Tender

2021-105 FOR IMPACT ASSESSMENTS TO LIMIT CREDIT BALANCES AT RISK OF MUTUALISATION

OFGEM

This public procurement record has 1 release in its history.

Tender

16 Aug 2021 at 16:45

Summary of the contracting process

The procurement process is being conducted by Ofgem for the contract titled "2021-105 FOR IMPACT ASSESSMENTS TO LIMIT CREDIT BALANCES AT RISK OF MUTUALISATION". This contract falls under the financial consultancy services category and is based in London and the South East of the United Kingdom. The procurement, which is currently in the Tender stage, is open to bids until 31 August 2021 at 12:00. The estimated contract value is £70,000, with a minimum value of £50,000. The service is expected to commence on 22 September 2021 and conclude by 17 December 2021, following an open procurement method that is below the specified financial threshold.

This tender presents an excellent opportunity for businesses specialising in economic impact assessments and financial consultancy services to engage with a prominent buyer in the energy sector. Small and medium-sized enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) are particularly well-placed to compete, as the purchasing authority encourages participation from these entities. Companies with expertise in economic research, risk assessment, and consultancy are likely to find this tender aligns well with their service offerings, providing a pathway for business growth and collaboration with Ofgem.

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Notice Title

2021-105 FOR IMPACT ASSESSMENTS TO LIMIT CREDIT BALANCES AT RISK OF MUTUALISATION

Notice Description

This procurement is for economic support for reducing credit balance mutualisation impact assessment.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0935fb15-6235-4ee5-bc6b-70f5a3012dee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3621d0b7-a594-488e-9985-b0baf4483c55
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66171000 - Financial consultancy services

79311400 - Economic research services

79311410 - Economic impact assessment

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Aug 20214 years ago
Submission Deadline
31 Aug 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
21 Sep 2021 - 17 Dec 2021 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London, TLJ South East (England)

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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