{ "uri": "https://www.find-tender.service.gov.uk/api/1.0/ocdsRecordPackages/ocds-h6vhtk-02e0c5", "publisher": { "name": "Cabinet Office", "scheme": "GB-GOR", "uid": "D2", "uri": "https://www.gov.uk/government/organisations/cabinet-office" }, "publishedDate": "2026-08-14T11:45:15+01:00", "license": "http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/", "publicationPolicy": "https://www.gov.uk/government/publications/open-contracting", "version": "1.1", "extensions": [ "https://standard.open-contracting.org/profiles/eu/latest/en/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_amendment_rationale_classifications_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_budget_breakdown_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_contract_completion_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_documentation_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_pagination_extension/master/extension.json", "https://raw.githubusercontent.com/open-contracting-extensions/ocds_suitability_extension/master/extension.json", "https://raw.githubusercontent.com/portaledcahn/ocds_Links_extension/main/extension.json", "https://raw.githubusercontent.com/cabinetoffice/ocds_uk_extension/main/extension.json" ], "packages": [ "https://www.find-tender.service.gov.uk/api/1.0/ocdsRecordPackages/ocds-h6vhtk-02e0c5" ], "records": [ { "ocid": "ocds-h6vhtk-02e0c5", "releases": [ { "ocid": "ocds-h6vhtk-02e0c5", "id": "022871-2021", "date": "2021-09-14T18:38:02+01:00", "tag": [ "planning" ], "description": "YPO are purchasing on behalf of other contracting authorities. Please see the below link for details: https://www.ypo.co.uk/about/customers/ojeu-permissible-users.aspx.\nYPO will incorporate a standstill period at the point of notification of the award of the contract is provided to all bidders. The standstill period will be for a minimum of 10 calendar days and provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contract Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).", "initiationType": "tender", "tender": { "id": "001100", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "planned", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "description": "YPO are looking to appoint a single supplier for the supply of electricity and ancillary services to our public sector customer base. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list.", "value": { "amount": 1000000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "YPO are looking to appoint a single supplier for the supply of electricity and ancillary services to our public sector customer base. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list.\nThe portfolio is expected to be around 1 Terawatt of electricity across over 17,000 MPANs, this includes a combination of non-half hourly (NHH), half hourly (HH) and unmetered (UMS) supplies. YPO must be able to run their own trading strategies through flexible purchasing, however will also require access to fixed quotations from time to time.\nThe ancillary services will include Power Purchase Agreements (PPA), Feasibility Studies, demand side response and other items which support our customers in achieving net zero.\nYPO reserves the right to not commit to advertising this tender if we do so wish. Any information provided by suppliers prior to any advertising of the tender will not be used to determine the outcome of any processes.\nThe reason for this PIN is to engage with suppliers within this market area to ensure the route to market that is put together meets our customers’ needs and requirements. This is notice is to undertake supplier engagement only. Information is being sought without prejudice and without commitment. Nothing in this PIN shall obliged YPO to proceed with this framework and YPO shall be entitled to revise its service requirements or decide not to proceed at all. Should YPO wish to proceed further a formal procurement process will be followed in accordance with YPO's contract procedure rules and in line with the Public Contract Regulations 2015.\nIf you are interested in this opportunity, please email daniel.veasey@ypo.co.uk by the 7th October 2021.", "hasRenewal": true, "renewal": { "description": "There is a possibility that this Framework will be subject to renewal after 3.5 years from the commencement date." }, "status": "planned" } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "1" } ], "communication": { "futureNoticeDate": "2022-01-05T00:00:00Z" }, "coveredBy": [ "GPA" ] }, "parties": [ { "name": "YPO", "id": "GB-FTS-1118", "identifier": { "legalName": "YPO" }, "address": { "streetAddress": "41 Industrial Park", "locality": "Wakefield", "region": "UKE45", "postalCode": "WF2 0XE", "countryName": "United Kingdom" }, "contactPoint": { "name": "Mr Daniel Veasey", "telephone": "+44 07552320300", "email": "daniel.veasey@ypo.co.uk" }, "roles": [ "buyer", "processContactPoint", "centralPurchasingBody" ], "details": { "url": "http://www.ypo.co.uk/", "buyerProfile": "https://procontract.due-north.com/register?ReadForm", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] }, "additionalContactPoints": [ { "name": "Daniel Veasey", "telephone": "+44 07552320300", "email": "daniel.veasey@ypo.co.uk" } ] } ], "buyer": { "id": "GB-FTS-1118", "name": "YPO" }, "language": "en" }, { "ocid": "ocds-h6vhtk-02e0c5", "id": "005299-2022", "date": "2022-03-28T13:10:06+01:00", "tag": [ "tender" ], "description": "YPO are purchasing on the behalf of other contracting authorities. Please see the below link\nfor details: https://www.ypo.co.uk/about/customers/permissible-users .