Contract

Energy Trading and Risk Management (ETRM) System

  • Crown Commercial Service

F20: Modification notice

Notice identifier: 2025/S 000-059032

Procurement identifier (OCID): ocds-h6vhtk-04b58b

Published 23 September 2025, 5:10pm



Section one: Contracting authority/entity

one.1) Name and addresses

Crown Commercial Service

The Capital, Old Hall Street

Liverpool

L3 9PP

Email

supplier@crowncommercial.gov.uk

Telephone

+44 345410222

Country

United Kingdom

Region code

UKD72 - Liverpool

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.gov.uk/government/organisations/crown-commercial-service


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Energy Trading and Risk Management (ETRM) System

Reference number

RM6385

two.1.2) Main CPV code

  • 48000000 - Software package and information systems

two.1.3) Type of contract

Supplies

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement at the time of conclusion of the contract:

The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to

manage the CCS energy portfolio for more than 1,200 customers across the Public Sector

with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk

Management system (ETRM) was used to record trade and demand forecasts, calculate

open positions and valuations based on market prices, and serves as Trading and Risk's '

single source of truth' for portfolio reporting and information. CCS was seeking to replace

its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf

ready to deploy software procurement, rather than a software development project. The

ETRM would support CCS's ability to provide its customers with risk managed products for

power and gas.

two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months

24


Section four. Procedure

four.2) Administrative information

four.2.1) Contract award notice concerning this contract

Notice number: 2025/S 000-010393


Section five. Award of contract/concession

Contract No

RM6385

five.2) Award of contract/concession

five.2.1) Date of conclusion of the contract/concession award decision:

12 September 2025

five.2.2) Information about tenders

The contract/concession has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor/concessionaire

See Contracts Finder Notice for full supplier list

Liverpool

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Justification for not providing organisation identifier

Not on any register

The contractor/concessionaire is an SME

No

five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)

Total value of the procurement: £1,300,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The Minister for the Cabinet Office acting through Crown Commercial Service

9th Floor, The Capital, Old Hall Street

Liverpool

L3 9PP

Country

United Kingdom


Section seven: Modifications to the contract/concession

seven.1) Description of the procurement after the modifications

seven.1.1) Main CPV code

  • 48000000 - Software package and information systems

seven.1.3) Place of performance

NUTS code
  • UK - United Kingdom

seven.1.4) Description of the procurement:

The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's ' single source of truth' for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.

seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months

24

seven.1.6) Information on value of the contract/lot/concession (excluding VAT)

Total value of the contract/lot/concession:

£1,300,000

seven.1.7) Name and address of the contractor/concessionaire

VuePoint Solutions Limited

Crescent House, Hopkinson Way

Andover

SP10 3SF

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Companies House

7213987

The contractor/concessionaire is an SME

No

seven.2) Information about modifications

seven.2.1) Description of the modifications

Nature and extent of the modifications (with indication of possible earlier changes to the contract):

Terminated pursuant to separate agreement between the parties.

seven.2.2) Reasons for modification

Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee.

Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:

Terminated pursuant to separate agreement between the parties.

seven.2.3) Increase in price

Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)

Value excluding VAT: £1,300,000

Total contract value after the modifications

Value excluding VAT: £1,300,000