Award

Access Rights Options for SQE and REMA Work

OFGEM

This public procurement record has 1 release in its history.

Award

26 Feb 2024 at 17:45

Award Notice
Summary of the contracting process

The procurement process for the contract titled "Access Rights Options for SQE and REMA Work" has been completed by Ofgem, a UK-based organisation. This contract falls under the financial consultancy services category and has a total value of £250,000. The procurement method used was an open procedure, with a tender period ending on 1st January 2024 and a contract period from 19th February 2024 to 31st March 2025. The contract was awarded to Cambridge Economic Policy Associates Limited (CEPA).

This tender opportunity offers potential growth possibilities for businesses specializing in financial consultancy and business analysis services. Small and medium-sized enterprises (SMEs) in the UK and beyond, who can fulfil the requirements outlined by Ofgem, are well-suited to compete for this contract. The successful bidder will support Ofgem in testing policy options, understanding market interactions, and assessing access options as part of the REMA programme.

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Notice Information

Notice Title

Access Rights Options for SQE and REMA Work

Notice Description

Ofgem is working alongside the Government in Phase 2 of Review of Electricity Market Arrangements (REMA) programme. As part of Ofgem's remit, Ofgem is developing policy options regarding access rights and charging. Those proposed policy options/reforms will feed into broader packages of national market and zonal market reforms. Support from a supplier is required to: * Test and expand Ofgem's initial thinking regarding some policy options; * Help Ofgem understand how those options interact with an existing and potential future set of market arrangements and policies/potential reforms; and * Assess the access options considering the interactions between different policies based on pre-agreed criteria (REMA criteria).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c409b64-788a-44cf-9740-ec09fc1f9a55
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/670af1c3-24d0-47ca-9958-bd9a39bd7623
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
Not specified

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

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 20241 years ago
Submission Deadline
1 Jan 2024Expired
Future Notice Date
Not specified
Award Date
16 Feb 20242 years ago
Contract Period
19 Feb 2024 - 31 Mar 2025 1-2 years
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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

CAMBRIDGE ECONOMIC POLICY ASSOCIATES LIMITED (CEPA

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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