Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Guy's and St Thomas' NHS Foundation Trust
Great Maze Pond
London
SE1 9RT
UK
Contact person: Eloise Böning
E-mail: eboning@ecovategroup.com
NUTS: UKI44
Internet address(es)
Main address: https://www.guysandstthomas.nhs.uk
Address of the buyer profile: https://www.guysandstthomas.nhs.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Health
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Procurement for St Thomas Energy Project - Energy as a Service (EaaS) Solution for GSTT
Reference number: 2025/S 000-005322
II.1.2) Main CPV code
71314000
II.1.3) Type of contract
Services
II.1.4) Short description
Guy’s and St Thomas’ NHS Foundation Trust sought a Strategic Energy Partner through a single-supplier Framework Agreement to support the modernisation of its estate, with St Thomas’ Hospital’s energy system identified as the initial anchor project to potentially call-off from the framework and the potential for future projects across the wider Trust.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
2 000 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
71314000
II.2.3) Place of performance
NUTS code:
UKI44
II.2.4) Description of the procurement
Guy’s and St Thomas’ NHS Foundation Trust sought a Strategic Energy Partner through a single-supplier Framework Agreement to support the modernisation of its estate, using an Energy as a Service (EaaS) delivery model, with St Thomas’ Hospital identified as the initial site for delivery, and the framework intended to support the potential development of future modernisation projects across the Trust, subject to separate approvals.<br/>The term of the Framework Agreement is eight (8) years. This duration reflects the nature and complexity of the works involved, which are expected to be delivered sequentially across multiple sites, and the economic and technical benefits associated with appointing a single provider to deliver a coordinated modernisation approach across the entire estate. Supplementary agreements and call-off contracts entered into under the Framework Agreement are proposed to have longer terms, potentially up to forty (40) years or longer, reflecting the long-term operational and financing characteristics of Energy as a Service arrangements.<br/>The Trust has awarded a Framework Agreement only. For the avoidance of doubt, execution of the framework agreement does not create any financial or contractual commitment for the Trust, nor does it give rise to any obligation to award call-offs or supplementary contracts. No liability is incurred by the Trust at this stage. Any future projects or commitments will be subject to separate governance, approval, and contracting processes.<br/>The estimated value stated in this notice represents the estimated maximum potential value of projects that may be delivered under the framework over its term and does not constitute a commitment by the Trust to spend this value, in whole or in part.<br/>Whilst the value of the Framework Agreement in this notice is £2Bn, this reflects the potential total value of all projects under call off contracts awarded under the Framework Agreement and the fact that other public sector organisations (as identified in this notice) may call off this Framework Agreement. The actual value of call off contracts awarded under the Framework Agreement will be significantly less than that value.<br/>By entering into the Framework Agreement (and subsequently the Strategic Partnering Agreement), the Authority is not obliged to make any payments to the successful contractor for any works or services and is not committed to enter into any call off contracts under the Framework Agreement. Any call off contracts entered into under the Framework Agreement will be on the basis that they represent value for money and offer a robust energy resilient solution for the future.<br/>The Framework Agreement may also be accessed by other contracting authorities, subject to the Trust’s prior approval. The contracting authorities entitled to call off the Framework Agreement, as identified in the contract notice, include:<br/>- Guy’s and St Thomas’ NHS Foundation Trust;<br/>- Lewisham and Greenwich NHS Trust;<br/>- King’s College Hospital NHS Foundation Trust;<br/>- South London and Maudsley NHS Foundation Trust;<br/>- Oxleas NHS Foundation Trust;<br/>- South East London Integrated Care Board (and its statutory successors);<br/>In addition, the Framework Agreement may be accessed by NHS Trusts, NHS Foundation Trusts and Integrated Care Boards within the South East London Integrated Care System, as well as the following public sector bodies and their statutory successors:<br/>- NHS England;<br/>- Care Quality Commission (CQC);<br/>- Health and Safety Executive (HSE);<br/>- London Boroughs of Lambeth, Southwark, Lewisham, Bexley, Bromley and Greenwich;<br/>- Mayor of London, London Assembly, Transport for London (TfL);<br/>- Mayor’s Office for Policing and Crime (MOPAC);<br/>- London Fire Commissioner;<br/>- City of London Corporation.<br/> <br/>The Framework Agreement has been awarded to Meridiam TURF I SAS supported by Dalkia Energy Services Ltd as delivery partner for the St Thomas Project, as the initial project identified for delivery under the Framework Agreement. Meridiam TURF I SAS will be responsible for the delivery of design, construction and asset operation and maintenance services under any call-off contracts awarded pursuant to the Framework Agreement.
II.2.5) Award criteria
Quality criterion: Total Qualitative Weighted Score
/ Weighting: 45
Quality criterion: Total Social Weighted Score
/ Weighting: 10
Price
/ Weighting:
45
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Competitive dialogue
IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2025/S 000-005322
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
02/07/2026
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Meridiam
4 Place de l'Opera
Paris
75002 Paris
FR
Telephone: +33 153349696
NUTS: FR101
Internet address(es)
URL: www.meridiam.com
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 2 000 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
The High Court
The Strand
London
WC2A 2LL
UK
VI.5) Date of dispatch of this notice
07/07/2026