Official UK procurement notice
Purchase of UK Allowances (UKA's) in accordance with the UK Emissions Trading Scheme
Authority: University of Strathclyde (Education)
What is being bought
Published requirement descriptionThe University of Strathclyde is currently undertaking a market scoping exercise, under Regulation 41 of the Public Contracts (Scotland) Regulations 2015, to understand levels of interest in working with the University to establish a contract for services relating to the trading of UKAs and relevant market intelligence in relation to the UK Emissions Trading Scheme.
The University of Strathclyde is an Operator of a stationary installation within the UK-ETS and has a requirement to purchase approximately 20,000 UKAs. The University has received no free allowances in the 2021 to 2025 allocation period.
CPV: Custom broker services · Energy and related services · Energy-efficiency consultancy services · Energy-management services
The lotProcurement structure
single lot · no lot value publishedLot #1This Contract will include, but will not be limited to:Planned
This Contract will include, but will not be limited to:
- Purchases of allowances at auctions on behalf of the University.
- Incorporating a hedging strategy on behalf of the university to limit exposure to high prices of allowances.
- Holding and transfer of allowances from an authorised UK-ETS trading registry account to the University’s Operator Holding Account (OHA).
- Providing market insights and intelligence and price forecasts at agreed intervals at no extra cost to the University.
- Running market orders.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Past planning notice
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 12 Nov 2021, 11:45 GMT
- Last source update
- 12 Nov 2021, 11:45 GMT
- Authority reference
UOS-22170-2021- FTS notice number
2021/S 000-028325- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02f612Find a Tender
Publisher note: The University is currently undertaking a market scoping exercise, under Regulation 41 of the Public Contract (Scotland) Regulations 2015, to understand levels of interest in working with the University to establish a contract for services relating to the trading of UKAs and relevant market intelligence in relation to the UK Emissions Trading Scheme. Parties noting interest may be contacted by the University and may be required to provide additional information to allow validation of their ability to deliver the requirements of this notice. Such information is considered as market consultation and may be used to prepare the procurement activity. Please note, if the University chooses to engage the market further in relation to this market engagement exercise, the University will only engage with organisations that have registered an interest in the PIN by 12 noon 22nd November 2021. NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=673669. (SC Ref:673669)
How it was run
Official notice- Submission deadline
- —
Timeline
12 Nov 2021 → 6 Dec 2021 · 2 dates- Notice published12 Nov 2021, 11:45 GMT
- Tender notice expected6 Dec 2021
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.