Public utilities

Tender description

Supply of gas and electricity to NHS Property Services Ltd (NHSPS). NHSPS maintains a preference for flexible contracts with bespoke supply agreements that suit its appetite for risk. Supply of half-hourly and non-half hourly electricity to metered supply points owned by NHS Property Services Ltd. Flexible purchasing strategy employing both buys and sells on a forward and prompt basis, indicatively with the option for a cash out approach. The preferred risk management strategy to be agreed following tender evaluation but the contract should enable the option for a provisional price to be communicated to the customer ahead of consumption, followed by a cash reconciliation payment (annual or monthly) where purchasing continues into the delivery period (price within period). Supply of mains gas to metered supply points owned by NHS Property Services Ltd. Flexible purchasing strategy employing both buys and sells on a forward and prompt basis, indicatively with the option for a cash out approach. The preferred risk management strategy to be agreed following tender evaluation but the contract should enable the option for a provisional price to be communicated to the customer ahead of consumption, followed by a cash reconciliation payment (annual or monthly) where purchasing continues into the delivery period (price within period).