\nYPO will incorporate a standstill period at the point of notification of the award of the contract\nis provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and\nprovides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).", "initiationType": "tender", "tender": { "id": "001100", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "active", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "description": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO’s permissible users. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will enter into an electricity supply agreement with the Supplier and the Supplier will supply electricity, as well as any ancillary services that the customer requires, direct to the end customer. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list.", "value": { "amount": 2600000000, "currency": "GBP" }, "lots": [ { "id": "1", "description": "The Framework Agreement shall cover the supply of Electricity, as well as the provision of related ancillary products and services. These ancillary products and services may include but are not limited to the following listed below. Please note that the Supplier must be capable and be able to deliver the ones highlighted mandatory.\n•\tEnergy Storage\n•\tSolar- Design and Install\n•\tSmart Cities\n•\tDemand Side Response/ Demand Side Flexibility\n•\tHeat Pumps\n•\tIntelligent Metering\n•\tCarbon Offsetting\n•\tFeasibility Studies\n•\tConsultancy\n•\tAutomated Meter Reading (AMR) Metering Services (Mandatory Requirement)\n•\tElectric Vehicle Charging Points\n•\tMeter Operator (MOP) Metering Services (Mandatory Requirement)\n•\tData Aggregation (DA) and Data Collection (DC) Services (Mandatory Requirement)\n•\tPower Purchase Agreements (PPA’s) (Mandatory Requirement)\n•\tCarbon Reduction Reporting\n•\tEnergy Management Tools\n•\tEnergy Efficiency Surveys\n•\tDisplay energy certificates\n•\tOnline Energy Management Portal\nAny potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list.", "awardCriteria": { "criteria": [ { "name": "Trading Support", "type": "quality", "description": "10%" }, { "name": "Social Value/Sustainability", "type": "quality", "description": "20%" }, { "name": "Customer Onboarding, Exiting and Billing", "type": "quality", "description": "15%" }, { "name": "Customer Service, Customer Transition and Online Portal", "type": "quality", "description": "25%" }, { "name": "Cost", "type": "cost", "description": "30%" } ] }, "contractPeriod": { "startDate": "2023-04-01T00:00:00+01:00", "endDate": "2031-03-31T23:59:59+01:00" }, "hasRenewal": true, "renewal": { "description": "There is a possibility that this framework will be subject to renewal after 6.5 years from the commencement date." }, "submissionTerms": { "variantPolicy": "notAllowed" }, "hasOptions": true, "options": { "description": "The Framework Agreement will cover the period from 1st April 2023 to 31st March 2027 with two options to extend for an additional 24 months. The first decision to extend the contract period will be taken by January 2025 and will be dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 8 years, from 1st April 2023 to 31st March 2031 (subject to an annual review, incorporating management fee negotiations and KPI performance).\nThe justification for a 4+2+2 (possible 8 years in total) length Framework, is due to the complexity of the proposed Framework Agreement, taking account of the national procurement policy around tackling climate change and given the nature of the service/product, to ensure customers can gain the maximum benefits from using the Framework without compromising the potential for open competition in the wider market.\nWholesale electricity prices are currently at the highest ever and having a longer Framework, will allow for YPO to operate a much longer term purchasing strategy without the complexities of sleeving to another provider. A longer term purchasing strategy will mitigate risk for our customers and YPO will be able to provide them with longer term budget certainty in a volatile market.\nWe have also considered that the majority of our customer have declared climate emergencies and have net zero targets of 2030 and beyond and the UK Government itself has a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having a longer term partnership with an electricity Supplier in a framework format will support our customers on this journey, as one of the biggest contributors to carbon emissions is energy consumption. The collaborative approach with a Supplier for a longer period, will allow for support with reducing consumption/becoming more efficient, setting up effective power purchase agreements and potential for additional support on social value." }, "status": "active" } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, { "scheme": "CPV", "id": "31682000", "description": "Electricity supplies" }, { "scheme": "CPV", "id": "71314000", "description": "Energy and related services" } ], "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "1" } ], "submissionMethod": [ "electronicSubmission" ], "submissionMethodDetails": "https://procontract.due-north.com/register?ReadForm", "selectionCriteria": { "criteria": [ { "type": "suitability", "description": "Organisations must ensure that they are not in breach of any of the mandatory or discretionary exclusions contained in Regulation 57 of the Public Contracts Regulations 2015. Please refer to the Tender Documentation/ Online Tender located on our E-Procurement system. The web address can be found under ‘Procurement Documents’ in ‘Communication’ section in this notice.", "appliesTo": [ "supplier" ] }, { "type": "technical", "description": "The Supplier must at all times hold a valid electricity supply licence granted by OFGEM, and any other qualification as required by legislation throughout the duration of the