Award

2021-186 Support for Working Capital Facility

OFGEM

This public procurement record has 1 release in its history.

Award

17 Dec 2021 at 17:45

Award Notice
Summary of the contracting process

The procurement process was conducted by Ofgem, a regulatory authority located at 10 South Colonnade, Canary Wharf, London. The tender, titled "2021-186 Support for Working Capital Facility," focused on financial consultancy services within the financial sector and was valued at £45,000. The procurement method used was an open procedure, and the contract was awarded on 17th December 2021. The contract period spans from 17th December 2021 to 16th March 2022, highlighting a crucial engagement for businesses looking at financial advisory services.

This tender presents opportunities for growth for businesses specialising in financial consultancy, business analysis, and management consultancy services. Small and medium-sized enterprises (SMEs) may find themselves particularly well-suited to compete, given the nature of the services required. Firms with expertise in reviewing regulatory frameworks and financial management are encouraged to engage, as well as those capable of delivering strategic advice in compliance with Ofgem's directives.

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Notice Information

Notice Title

2021-186 Support for Working Capital Facility

Notice Description

Support to review and comment on the proposed arrangements that Ofgem would like to put in place for the allocation of levy claims on customer bills.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b21de31-fdc1-4374-b5e8-300f8931d343
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/13fa90ba-68c1-43b2-95f1-59f307da51ce
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

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

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

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

72221000 - Business analysis consultancy services

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

79411000 - General management consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Dec 20214 years ago
Submission Deadline
1 Jan 2021Expired
Future Notice Date
Not specified
Award Date
17 Dec 20214 years ago
Contract Period
17 Dec 2021 - 16 Mar 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSE COOPERS LLP (PWC

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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