Tender

Audit of Data Communications Company

OFGEM

This public procurement record has 1 release in its history.

Tender

16 Dec 2021 at 17:45

Summary of the contracting process

The procurement process titled "Audit of Data Communications Company" is being conducted by Ofgem, the Office of Gas and Electricity Markets, based in London, England. This open tender aims to select an independent auditor to assess the contract management and procurement activities of the Data Communications Company (DCC). The procurement process is currently in the Tender stage, with the submission deadline set for 18th February 2022. The resulting contract is expected to commence on 1st May 2022 and will run for four years, concluding on 30th April 2026. This procurement falls under the auditing services category.

This tender presents valuable opportunities for businesses specialising in auditing and compliance services, particularly small and medium-sized enterprises (SMEs). The scope of work includes evaluating DCC's commercial activities and providing annual assessments, which can lead to sustained contracts for the chosen vendor. Companies with expertise in regulatory audits and contract management processes would be well-suited to compete for this contract, as they can effectively deliver the required evaluations and reports outlined in Ofgem's specifications.

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Notice Title

Audit of Data Communications Company

Notice Description

Ofgem is seeking an independent auditor to annually assess the Data Communications Company's (DCC's) contract management and procurement activities.The DCC is the central communications body licensed to provide the communications, data transfer and management required to support smart metering. DCC was appointed using an outsourced service model, to manage contracted smart metering service providers. As such, external costs compose the largest proportion of DCC's costs, and it is critical that these contracts are entered into, managed and closed out effectively and efficiently. Each year, Ofgem scrutinises DCC's incurred and forecast costs through the annual Price Control process to determine whether these costs are economic and efficient. Alongside the cost assessment, DCC also faces financial incentives under the Operational Performance Regime (OPR).The audit will run on an annual cycle alongside Ofgem's annual price control process and is expected to have four main stages: evaluation, reporting, consultation and decision. The evaluation stage is expected to take six weeks, with the auditor producing an interim report for DCC to provide comment. In this stage, the auditor will need to assess DCC's commercial activity over the course of a Regulatory Year to provide a score and rationale against each supporting question against the NAO framework, covering contract management, procurement and re-procurement.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-608bc1ff-2f54-4da6-adde-0270fa393e9c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/595ccdb5-6064-4deb-9af3-0886d8d46d26
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

79212000 - Auditing services

Notice Value(s)

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

Notice Dates

Publication Date
16 Dec 20214 years ago
Submission Deadline
18 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Apr 2022 - 30 Apr 2026 4-5 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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland

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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