CfD Settlement Services Platform - Market Engagement

LCCC is conducting a Preliminary Market Engagement to explore supplier capabilities for a potential future Contract for Difference (CfD) settlement services platform. This is an early-stage consultation to gather market insights, not a formal tender. Interested suppliers are invited to provide feedback on available solutions and delivery models. Key Service Areas: - Data collection and validation - Settlement calculations and reconciliation - Billing and payment processing - Reporting and auditability - System integration and service management Why Now: LCCC is planning for mid-term settlement service arrangements to support its growing CfD portfolio, increasing data and transaction volumes, and the need for secure, efficient, and well-controlled operations. What This Means for Suppliers: Participation provides early visibility of a potential future opportunity and a chance to influence requirements development. Your input on market capability, innovations, risks, and delivery options will directly inform LCCC's future procurement strategy—without committing either party to any fixed solution or subsequent procurement. For more information and to respond, visit the eSourcing portal.