Framework.", "appliesTo": [ "supplier" ] } ] }, "documents": [ { "documentType": "economicSelectionCriteria", "id": "economic" } ], "contractTerms": { "performanceTerms": "Please refer to the Framework Agreement Terms and Conditions located on our E-Procurement system. The web address can be found under Procurement Documents in ‘Communication’ Section in this notice." }, "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "techniques": { "hasFrameworkAgreement": true, "frameworkAgreement": { "maximumParticipants": 1, "periodRationale": "The justification for a 4+2+2 (possible 8 years in total) length Framework, is due to the complexity of the proposed Framework Agreement, taking account of the national procurement policy around tackling climate change and given the nature of the service/product, to ensure customers can gain the maximum benefits from using the Framework without compromising the potential for open competition in the wider market. Wholesale electricity prices are currently at the highest ever and having a longer Framework, will allow for YPO to operate a much longer term purchasing strategy without the complexities of sleeving to another provider. A longer term purchasing strategy will mitigate risk for our customers and YPO will be able to provide them with longer term budget certainty in a volatile market. We have also considered that the majority of our customer have declared climate emergencies and have net zero targets of 2030 and beyond and the UK Government itself has a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having a longer term partnership with an electricity Supplier in a framework format will support our customers on this journey, as one of the biggest contributors to carbon emissions is energy consumption. The collaborative approach with a Supplier for a longer period, will allow for support with reducing consumption/becoming more efficient, setting up effective power purchase agreements and potential for additional support on social value." } }, "coveredBy": [ "GPA" ], "tenderPeriod": { "endDate": "2022-04-04T12:00:00+01:00" }, "submissionTerms": { "languages": [ "en" ], "bidValidityPeriod": { "durationInDays": 90 } }, "awardPeriod": { "startDate": "2022-04-04T12:00:00+01:00" }, "bidOpening": { "date": "2022-04-04T12:00:00+01:00" }, "hasRecurrence": true, "recurrence": { "description": "There is a possibility that this framework will be subject to renewal after 6.5 years from the commencement date." } }, "parties": [ { "name": "YPO", "id": "GB-FTS-1118", "identifier": { "legalName": "YPO" }, "address": { "streetAddress": "41 Industrial Park", "locality": "Wakefield", "region": "UKE45", "postalCode": "WF2 0XE", "countryName": "United Kingdom" }, "contactPoint": { "name": "Contracts Team", "telephone": "+44 1924664685", "email": "contracts@ypo.co.uk", "url": "https://procontract.due-north.com/register?ReadForm" }, "roles": [ "buyer", "centralPurchasingBody" ], "details": { "url": "http://www.ypo.co.uk/", "buyerProfile": "https://procontract.due-north.com/register?ReadForm", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "name": "High Court of England and Wales", "id": "GB-FTS-136", "identifier": { "legalName": "High Court of England and Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-1118", "name": "YPO" }, "language": "en" }, { "ocid": "ocds-h6vhtk-02e0c5", "id": "008279-2022", "date": "2022-03-28T13:10:06+01:00", "tag": [ "tenderUpdate" ], "initiationType": "tender", "tender": { "id": "DN568011", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "description": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO’s permissible users. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will enter into an electricity supply agreement with the Supplier and the Supplier will supply electricity, as well as any ancillary services that the customer requires, direct to the end customer. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list", "amendments": [ { "id": "1", "unstructuredChanges": [ { "oldValue": { "date": "2022-04-04T12:00:00+01:00" }, "newValue": { "date": "2022-04-06T12:00:00+01:00" }, "where": { "section": "IV.2.2" } }, { "oldValue": { "date": "2022-04-06T12:00:00+01:00" }, "newValue": { "date": "2022-04-06T12:00:00+01:00" }, "where": { "section": "IV.2.7" } } ] } ] }, "parties": [ { "name": "YPO", "id": "GB-FTS-1118", "identifier": { "legalName": "YPO" }, "address": { "streetAddress": "41 Industrial Park", "locality": "Wakefield", "region": "UK", "postalCode": "WF2 0XE", "countryName": "United Kingdom" }, "contactPoint": { "name": "Contracts Team", "telephone": "+44 01924664685", "email": "contracts@ypo.co.uk" }, "roles": [ "buyer" ], "details": { "url": "http://www.ypo.co.uk/", "buyerProfile": "http://www.ypo.co.uk/" } } ], "buyer": { "id": "GB-FTS-1118", "name": "YPO" }, "language": "en" }, { "ocid": "ocds-h6vhtk-02e0c5", "id": "016142-2022", "date": "2022-06-13T13:34:15+01:00", "tag": [ "award", "contract" ], "description": "YPO are purchasing on the behalf of other contracting authorities. Please see the below link\nfor details: https://www.ypo.co.uk/about/customers/permissible-users .\nYPO will incorporate a standstill period at the point of notification of the award of the\ncontract\nis provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and\nprovides time for unsuccessful tenderers to challenge the award decision before the\ncontract is entered into. The Public Contracts Regulations 2015 provide for aggrieved\nparties who have been harmed or are at risk of harm by a breach of the rules to take action in\nthe High Court (England, Wales and Northern Ireland).", "initiationType": "tender", "tender": { "id": "001100", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "complete", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "description": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply\nof electricity, as well as related ancillary services, primarily for use in the local authority\nsector, education sector, emergency services sector and any of YPO’s permissible users.