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Contract notice – utilities
Section I: Contracting entity
Section II: Object
Purchase of electricity for grid losses in the period 01-01-2023 to 31- 12-2024 - Radius
The tender is regarding a Contract for Purchase of electricity for grid losses in Radius. According to Forsyningsvirksomhedsdirektivet 2014/25/EF from 26. February 2014, section 23, the tender is not subject to tender, as the purchase concerns delivery of electricity to an ordering party who is subject to Forsyningsvirksomhedsdirektivet section 9, clause 1. The estimated quantity of grid losses is 300 GWh . The contract period is one year (2023).
Section III: Legal, economic, financial and technical information
Only offers from tenderers who qualify the followings suitability requirements will be accepted by Radius as valid offers:
a. Tenderer must have an equity in most recent financial year of minimum DKK 20 mio.
b. Tenderer must have a rating of higher than “normal” according to Experias KOB-rating scale or higher than “A” in Bisnodes AAA-rating mode.
c. Tenderer must not, in the most recent 2 connecting financial years, have a financial deficit - unless the company’s positive equity in the most recent financial year as a minimum comprises 2 times the most recent financial years deficit. The equity is to be corrected if there are any qualifications in the auditor endorsement.
d Tenderes lastest annual financial report must timely available and be auditet by certified accoundant,
and must not have any auditor's endorsement with any reservations or any additional information regarding conditions, for example regarding reservation for carrying on its business as a going concern, that the accountant can not confirm the stated revenue, expenses or assets, illegal shareholder loans, overdue tax/VAT or similar, which significantly will increase the company’s risk of not fulfilling it’s obligations in time.
Tenderers must be able to document compliance to the requirements in clause a) c) and d) at the lastest published annual financial report, if public publication of the annual report is a regulatory requirement in the area where the tenderer is located.
Documentation of requirement in clause b) is acquired solely by the ordering party.
Section IV: Procedure
Section VI: Complementary information
The Danish Utility Regulator have in § 22 in Executive Order No. 950, 22 June 2022 concerning network losses the oversight regarding the compliance with the Executive Order. In this regard The Danish Utility Regulator can issue an order to comply with the provisions of the Executive Order.
Furthermore complaints regarding Cerius’ compliance with Executive Order No. 950, 22 June 2022 concerning network losses can be brought before the general courts in Denmark. Further information about the general courts in Denmark can be found at www.domstol.dk.