Tender

Independent Academic Advisor for RIIO-GD2

OFGEM

This public procurement record has 1 release in its history.

Tender

18 Oct 2018 at 16:45

Summary of the contracting process

The procurement process involves Ofgem, the regulatory authority for the electricity and gas markets in Great Britain, seeking to appoint an Independent Academic Advisor to assist in developing their RIIO-GD2 cost assessment methodology. This tender, titled "Independent Academic Advisor for RIIO-GD2", falls under the services category, specifically within economic impact assessment and energy-related services. The procurement method is an open procedure, with submissions due by 26 October 2018. The contract is anticipated to commence on 9 November 2018 and continue until 29 March 2019, with an estimated value of £10,000.

This tender presents an excellent opportunity for businesses specialising in economic assessment, energy consultancy, and financial advisory services to secure a contract with a significant regulatory body. Companies with robust capabilities in econometrics, benchmarking, and technical training are particularly well-suited to compete. The relatively short duration of the contract and the open procurement method encourage small and medium-sized enterprises (SMEs) to participate, potentially leading to future engagements in energy cost management and regulatory compliance.

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Notice Title

Independent Academic Advisor for RIIO-GD2

Notice Description

The RIIO GD team are seeking to appoint an academic adviser to support us as we develop our approach to RIIO-GD2 cost assessment. The independent academic advisor should have - strong econometric and benchmarking skills, - experience applying these skills to help determine (or challenge) price control allowances of regulated companies, - proven ability to provide training and guidance / mentoring of individuals in these areas, - ability to communicate complex technical issues clearly and simply, and - (ideally) familiarity with the RIIO framework. The precise scope of work will develop as our work does and is likely to be no more than 10 days work over 5 months.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-102073b3-6459-455e-a979-9037813fcbef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c4c14eec-4124-408e-9225-6530c4e5f155
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
Awardee Scale
Not specified

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

79311410 - Economic impact assessment

Notice Value(s)

Tender Value
£10,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20187 years ago
Submission Deadline
26 Oct 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Nov 2018 - 29 Mar 2019 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

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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