Award

2023-003 Update of Ofgem's Distributional Framework Model and Archetypes

OFGEM

This public procurement record has 1 release in its history.

Award

11 Aug 2023 at 16:45

Summary of the contracting process

The procurement process awarded by Ofgem involves updating Ofgem's Distributional Framework Model and Archetypes. The contract falls under the services category and has a total value of £33,324 GBP. The tender was conducted through an open procedure, with the tender period closing on 1st January 2023. The contract period ranges from 27th March 2023 to 12th June 2023. The buying organisation, Ofgem, is located in London, England. The awarded contract was given to the Centre of Sustainable Energy.

This tender by Ofgem presents an opportunity for businesses providing market research, analysis services, and data analysis services to compete and potentially grow their business. Small and medium-sized enterprises (SMEs) are highlighted as suitable for this opportunity. Businesses interested in dynamic distributional modelling and incorporating consumer behaviour data in the energy sector would find this tender suitable for growth and expansion.

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Notice Title

2023-003 Update of Ofgem's Distributional Framework Model and Archetypes

Notice Description

Ofgem wanted to create a more dynamic distributional model and archetypes which is able to incorporate new information on consumer behaviour and characteristics as time goes on, rather than the current static model Ofgem has. Ofgem would like to implement price elasticity measures and the application of weights to the respective indicators to accentuate the importance of some of the variables which will in turn provide more accurate results. Ofgem needs the model to incorporate changes in energy consumption during the day factoring consumer demand and peak usage. Ofgem also wanted to incorporate locational postcode data if possible.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1fc777fe-d6c5-4618-970c-af73ad8429fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cb90462e-2468-4510-9a1f-a930eb69237d
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

38 - Laboratory, optical and precision equipments (excl. glasses)

71 - Architectural, construction, engineering and inspection services

72 - IT services: consulting, software development, Internet and support

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


CPV Codes

38432000 - Analysis apparatus

71620000 - Analysis services

72316000 - Data analysis services

79310000 - Market research services

Notice Value(s)

Tender Value
£33,324 Under £100K
Lots Value
Not specified
Awards Value
£33,324 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Aug 20232 years ago
Submission Deadline
1 Jan 2023Expired
Future Notice Date
Not specified
Award Date
24 Mar 20232 years ago
Contract Period
26 Mar 2023 - 12 Jun 2023 1-6 months
Recurrence
Not specified

Notice Status

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

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

Supplier Information

Number of Suppliers
1
Supplier Name

CENTRE OF SUSTAINABLE ENERGY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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