Energy Trading and Risk Management (ETRM) System

A Contract Award Notice
by CROWN COMMERCIAL SERVICE

Source
Contracts Finder
Type
Contract (Products)
Duration
2 year
Value
£739K
Sector
TECHNOLOGY
Published
07 Oct 2025
Delivery
03 Nov 2025 to 02 Nov 2027
Deadline
10 Dec 2024 15:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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.

Award Detail

1 A List of Successful Suppliers Can Be Found in the Attachments A (None)
  • Value: £738,571

CPV Codes

  • 48000000 - Software package and information systems

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

Pursuant to termination detailed within the modification notice published on 24/09/2025, this contract is awarded to the supplier ranked second in RM6385 in replacement to ensure continuation of service. The Contract will be established for 24 months with the option for us to extend for 3 12 month periods (2+1+1+1). 2. Authorised Customer List.docx GWG T124-Contract Notice rights reserved for Crown Commercial Service Framework Agreement.docx RM6385 Successful Supplier Information v2.0.xlsx RM6385 Redacted Contract.zip

Reference

Domains