Tender

2024-102 Board Effectiveness Review

OFGEM

This public procurement record has 1 release in its history.

Tender

31 Jul 2024 at 16:45

Tender Notice
Summary of the contracting process

Ofgem is seeking proposals for a "2024-102 Board Effectiveness Review" under an open procedure procurement method. The tender, classified under Performance Review Services (CPV 79313000) and other related consultancy services, involves conducting an external review of the board's effectiveness and providing feedback and advice on improving its practices. The procurement stage is currently active, with the tender period ending on 20th August 2024 at 12:00 PM BST. The contract is expected to run from 2nd September 2024 to 2nd January 2025 and will be delivered in London, United Kingdom. The process is designed to welcome participation from small and medium-sized enterprises (SMEs). Key contact for this procurement is Christine Kennedy at Ofgem.

This tender represents a significant opportunity for businesses specialising in corporate governance, performance reviews, and consultancy services to expand their clientele and enhance their portfolio. As the requirements include providing expert feedback and guidance on board effectiveness, firms with expertise in business analysis, development consultancy, and related services would be well-suited to compete. Winning this contract could open doors to further engagements with Ofgem and other government arms-length bodies, providing substantial growth potential for qualified businesses.

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Notice Information

Notice Title

2024-102 Board Effectiveness Review

Notice Description

Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies. Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including: a) Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and b) Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e77e54a-75dc-4839-9dd4-e20724f472be
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

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

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

CPV Codes

72221000 - Business analysis consultancy services

79313000 - Performance review services

79400000 - Business and management consultancy and related services

79411100 - Business development consultancy services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20241 years ago
Submission Deadline
20 Aug 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2024 - 2 Jan 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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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