Energy Trading and Risk Management (ETRM) System

Crown Commercial Service

Published: Oct 7, 2025

Updated: Jun 15, 2026

Source: uk_contracts_finder

This tender has been awarded

Awarded to A list of successful suppliers can be found in the attachments a — £738,571

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About This Opportunity

United Kingdom contract award (energy & power): Energy Trading and Risk Management (ETRM) System. By Crown Commercial Service. Awarded to A list of successful.

This is a supplies contract in the energy and power, information and communication technology and finance and banking sectors, with a focus on Oil Gas, Enterprise Systems and Financial Regulation. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 738,571.

Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the energy and power sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

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.

Additional 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).. CPV: Software package and information systems (48000000). Procedure: Open procedure (below threshold). Suitable for SMEs. Suitable for VCSEs

Data provenance

This notice is sourced from UK Contracts Finder and was originally published on October 7, 2025. Last refreshed 8 days ago. Reference: RM6385. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Crown Commercial Service

Crown Commercial Service has issued 210 procurement notices on BidsFactory, including 17 currently open and 169 awarded contracts. Activity concentrates in Information & Communication Technology, Education & Training, and Construction & Civil Works. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: May 27, 2026.

Frequently asked questions about this tender

How much was the contract awarded for?

A list of successful suppliers can be found in the attachments a was awarded the contract for £738,571. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference RM6385 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to A list of successful suppliers can be found in the attachments a. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Crown Commercial Service in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Supplies contract in the Energy & Power sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.