\nThis Framework is designed to meet the needs of both YPO and Other Contracting\nAuthorities by establishing an agreement where the end customer will enter into an\nelectricity supply agreement with the Supplier and the Supplier will supply electricity, as well\nas any ancillary services that the customer requires, direct to the end customer. Any\npotential tenderers must have a commercial supply licence and listed on the OFGEM", "lots": [ { "id": "1", "description": "The Framework Agreement shall cover the supply of Electricity, as well as the provision of\nrelated ancillary products and services. These ancillary products and services may include\nbut are not limited to the following listed below. Please note that the Supplier must be\ncapable and be able to deliver the ones highlighted mandatory.\n• Energy Storage\n• Solar- Design and Install\n• Smart Cities\n• Demand Side Response/ Demand Side Flexibility\n• Heat Pumps\n• Intelligent Metering\n• Carbon Offsetting\n• Feasibility Studies\n• Consultancy\n• Automated Meter Reading (AMR) Metering Services (Mandatory Requirement)\n• Electric Vehicle Charging Points\n• Meter Operator (MOP) Metering Services (Mandatory Requirement)\n• Data Aggregation (DA) and Data Collection (DC) Services (Mandatory Requirement)\n• Power Purchase Agreements (PPA’s) (Mandatory Requirement)\n• Carbon Reduction Reporting\n• Energy Management Tools\n• Energy Efficiency Surveys\n• Display energy certificates\n• Online Energy Management Portal\nAny potential tenderers must have a commercial supply licence and listed on the OFGEM\napproved supplier list.", "awardCriteria": { "criteria": [ { "name": "Trading Support", "type": "quality", "description": "10%" }, { "name": "Social Value/Sustainability", "type": "quality", "description": "20%" }, { "name": "Customer Onboarding, Exiting and Billing", "type": "quality", "description": "15%" }, { "name": "Customer Service, Customer Transition and Online Portal", "type": "quality", "description": "25%" }, { "type": "price", "description": "30%" } ] }, "hasOptions": true, "options": { "description": "The Framework Agreement will cover the period from 1st April 2023 to 31st March 2027 with\ntwo options to extend for an additional 24 months. The first decision to extend the contract\nperiod will be taken by January 2025 and will be dependent on satisfactory completion of all\naspects of the contract to date, the current market conditions for this category and YPO’s\ncontracting structures. The maximum contract period will therefore be 8 years, from 1st April\n2023 to 31st March 2031 (subject to an annual review, incorporating management fee\nnegotiations and KPI performance).\nThe justification for a 4+2+2 (possible 8 years in total) length Framework, is due to the\ncomplexity of the proposed Framework Agreement, taking account of the national\nprocurement policy around tackling climate change and given the nature of the\nservice/product, to ensure customers can gain the maximum benefits from using the\nFramework without compromising the potential for open competition in the wider market.\nWholesale electricity prices are currently at the highest ever and having a longer Framework,\nwill allow for YPO to operate a much longer term purchasing strategy without the\ncomplexities of sleeving to another provider. A longer term purchasing strategy will mitigate\nrisk for our customers and YPO will be able to provide them with longer term budget\ncertainty in a volatile market.\nWe have also considered that the majority of our customer have declared climate\nemergencies and have net zero targets of 2030 and beyond and the UK Government itself\nhas a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having\na longer term partnership with an electricity Supplier in a framework format will support our\ncustomers on this journey, as one of the biggest contributors to carbon emissions is energy\nconsumption. The collaborative approach with a Supplier for a longer period, will allow for\nsupport with reducing consumption/becoming more efficient, setting up effective power\npurchase agreements and potential for additional support on social value." }, "status": "cancelled" } ], "items": [ { "id": "1", "additionalClassifications": [ { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, { "scheme": "CPV", "id": "31682000", "description": "Electricity supplies" }, { "scheme": "CPV", "id": "71314000", "description": "Energy and related services" } ], "deliveryAddresses": [ { "region": "UK" } ], "relatedLot": "1" } ], "procurementMethod": "open", "procurementMethodDetails": "Open procedure", "techniques": { "hasFrameworkAgreement": true }, "coveredBy": [ "GPA" ] }, "awards": [ { "id": "016142-2022-1-1", "relatedLots": [ "1" ], "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "active", "suppliers": [ { "id": "GB-FTS-55259", "name": "Npower Commercial Gas Limited" } ] } ], "parties": [ { "name": "YPO", "id": "GB-FTS-1118", "identifier": { "legalName": "YPO" }, "address": { "streetAddress": "41 Industrial Park", "locality": "Wakefield", "region": "UKE45", "postalCode": "WF2 0XE", "countryName": "United Kingdom" }, "contactPoint": { "name": "Contracts Team", "telephone": "+44 1924885903", "email": "contracts@ypo.co.uk" }, "roles": [ "buyer", "centralPurchasingBody" ], "details": { "url": "http://www.ypo.co.uk/", "buyerProfile": "http://www.ypo.co.uk/", "classifications": [ { "scheme": "TED_CA_TYPE", "id": "BODY_PUBLIC", "description": "Body governed by public law" }, { "scheme": "COFOG", "id": "01", "description": "General public services" } ] } }, { "name": "Npower Commercial Gas Limited", "id": "GB-FTS-55259", "identifier": { "legalName": "Npower Commercial Gas Limited" }, "address": { "locality": "Coventry", "region": "UKG33", "countryName": "United Kingdom" }, "roles": [ "supplier" ], "details": { "scale": "large" } }, { "name": "High Court of England and Wales", "id": "GB-FTS-136", "identifier": { "legalName": "High Court of England and Wales" }, "address": { "locality": "London", "countryName": "United Kingdom" }, "roles": [ "reviewBody" ] } ], "buyer": { "id": "GB-FTS-1118", "name": "YPO" }, "contracts": [ { "id": "016142-2022-1-1", "awardID": "016142-2022-1-1", "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "active", "value": { "amount": 2600000000, "currency": "GBP" }, "dateSigned": "2022-05-26T00:00:00+01:00" } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 4 } ] }, "language": "en" }, { "ocid": "ocds-h6vhtk-02e0c5", "id": "030443-2026", "date": "2026-04-01T14:59:01+01:00", "tag": [ "awardUpdate", "contractUpdate" ], "initiationType": "tender", "tender": { "id": "001100", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "lots": [ { "id": "1", "description": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO's permissible users. 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Please see the below link\nfor details: https://www.ypo.co.uk/about/customers/permissible-users .\nYPO will incorporate a standstill period at the point of notification of the award of the\ncontract\nis provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and\nprovides time for unsuccessful tenderers to challenge the award decision before the\ncontract is entered into. The Public Contracts Regulations 2015 provide for aggrieved\nparties who have been harmed or are at risk of harm by a breach of the rules to take action in\nthe High Court (England, Wales and Northern Ireland).", "initiationType": "tender", "tender": { "id": "001100", "legalBasis": { "id": "32014L0024", "scheme": "CELEX" }, "title": "YPO - 001100 Supply of Electricity and Ancillary Services", "status": "complete", "classification": { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, "mainProcurementCategory": "goods", "description": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply\nof electricity, as well as related ancillary services, primarily for use in the local authority\nsector, education sector, emergency services sector and any of YPO’s permissible users.\nThis Framework is designed to meet the needs of both YPO and Other Contracting\nAuthorities by establishing an agreement where the end customer will enter into an\nelectricity supply agreement with the Supplier and the Supplier will supply electricity, as well\nas any ancillary services that the customer requires, direct to the end customer. 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Consequently, the modification also includes refined metering prices which has been introduced as a result of those legal and regulatory changes.", "rationale": "Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: Amendments to the call-off terms and conditions have become necessary due to significant changes in law specific to the energy market which were introduced post-award, as well as changes in the regulatory framework, including ancillary amendments which were required to reflect subsequent changes in processes and procedures, including metering" } ] } ], "bids": { "statistics": [ { "id": "1", "measure": "bids", "relatedLot": "1", "value": 4 } ] } }, "versionedRelease": { "ocid": "ocds-h6vhtk-02e0c5", "description": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "YPO are purchasing on behalf of other contracting authorities. Please see the below link for details: https://www.ypo.co.uk/about/customers/ojeu-permissible-users.aspx.\nYPO will incorporate a standstill period at the point of notification of the award of the contract is provided to all bidders. The standstill period will be for a minimum of 10 calendar days and provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contract Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland)." }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "YPO are purchasing on the behalf of other contracting authorities. Please see the below link\nfor details: https://www.ypo.co.uk/about/customers/permissible-users .\nYPO will incorporate a standstill period at the point of notification of the award of the contract\nis provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and\nprovides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland)." }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "YPO are purchasing on the behalf of other contracting authorities. Please see the below link\nfor details: https://www.ypo.co.uk/about/customers/permissible-users .