Tendering & Procurement
Industrial & Commercial (I&C) supply options
Fixed
The supplier takes all the risks and calls the shots (best suited to budgets below £250k per annum)
Flexible
The customer assumes most of the risk and calls most of the shots (best suited to budgets over £1 million per annum)
Dynamic
The customer enjoys the privileges of Flexible, but with the budget surety of Fixed (best suited to budgets between £250k to £1 million per annum)
Why subject yourself to time constraint? It makes sense to commit to a protracted “trading window” of 6 to 18 months prior to contract expiry – that way, you’ll not be compelled to accept prevailing prices at the last minute. Instead, you’ll enjoy the relative luxury of establishing a well-worked risk-profile whilst assessing the impact of both summer and winter price conditioning across your portfolio.
Give yourself time – don’t make it too easy for suppliers and energy brokers to create that sense of urgency and panic upon which they all too frequently rely.
The tendering process can be broken down into 4 main stages:
- We formulate the RFP (request for proposal) comprising the contract type, Ts & Cs, sites, and meter profile data enabling suppliers to respond with an offer.
- When the time is right, we release your RFP to a panel of market-leading suppliers specialising in Industrial & Commercial agreements.
- We collect, evaluate, and rank tender responses. Thereafter, where possible, we renegotiate the best offers to arrive at a frontrunner.
- We propose the winning supplier, execute paperwork review, close the deal, and oversee the transfer (or renewal) of supply.
ICD have the collaborative account management experience, supplier relationships, flexible frameworks, proven processes, market insight, understanding of the sustainability impacts of supply contract styles as well as the dedicated expertise to oversee your tendering / procurement / risk-management needs from end-to-end.
We’re happy to put together comprehensive, provisional analysis without obligation.
