Source: https://tendernation.io/opportunities/01a13d0d-d70f-7044-a5da-9b8ef593beb6/energy-trading-and-risk-management-etrm-system

awarded GB open procedure Suitable for SMEs

# Energy Trading and Risk Management (ETRM) System

[Crown Commercial Service](https://tendernation.io/buyers/crown-commercial-service)

Estimated value

£738,571

Published

11 Nov 2024

Deadline

Closed

10 Dec 2024

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

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 Â£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 classification

Software package and information systems

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/b33e6070-7288-473f-b444-e23c614b0e5b)

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