\nYPO will incorporate a standstill period at the point of notification of the award of the\ncontract\nis provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and\nprovides time for unsuccessful tenderers to challenge the award decision before the\ncontract is entered into. The Public Contracts Regulations 2015 provide for aggrieved\nparties who have been harmed or are at risk of harm by a breach of the rules to take action in\nthe High Court (England, Wales and Northern Ireland)." } ], "initiationType": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "tender" } ], "tender": { "id": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "001100" }, { "releaseID": "008279-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tenderUpdate" ], "value": "DN568011" }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "001100" } ], "legalBasis": { "id": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "32014L0024" } ], "scheme": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "CELEX" } ] }, "title": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "YPO - 001100 Supply of Electricity and Ancillary Services" } ], "status": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "planned" }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "active" }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "complete" } ], "classification": { "scheme": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "CPV" } ], "id": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "09310000" } ], "description": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "Electricity" } ] }, "mainProcurementCategory": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "goods" } ], "description": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "YPO are looking to appoint a single supplier for the supply of electricity and ancillary services to our public sector customer base. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list." }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO’s permissible users. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will enter into an electricity supply agreement with the Supplier and the Supplier will supply electricity, as well as any ancillary services that the customer requires, direct to the end customer. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list." }, { "releaseID": "008279-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tenderUpdate" ], "value": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO’s permissible users. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will enter into an electricity supply agreement with the Supplier and the Supplier will supply electricity, as well as any ancillary services that the customer requires, direct to the end customer. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list" }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply\nof electricity, as well as related ancillary services, primarily for use in the local authority\nsector, education sector, emergency services sector and any of YPO’s permissible users.\nThis Framework is designed to meet the needs of both YPO and Other Contracting\nAuthorities by establishing an agreement where the end customer will enter into an\nelectricity supply agreement with the Supplier and the Supplier will supply electricity, as well\nas any ancillary services that the customer requires, direct to the end customer. Any\npotential tenderers must have a commercial supply licence and listed on the OFGEM" } ], "value": { "amount": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": 1000000000 }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": 2600000000 } ], "currency": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "GBP" } ] }, "lots": [ { "id": "1", "description": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "YPO are looking to appoint a single supplier for the supply of electricity and ancillary services to our public sector customer base. Any potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list.\nThe portfolio is expected to be around 1 Terawatt of electricity across over 17,000 MPANs, this includes a combination of non-half hourly (NHH), half hourly (HH) and unmetered (UMS) supplies. YPO must be able to run their own trading strategies through flexible purchasing, however will also require access to fixed quotations from time to time.\nThe ancillary services will include Power Purchase Agreements (PPA), Feasibility Studies, demand side response and other items which support our customers in achieving net zero.\nYPO reserves the right to not commit to advertising this tender if we do so wish. Any information provided by suppliers prior to any advertising of the tender will not be used to determine the outcome of any processes.\nThe reason for this PIN is to engage with suppliers within this market area to ensure the route to market that is put together meets our customers’ needs and requirements. This is notice is to undertake supplier engagement only. Information is being sought without prejudice and without commitment. Nothing in this PIN shall obliged YPO to proceed with this framework and YPO shall be entitled to revise its service requirements or decide not to proceed at all. Should YPO wish to proceed further a formal procurement process will be followed in accordance with YPO's contract procedure rules and in line with the Public Contract Regulations 2015.\nIf you are interested in this opportunity, please email daniel.veasey@ypo.co.uk by the 7th October 2021." }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "The Framework Agreement shall cover the supply of Electricity, as well as the provision of related ancillary products and services. These ancillary products and services may include but are not limited to the following listed below. Please note that the Supplier must be capable and be able to deliver the ones highlighted mandatory.