Find a TenderAwarded without competitionContract details notice
Published 19 Nov 2025, 15:58 GMT

Official UK procurement notice

UK-ETS Auctions Services · UK public procurement notice

Official notice

Authority: Department for Energy Security & Net Zero (Central government)

Direct award
Awarded value£1,431,345published award · exc. VAT
Awarded 19 Nov 2025no call for competition
Awarded to ICE Futures Europe

What is being bought

Published requirement description

This Contract between the Buyer and the Supplier is for the supply of Deliverables, being the provision of an auction platform and related services for the UK Emissions Trading Scheme (‘UK ETS’) auction platform and related services.

Value of contract is determined by commissions paid to supplier by succesful auction participants.

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Direct award (no call for competition)
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
19 Nov 2025, 15:58 GMT
Last source update
22 Dec 2025, 22:53 GMT
FTS notice number
2025/S 000-085615
Latest notice
Contract details notice (UK7)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-05e4ae Find a Tender
Why no open competition
Single Suppliers Technical Reasons
Published justification

“The following conditions are met in relation to the public contract -

(a)due to an absence of competition for technical reasons, only a particular supplier can supply the goods, services or works

required, and

(b)there are no reasonable alternatives to those goods, services or works.”

How it was run

Official notice
Submission deadline
—

Timeline

28 Nov 2025 → 22 Dec 2025 · 2 dates
  1. Standstill ends322 days ago
    28 Nov 2025, 23:59 GMT
  2. Notice published298 days ago
    22 Dec 2025, 22:53 GMT

Notice history

4 events · 3 releases on Find a Tender · since 19 Nov 2025
  1. Transparency notice published
    19 Nov 2025, 15:58 GMT
    UK5
  2. Contract award notice published
    19 Nov 2025, 17:22 GMT
    UK6
  3. Contract signature expected
    29 Nov 2025, 23:59 GMT
    scheduled
  4. Contract details notice published
    22 Dec 2025, 22:53 GMT
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,431,3451 award exc. VAT
Contracts signed 1latest 29 Nov 2025
Awarded toValueDateStatus
ICE Futures EuropePROVISION OF THE UK EMISSIONS TRADING SCHEME AUCTION PLATFORM1 Jan 2026 – 31 Dec 2028 · up to 31 Dec 2030Extensions: The Buyer may extend the term of this Contract for one year on two separate occasions · Options: Extension options of 2 x 1 year with an additional value of £177,410 in addition to the existing maximum contract value£1,431,34519 Nov 2025Awarded

Contracts

  • PROVISION OF THE UK EMISSIONS TRADING SCHEME AUCTION PLATFORM · ICE Futures Europe

    Signed
    29 Nov 2025
    Value
    £1,431,345
    Period
    1 Jan 2026 – 31 Dec 2028 · up to 31 Dec 2030 with extensions
    Status
    active
    Extensions
    The Buyer may extend the term of this Contract for one year on two separate occasions
    Options
    Extension options of 2 x 1 year with an additional value of £177,410 in addition to the existing maximum contract value

    No agreed KPIs: Below £5m

Contracting authority & participating public bodies

Department for Energy Security & Net Zero

Contracting authorityPublic authority - central government GB-PPON: PDHQ-2163-WYMH 55 Whitehall, London, London, SW1A 2HPContact email

Bidders & participating suppliers

1 commercial party on the notice
  • ICE Futures EuropeAwarded supplierGB-COH: 01528617 2nd Floor, Sancroft Rose Street, Paternoster Square, London, London, EC4M 7DQContact email

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender