Electricity and Gas Purchasing 2024 to 2028

November 30, 2023 Approved View on council website
Full council record
Content

RESOLVED that:
 

1)   
a contract be awarded to LASER via an Energy Flexible framework to
procure and manage the Council’s electricity and gas supplies
from 1 October 2024 to 30 September 2028 at an estimated maximum
contract value of £21.9m including LASER fees of
£534,300 (including RPI);
 

2)   
an agreement be entered into with Total Energies for the provision
of gas at an estimated maximum contract value of £4,640,169
via the LASER Energy Flexible Framework as the highest overall
scoring Providers;
 

3)   
authority for the decision on
electricity supply provider be delegated to the Executive Director
of Place, in consultation with the Portfolio Holder for Assets,
Commissioning and Waste and the Commissioning Governance Board.
This decision to be made following the framework call off at an
estimated contract value of £16,772,288;
 

4)   
the Council’s current purchasing
strategy of “Purchase in Advance” (PIA) be continued
prior to the start of a contract year to minimise financial risk
and budget uncertainty.

Supporting Documents

Electricity and Gas Purchasing 2024 to 2028.pdf

Details

OutcomeRecommendations Approved
Decision date30 Nov 2023