Procurement Countertrade Energy Services - 26/16015

About the bid

Assignment description

The Contracting Authority wants to establish a contract concerning services related to the procurement of energy in the intraday market for Energinet. The services will include: 1.Receiving the agreed countertrade volumes from the Customer 2.Netting of countertrade requests in case one adjacent TSO needs upward regulation and another adjacent TSO needs downward regulation in the same bidding zone (BZ).This both applies to netting of opposite directed unexpected and structural countertrade requests. 3.Procurement (buying and selling) of countertrade energy on the intraday market 4.Data logging, data submission, data reporting 5.Secure operation 6.Performance in a REMIT compliant setup 7.Backup support 24/7/365 8. Confirmation of traded and netted energy The tendered contract has a duration of eight (8) years and an estimated value of EUR 10,000,000 over the full contract term. For further details regarding the purchase, references are made to the tender documents.Main features of the procedureThe tenders submitted must be valid for a period of 6 months from the specified time limit for the submission of tenders. If the tenderer during the negotiation phase, prepares and submits revised tenders, such tenders must also be valid for the period of 6 months from the specified time limit for these revised tenders.

Contact information

Contact name

Kirsten Ebstrup

Contact phone

70102244

Contact email

procurement@energinet.dk

Address

Tonne Kjærsvej 65, 7000 Fredericia

• Price

  30%

  Description

  Documentation concerning Price includes Appendix 3.1 – Price list. Prices must be stated in Appendix 3.1 – Price List and the defined price elements must be completed herein. Prices must be stated exclusive of VAT but inclusive of all other expenses associated with the purchase. Prices must be stated in EUR. When evaluating 'Price', the Contracting Authority will evaluate The Total Evaluation Technical Price, cf. Appendix 3.1 – Price list.

• Quality of the Trading Service

  55%

  Description

  For the purpose of the evaluation of this sub-criterion, the tenderer shall submit: 1. A completed Appendix 2 – Requirements. 2. A completed Appendix 5 – Service Description, containing a detailed description of the proposed service delivery in the relevant sections of Appendix 5. 3. A preliminary version of Appendix 6 – REMIT Compliance Handbook, describing the tenderer’s envisaged REMIT compliance set-up for the services where Contracting Authority’s BRP is used. Requirements marked “R” are regular requirements that may be fulfilled by the Supplier and will be evaluated accordingly. The evaluation of the sub-criterion “Quality of the Trading Service” will be based on an overall assessment of the tenderer’s completed requirement matrices and the descriptions submitted in Appendix 5 and Appendix 6. The evaluation will assess the extent to which the tenderer demonstrates a robust, effective and operationally mature service delivery that fulfils the regular requirements in Appendix 2. In the overall assessment, Contracting Authority will in particular place emphasis on: * Data handling and settlement, including the quality, reliability and traceability of data exchange, trade logging, settlement documentation, and performance reporting. (Appendix 2, chapter 2 and 4, and Appendix 5, Section 2, 4 and 5). * Trading strategy and continuous optimisation, including the tenderer’s approach to achieving the best possible trading price within the applicable regulatory framework and the specified minimum and maximum prices, while seeking to trade the requested volumes. This includes the proposed use, monitoring and adjustment of trading algorithms, if applicable. (Appendix 2, chapter 3, and Appendix 5, section 3). * REMIT compliance, including the quality and completeness of the tenderer’s proposed REMIT compliance set-up, covering governance and compliance resources, algorithm development and operation where applicable, REMIT reporting, audit and transparency, and the allocation and handling of Contracting Authority’s REMIT-related obligations. (Appendix 6). A high score will be awarded where the tenderer provides descriptions that are specific, coherent, credible and adapted to Contracting Authority’s service and operational context, and which demonstrate a high degree of fulfilment of the regular requirements as part of the tenderer’s standard solution. A tender must receive at least 4 points for the qualitative sub-criteria, “Quality of the Trading Service”. Otherwise, the tender will not be considered for award.

