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Tenfell
Awarded contract
Published 11 Sep 2023

Awarded Biofuel Price Data Contract

Department for Transport · London

Key facts

Contract value
£54,000
Awarded
10 Aug 2023
Contract starts
20 Aug 2023
Contract ends
20 Aug 2025
Procedure
Open procedure (above threshold)
Buyer type
Central government

Awarded to

SupplierValue
ARGUS MEDIA LIMITED£54,000

Description

The DfT purchased a subscription for transport fuels market price data (covering both fossil fuels, biofuels, and advanced fuels like sustainable aviation fuel (SAF). This data is required to support the management of the Renewable Transport Fuel Obligation (RTFO). The DfT needs transport fuel price data to inform its analysis of biofuels policies. Predominantly, price data is required as an input for calculating the annual cost of the RTFO which is reported to parliament and published on the Department's website.

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