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Approval to procure the Council’s electricity supply contract via an ESPO framework contract.
Decision type: Key
Reason Key: Expenditure > £300,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 20/08/2020
Decision due: Before 5 Oct 2020 by Executive Councillor for Transformation
Contact: Will Barfield, Asset Manager Email: will.barfield@cambridge.gov.uk.
Background Information: There is a requirement to re-procure the Council’s electricity supply contract from 1st of October 2020. Spending on electricity is around £780,000 per year (estimated £3.1m over the life of the contract) so this is a key decision requiring approval from the Executive Councillor. Energy prices fluctuate and have been impacted by the coronavirus outbreak. ESPO report prices are currently at a low level. It is likely, although not certain, that electricity prices will increase this year. It is therefore recommended that this procurement decision is made as an out of cycle decision rather than wait until strategy and Resources Scrutiny Committee on 5th October 2020.
