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Published 1 Feb 2021, 22:56 GMT

Official UK procurement notice

Power Purchase Agreement for Off-site Renewable Electricity

Official notice

Authority: City of London Corporation (Local council)

GoodsCompetitive dialogue
Sectors: Petroleum products, fuel, electricity and other sources of energy (09) Delivery: UK
Awarded value£40,000,000published contract · exc. VAT
Awarded 26 Jan 2021
Awarded to South Farm Solar Limited

What is being bought

Published requirement 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.

CPV: Electricity

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: UK

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 30Price: 140
Published sub-criteria (3)
  • Technical: 30
  • Commercial: 70
  • Net Present Value: 70
Published award criteria (3)
  • Technical: 30
  • Commercial: 70
  • Net Present Value: 70
What this means for your bid
  • Price carries 140 of 170 points: a 10% discount moves about 14 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive dialogue
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Goods
Notice status
Awarded
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
1 Feb 2021, 22:56 GMT
Last source update
1 Feb 2021, 22:56 GMT
Authority reference
18/299/FS
FTS notice number
2021/S 000-002012
Classification (CPV)
Electricity
Delivery area
UK
Official registry OCID
ocds-h6vhtk-028f32 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £40,000,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 26 Jan 2021
Awarded toValueDateStatus
South Farm Solar Limited£40,000,000 †—Awarded

Contracts

  • Power Purchase Agreement for Off-site Renewable Electricity · South Farm Solar Limited

    Signed
    26 Jan 2021
    Value
    £40,000,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids———

Contracting authority & participating public bodies

City of London Corporation

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Guildhall, London, London, EC2P 2EJContact email, phone

Dispute resolution & review bodies

  • Cabinet OfficeReview contact point London
  • High Court of England and WalesMediation bodyReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.