• Implementation and Delivery

  10%

  Description

  For the evaluation of the sub-criterion “Implementation and Delivery”, the tenderer shall submit a completed Appendix 7 – Implementation and Timelines, including a detailed time schedule for the Clarification Phase and a draft detailed time schedule for the Implementation Phase. The proposed schedules shall reflect the relevant governance and reporting requirements in Appendix 4 – Governance and Reporting. When evaluating the sub-criterion “Implementation and Delivery”, The evaluation will be based on the tenderer’s completed Appendix 7 – Implementation and Timelines, including the detailed time schedule for the Clarification Phase and the draft detailed time schedule for the Implementation Phase. Appendix 4 – Governance and Reporting shall be reflected in the proposed schedules. The Contracting Authority will evaluate the extent to which the proposed implementation approach and schedules: 1. are realistic, coherent and robust, meaning that they demonstrate a credible and proportionate ability to maintain the mandatory milestones and Operational Start Date in the event of reasonably foreseeable disruptions, including through identified contingency measures, sufficient resources, clear allocation of responsibilities, escalation procedures and recovery actions; 2. identify and manage critical activities, dependencies, risks and required deliveries from the Customer; 3. provide a credible approach to testing, approval, quality assurance and transition to operations; and 4. incorporate appropriate governance, reporting and meeting structures in accordance with Appendix 4. An overall evaluation will be made of the sub-criterion. A high score will be awarded where the tenderer provides clear, realistic and robust schedules that demonstrate a high degree of fulfilment of the evaluation elements set out above. This includes clear planning and management of critical activities and dependencies, realistic resource planning, and appropriate measures to manage risks and delays. A tender must receive at least 4 points for the qualitative sub-criteria,“Implementation and Delivery”. Otherwise, the tender will not be considered for award.

• IT-security

  5%

  Description

  For the evaluation of the sub-criterion “IT-security”, the tenderer shall submit a completed Appendix 2.2 – Cyber Security Requirements. The evaluation will be based on the tenderer’s completed Appendix 2.2 – Cyber security requirements. Energinet will assess the extent to which the tenderer demonstrates a robust and operationally mature cyber security set-up, including governance, risk management, technical and organisational security measures, and incident management. A high score will be awarded where the tenderer demonstrates a high degree of fulfilment of the R-requirements in Appendix 2.2-– Cyber Security Requirements. A tender must receive at least 4 points for the qualitative sub-criteria, “IT-security”. Otherwise, the tender will not be considered for award.

• Minimum equity

  Description

  Equity from the latest annual report must, at the time of prequalification, be at least 1.25 mio. EUR.

  Documentation Requirement

  The applicant must confirm the economic ability in the ESPD part IV.B with information from the latest annual report regarding equity (total equity incl. share capital, reserves, revaluation, retained earning etc.). If the applicant relies on the capacities of other entities or the applicant is a group of economic operators the information for the ESPD part IV.B must also be given in a separate ESPD from each of these entities.

• Minimum equity ratio

  Description

  Equity ratio from the latest annual report must, at the time of prequalification, be at least 20 pct.

  Documentation Requirement

  The applicant must confirm the economic ability in the ESPD part IV.B with information from the latest annual report regarding the equity ratio (equity/total assets), stated with two decimals. If the applicant relies on the capacities of other entities or the applicant is a group of economic operators the information for the ESPD part IV.B must also be given in a separate ESPD from each of these entities.

• Reference projects

  Description

  It is a minimum requirement that the applicant has prior experience with procurement of energy on a power exchange.

  Documentation Requirement

  The ability will be assessed based on references which can be filled in ESPD part IV.C. The applicant is allowed to submit up to 2 most comparable and relevant references undertaken in the past 3 years as part of the application. The references should describe [insert overall description of the purchase], and include: A specific description of the work performed for each reference, including: Contract value (if possible), Contact information for the entity in question (including contact person), Date of initiation and final delivery (day, month, year). If the applicant is relying on the capacity of other entities or the applicant is a group of economic operators the maximum number of references to be submitted must still be respected and cannot exceed 2 when combined. If the applicant relies on other entities capacity or is part of a group of economic operators the information concerning ESPD part IV.C must be submitted in separate ESPD’s for each entity.

See the full notice