Firms would not bid to provide electricity due to 'extreme volatility' in prices
An earlier tender competition had also failed after only one company expressed an interest in supplying power to a range of state agencies.
THE government body responsible for arranging power supply for state agencies could not even get companies to bid to provide electricity because of “extreme volatility” in energy prices last year.
The Office of Government Procurement (OGP) tried to run a second tender competition, even making changes to the contract to encourage a “more positive market response”, but could still find nobody willing to make an offer.
