Section one: Contracting authority
one.1) Name and addresses
City of London Corporation
Guildhall
London
EC2P 2EJ
James.Carter@cityoflondon.gov.uk
Telephone
+44 2073321065
Country
United Kingdom
NUTS code
UKI - LONDON
Internet address(es)
Main address
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Power Purchase Agreement for Off-site Renewable Electricity
Reference number
18/299/FS
two.1.2) Main CPV code
- 09310000 - Electricity
two.1.3) Type of contract
Supplies
two.1.4) Short description
The City of London Corporation (The City) has entered into an offsite power purchase agreement (PPA) with a renewable energy project owner and operator (The Developer), from which the City purchases all of the power generated at an agreed fixed price for the duration of the contract, indexed annually to CPI, along with renewable energy benefits.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £40,000,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - UNITED KINGDOM
two.2.4) Description of the procurement
The City of London Corporation (The City) has entered into an offsite power purchase agreement (PPA) with a renewable energy project owner and operator (The Developer), from which the City purchases all of the power generated at an agreed fixed price for the duration of the contract, indexed annually to CPI, along with renewable energy benefits.
The project is expected to deliver through the PPA approximately 54GWh per annum. The project is to become fully operational by February 1st 2022.
The contract structure is a ‘pay-as-produced’ sleeved ('physical') PPA with an availability guarantee provided by the Developer, for the supply of solar power. It is “sleeved” through the existing utility supplier who provide a shaping and balancing service separately.
The City has acquired the exclusive right to the power and the associated environmental attributes (including Renewable Energy Guarantees of Origin (‘REGOs’)) under the PPA, which is included in the price offered by the Developer. The Sleeving Supplier will facilitate (or ‘sleeve’) the supply of such power and associated environmental attributes from the renewable energy project to the City pursuant to the terms of the sleeving PPA entered into between the City and the Sleeving Supplier. The term of the PPA is 15 years.
The contract was awarded at 54.6GWh towards the top of the proposed 35-55GWh procurement range and is valued at £40m over the term
two.2.5) Award criteria
Quality criterion - Name: Technical / Weighting: 30
Quality criterion - Name: Commercial / Weighting: 70
Cost criterion - Name: Net Present Value / Weighting: 70
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive dialogue
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2019/S 243-596591
Section five. Award of contract
Contract No
1
Title
Power Purchase Agreement for Off-site Renewable Electricity
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
26 January 2021
five.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
South Farm Solar Limited
One Lyric Square
London
W6 0NB
Country
United Kingdom
NUTS code
- UKI - LONDON
National registration number
11677325
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £30,375,000
Total value of the contract/lot: £40,000,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
High Court of England and Wales
Royal Courts of Justice, The Strand
London
WC1A 2LL
Country
United Kingdom
six.4.2) Body responsible for mediation procedures
High Court of England and Wales
Royal Courts of Justice, The Strand
London
WC1A 2LL
Country
United Kingdom
six.4.4) Service from which information about the review procedure may be obtained
Cabinet Office
70 Whitehall
London
SW1A 2AS
Country
United Kingdom