Purpose

This report seeks approval to opt into the new
iteration of the NEPO302 Gas Framework and award a contract to the
sole supplier on this single lot framework.
 
The Framework Agreement includes NEPO trading
gas on a fully flexible basis from the wholesale market and the
subsequent supply of gas to the NEPO Portfolio. It includes a Meter
Asset Manager service and subsequent Automatic Meter Reading
services, as well as provisions for assisting Contracting
Authorities to reduce gas consumption and support their energy
efficiency aims.
 
The contract duration will commence on 1 April
2026 for a period of 72 months until 31 March 2032.