Award

Regulatory Finance Policy Workstream Lead Support

OFGEM

This public procurement record has 1 release in its history.

Award

09 Feb 2022 at 17:45

Award Notice
Summary of the contracting process

The procurement process, initiated by Ofgem, involves the procurement of "Regulatory Finance Policy Workstream Lead Support" valued at £130,000. This tender falls under the financial consultancy services category and is set within the energy sector. The contract spans from 17 January 2022 to 30 April 2022, following an open procurement method. The tender period concluded on 1 January 2022, with key activities and decisions occurring throughout early 2022 in London, United Kingdom.

This opportunity for business growth is particularly relevant for consultants specialising in financial services, energy management, and business consultancy. Companies that have experience in regulatory finance and a strong understanding of energy market frameworks would be well-positioned to compete for such contracts, potentially expanding their portfolio and client base in this crucial sector.

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Notice Information

Notice Title

Regulatory Finance Policy Workstream Lead Support

Notice Description

The policy workstream lead is to provide in-depth knowledge of the price controls process. The consultant will lead and provide authoritative advice and analysis on regulatory finance matters, particularly in the development of the cost of capital strategy for the ED2 price control, plus provide input into commercial and project finance activities that Ofgem regulates.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0a261987-1a7d-4530-afbf-99e41383a555
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c34cd063-57e6-4c0d-ae03-7b02b2d09fbb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

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

CPV Codes

66171000 - Financial consultancy services

71314000 - Energy and related services

71314200 - Energy-management services

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
£130,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20224 years ago
Submission Deadline
1 Jan 2022Expired
Future Notice Date
Not specified
Award Date
14 Jan 20224 years ago
Contract Period
17 Jan 2022 - 30 Apr 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Natasha Woollams
Contact Email
natasha.woollams@ofgem.gov.uk
Contact Phone
+44 2079017000

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

Supplier Information

Number of Suppliers
1
Supplier Name

MCC ECONOMICS

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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