Tender

Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls.

OFGEM

This public procurement record has 1 release in its history.

Tender

26 Apr 2021 at 16:45

Summary of the contracting process

The procurement process is being conducted by Ofgem, the regulatory authority for the electricity and gas markets in Great Britain. The tender, titled "Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls," is classified under general management consultancy services (CPV code: 79411000). The process is currently in the Open procedure stage and is scheduled to close on 1st June 2021. The contract is expected to start on 26th July 2021 and will run until 25th January 2024, with services to be delivered in London, United Kingdom. The total value of the contract is £995,000.

This tender presents a significant opportunity for businesses in the consultancy and economic analysis sector, particularly those that provide services tailored to regulatory frameworks and price control mechanisms. Small and medium-sized enterprises (SMEs) would be well-suited to compete for this contract, given its provision for SME participation. The successful bidder will engage in providing technical advice and guidance throughout a critical implementation period, thereby fostering business growth through potential follow-on support and further consultancy opportunities following the initial project phase.

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Notice Title

Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls.

Notice Description

This tender is for a team of consultants to provide support throughout the preparation of the work for ED RIIO-2. Ofgem are looking for econometric and economic technical advice and guidance and input, leading up to the Final Determinations, implementation and as required. It is anticpated that for the first year post-implementation support will also be required for with any challenges that may arise.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-384819af-57eb-4a68-b032-bb87722f25f8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71a2a0c5-da80-4ab3-b62c-e274ce7f44bd
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
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£995,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20214 years ago
Submission Deadline
1 Jun 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
25 Jul 2021 - 25 Jan 2024 2-3 years
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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