Energy Trading and Risk Management (ETRM) System

A Modification Notice
by CROWN COMMERCIAL SERVICE

Source
Find a Tender
Type
Contract (Supply)
Duration
2 year
Value
£1M
Sector
TECHNOLOGY
Published
23 Sep 2025
Delivery
To 23 Sep 2027 (est.)
Deadline
n/a

Concepts

Location

Liverpool

Geochart for 2 buyers and 1 suppliers

Description

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.

Ammendments to Previous Notice

2. Contract value

GBP 1,300,000

Award Detail

1 See Contracts Finder Notice for Full Supplier List (Liverpool)
  • Reference: rm6385
  • Value: £1,300,000

CPV Codes

  • 48000000 - Software package and information systems

Indicators

  • Contract modified due to unforeseen circumstances.

Reference

Domains