\n•\tEnergy Storage\n•\tSolar- Design and Install\n•\tSmart Cities\n•\tDemand Side Response/ Demand Side Flexibility\n•\tHeat Pumps\n•\tIntelligent Metering\n•\tCarbon Offsetting\n•\tFeasibility Studies\n•\tConsultancy\n•\tAutomated Meter Reading (AMR) Metering Services (Mandatory Requirement)\n•\tElectric Vehicle Charging Points\n•\tMeter Operator (MOP) Metering Services (Mandatory Requirement)\n•\tData Aggregation (DA) and Data Collection (DC) Services (Mandatory Requirement)\n•\tPower Purchase Agreements (PPA’s) (Mandatory Requirement)\n•\tCarbon Reduction Reporting\n•\tEnergy Management Tools\n•\tEnergy Efficiency Surveys\n•\tDisplay energy certificates\n•\tOnline Energy Management Portal\nAny potential tenderers must have a commercial supply licence and listed on the OFGEM approved supplier list." }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "The Framework Agreement shall cover the supply of Electricity, as well as the provision of\nrelated ancillary products and services. These ancillary products and services may include\nbut are not limited to the following listed below. Please note that the Supplier must be\ncapable and be able to deliver the ones highlighted mandatory.\n• Energy Storage\n• Solar- Design and Install\n• Smart Cities\n• Demand Side Response/ Demand Side Flexibility\n• Heat Pumps\n• Intelligent Metering\n• Carbon Offsetting\n• Feasibility Studies\n• Consultancy\n• Automated Meter Reading (AMR) Metering Services (Mandatory Requirement)\n• Electric Vehicle Charging Points\n• Meter Operator (MOP) Metering Services (Mandatory Requirement)\n• Data Aggregation (DA) and Data Collection (DC) Services (Mandatory Requirement)\n• Power Purchase Agreements (PPA’s) (Mandatory Requirement)\n• Carbon Reduction Reporting\n• Energy Management Tools\n• Energy Efficiency Surveys\n• Display energy certificates\n• Online Energy Management Portal\nAny potential tenderers must have a commercial supply licence and listed on the OFGEM\napproved supplier list." }, { "releaseID": "030443-2026", "releaseDate": "2026-04-01T14:59:01+01:00", "releaseTag": [ "awardUpdate", "contractUpdate" ], "value": "YPO are looking for a Supplier to be appointed onto a Framework Agreement for the supply of electricity, as well as related ancillary services, primarily for use in the local authority sector, education sector, emergency services sector and any of YPO's permissible users. This Framework is designed to meet the needs of both YPO and Other Contracting Authorities by establishing an agreement where the end customer will enter into an electricity supply agreement with the Supplier and the Supplier will supply electricity, as well as any ancillary services that the customer requires, direct to the end customer. Any potential tenderers must have a commercial supply licence and listed on the OFGEM." } ], "hasRenewal": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": true } ], "renewal": { "description": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "There is a possibility that this Framework will be subject to renewal after 3.5 years from the commencement date." }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "There is a possibility that this framework will be subject to renewal after 6.5 years from the commencement date." } ] }, "status": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "planned" }, { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "active" }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "cancelled" } ], "awardCriteria": { "criteria": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": [ { "name": "Trading Support", "type": "quality", "description": "10%" }, { "name": "Social Value/Sustainability", "type": "quality", "description": "20%" }, { "name": "Customer Onboarding, Exiting and Billing", "type": "quality", "description": "15%" }, { "name": "Customer Service, Customer Transition and Online Portal", "type": "quality", "description": "25%" }, { "name": "Cost", "type": "cost", "description": "30%" } ] }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": [ { "name": "Trading Support", "type": "quality", "description": "10%" }, { "name": "Social Value/Sustainability", "type": "quality", "description": "20%" }, { "name": "Customer Onboarding, Exiting and Billing", "type": "quality", "description": "15%" }, { "name": "Customer Service, Customer Transition and Online Portal", "type": "quality", "description": "25%" }, { "type": "price", "description": "30%" } ] } ] }, "contractPeriod": { "startDate": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "2023-04-01T00:00:00+01:00" } ], "endDate": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "2031-03-31T23:59:59+01:00" } ], "durationInDays": [ { "releaseID": "030443-2026", "releaseDate": "2026-04-01T14:59:01+01:00", "releaseTag": [ "awardUpdate", "contractUpdate" ], "value": 2880 } ] }, "submissionTerms": { "variantPolicy": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "notAllowed" } ] }, "hasOptions": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": true } ], "options": { "description": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "The Framework Agreement will cover the period from 1st April 2023 to 31st March 2027 with two options to extend for an additional 24 months. The first decision to extend the contract period will be taken by January 2025 and will be dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 8 years, from 1st April 2023 to 31st March 2031 (subject to an annual review, incorporating management fee negotiations and KPI performance).\nThe justification for a 4+2+2 (possible 8 years in total) length Framework, is due to the complexity of the proposed Framework Agreement, taking account of the national procurement policy around tackling climate change and given the nature of the service/product, to ensure customers can gain the maximum benefits from using the Framework without compromising the potential for open competition in the wider market.\nWholesale electricity prices are currently at the highest ever and having a longer Framework, will allow for YPO to operate a much longer term purchasing strategy without the complexities of sleeving to another provider. A longer term purchasing strategy will mitigate risk for our customers and YPO will be able to provide them with longer term budget certainty in a volatile market.\nWe have also considered that the majority of our customer have declared climate emergencies and have net zero targets of 2030 and beyond and the UK Government itself has a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having a longer term partnership with an electricity Supplier in a framework format will support our customers on this journey, as one of the biggest contributors to carbon emissions is energy consumption. The collaborative approach with a Supplier for a longer period, will allow for support with reducing consumption/becoming more efficient, setting up effective power purchase agreements and potential for additional support on social value." }, { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "The Framework Agreement will cover the period from 1st April 2023 to 31st March 2027 with\ntwo options to extend for an additional 24 months. The first decision to extend the contract\nperiod will be taken by January 2025 and will be dependent on satisfactory completion of all\naspects of the contract to date, the current market conditions for this category and YPO’s\ncontracting structures. The maximum contract period will therefore be 8 years, from 1st April\n2023 to 31st March 2031 (subject to an annual review, incorporating management fee\nnegotiations and KPI performance).\nThe justification for a 4+2+2 (possible 8 years in total) length Framework, is due to the\ncomplexity of the proposed Framework Agreement, taking account of the national\nprocurement policy around tackling climate change and given the nature of the\nservice/product, to ensure customers can gain the maximum benefits from using the\nFramework without compromising the potential for open competition in the wider market.\nWholesale electricity prices are currently at the highest ever and having a longer Framework,\nwill allow for YPO to operate a much longer term purchasing strategy without the\ncomplexities of sleeving to another provider. A longer term purchasing strategy will mitigate\nrisk for our customers and YPO will be able to provide them with longer term budget\ncertainty in a volatile market.\nWe have also considered that the majority of our customer have declared climate\nemergencies and have net zero targets of 2030 and beyond and the UK Government itself\nhas a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having\na longer term partnership with an electricity Supplier in a framework format will support our\ncustomers on this journey, as one of the biggest contributors to carbon emissions is energy\nconsumption. The collaborative approach with a Supplier for a longer period, will allow for\nsupport with reducing consumption/becoming more efficient, setting up effective power\npurchase agreements and potential for additional support on social value." } ] } } ], "items": [ { "id": "1", "deliveryAddresses": [ { "region": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "UK" } ] }, { "region": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "UK" } ] }, { "region": [ { "releaseID": "016142-2022", "releaseDate": "2022-06-13T13:34:15+01:00", "releaseTag": [ "award", "contract" ], "value": "UK" } ] }, { "region": [ { "releaseID": "030443-2026", "releaseDate": "2026-04-01T14:59:01+01:00", "releaseTag": [ "awardUpdate", "contractUpdate" ], "value": "UK" } ] }, { "region": [ { "releaseID": "077618-2026", "releaseDate": "2026-08-14T11:45:15+01:00", "releaseTag": [ "awardUpdate", "contractUpdate" ], "value": "UK" } ] } ], "relatedLot": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "1" } ], "additionalClassifications": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": [ { "scheme": "CPV", "id": "09310000", "description": "Electricity" }, { "scheme": "CPV", "id": "31682000", "description": "Electricity supplies" }, { "scheme": "CPV", "id": "71314000", "description": "Energy and related services" } ] } ] } ], "communication": { "futureNoticeDate": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": "2022-01-05T00:00:00Z" } ] }, "coveredBy": [ { "releaseID": "022871-2021", "releaseDate": "2021-09-14T18:38:02+01:00", "releaseTag": [ "planning" ], "value": [ "GPA" ] } ], "submissionMethod": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": [ "electronicSubmission" ] } ], "submissionMethodDetails": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": "https://procontract.due-north.com/register?ReadForm" } ], "selectionCriteria": { "criteria": [ { "releaseID": "005299-2022", "releaseDate": "2022-03-28T13:10:06+01:00", "releaseTag": [ "tender" ], "value": [ { "type": "suitability", "description": "Organisations must ensure that they are not in breach of any of the mandatory or discretionary exclusions contained in Regulation 57 of the Public Contracts Regulations 2015. 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Wholesale electricity prices are currently at the highest ever and having a longer Framework, will allow for YPO to operate a much longer term purchasing strategy without the complexities of sleeving to another provider. A longer term purchasing strategy will mitigate risk for our customers and YPO will be able to provide them with longer term budget certainty in a volatile market. We have also considered that the majority of our customer have declared climate emergencies and have net zero targets of 2030 and beyond and the UK Government itself has a legally-binding target to reduce greenhouse gas emissions to net zero by 2050. Having a longer term partnership with an electricity Supplier in a framework format will support our customers on this journey, as one of the biggest contributors to carbon emissions is energy consumption. 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