subject to change as there are no guarantees that any or all of the current portfolio of clients will transfer to the new Framework Agreement. The Framework Agreement will be required to deliver electricity to its customers from 1.4.2020. Upon award of the Framework Agreement, the Framework Agreement will be utilised with immediate effect to purchase electricity in advance for the portfolio. This will be a Framework Agreement with no commitment or guaranteed level of business. The supplier must have a full electricity supply licence obtained through the Office of Gas and Electricity Markets (OFGEM) pursuant to the Electricity Act 1989. Other conditions are set out within the procurement documents.

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