Award

Evaluation of RIIO-1 and RIIO-2 Innovation Funds

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 titled "Evaluation of RIIO-1 and RIIO-2 Innovation Funds" was conducted by Ofgem, located in London, United Kingdom. This project, awarded to Jacobs UK Limited for £48,500, focused on evaluating various innovation funds and their effectiveness. The contract period commenced on 4th January 2022 and concluded on 1st April 2022. The procurement method was an open procedure, and the industry category falls under financial consultancy services.

This tender presents an opportunity for businesses specialising in consultancy, particularly those with expertise in financial analysis, energy management, and project management services. Small and Medium-sized Enterprises (SMEs) would be well-suited to compete, leveraging their agility and specialised knowledge to meet the evaluation needs specified by Ofgem. Engaging in similar future tenders can help these businesses expand their client base and enhance their service offerings in the energy sector.

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Notice Information

Notice Title

Evaluation of RIIO-1 and RIIO-2 Innovation Funds

Notice Description

The Office for Research and Economics is conducting an evaluation of the RIIO-1 and RIIO-2 Innovation Funds. This requires a detailed look at how the Network Innovation Competition (NIC), the Network Innovation Allowance (NIA) and the Strategic Innovation Fund (SIF) have been working and whether they can be approved. Support is required to review innovation projects and assess the technical feasibilities addressing issues identified in supporting the analysis of benefits assessments and unpack assumptions made.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-37e48bcf-4c55-4b0d-b2e8-de9cb8229ec0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bb7fcb50-e250-47b4-b7da-e408ecefe743
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

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

CPV Codes

66171000 - Financial consultancy services

71314000 - Energy and related services

71314200 - Energy-management services

72224000 - Project management consultancy services

Notice Value(s)

Tender Value
£48,500 Under £100K
Lots Value
Not specified
Awards Value
£48,500 Under £100K
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
29 Dec 20214 years ago
Contract Period
4 Jan 2022 - 1 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

JACOBS

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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