Award

2022-129 Regulatory Finance Advice - FRC and RIIO price controls

OFGEM

This public procurement record has 1 release in its history.

Award

10 Nov 2022 at 17:45

Summary of the contracting process

The procurement process for the contract titled "2022-129 Regulatory Finance Advice - FRC and RIIO price controls" was conducted by Ofgem, a contracting authority based in London, England. The contract falls under the financial consultancy services industry category. The procurement method used was a selective process with a restricted procedure. The contract has a total value of £95,000 and has a tender period ending on January 1, 2022. The contract period spans from October 10, 2022, to March 31, 2023.

This tender opportunity created by Ofgem is suited for businesses offering financial management consultancy services. Small and medium-sized enterprises (SMEs) are particularly encouraged to bid for this contract. The contract provides the chance for businesses to provide technical financial advice and mentoring to support the Financial Resilience and Control workstream, focusing on RIIO-ED2 draft determination. Interested businesses should ensure compliance with the requirements outlined in the tender documentation to maximise their chances of success in the competitive procurement process.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

2022-129 Regulatory Finance Advice - FRC and RIIO price controls

Notice Description

Technical financial advice for the Financial Resilience and Control workstream to provide expert technical financial advice for RIIO-ED2 draft determination and provide advice and mentoring to existing Regulatory Team members.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-86494705-070d-4262-8438-38a39cb62922
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/43471945-b4c8-47f2-be18-9480cfdc46a0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66171000 - Financial consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£95,000 Under £100K
Lots Value
Not specified
Awards Value
£95,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Nov 20223 years ago
Submission Deadline
1 Jan 2022Expired
Future Notice Date
Not specified
Award Date
6 Oct 20223 years ago
Contract Period
9 Oct 2022 - 31 Mar 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

MUCKY WHEEL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-86494705-070d-4262-8438-38a39cb62922-2022-11-10T17:45:14Z",
    "date": "2022-11-10T17:45:14Z",
    "ocid": "ocds-b5fd17-86494705-070d-4262-8438-38a39cb62922",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MT227910",
        "title": "2022-129 Regulatory Finance Advice - FRC and RIIO price controls",
        "description": "Technical financial advice for the Financial Resilience and Control workstream to provide expert technical financial advice for RIIO-ED2 draft determination and provide advice and mentoring to existing Regulatory Team members.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "79412000",
                "description": "Financial management consultancy services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 95000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure",
        "tenderPeriod": {
            "endDate": "2022-01-01T00:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-10-10T00:00:00+01:00",
            "endDate": "2023-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-84321",
            "name": "Ofgem",
            "identifier": {
                "legalName": "Ofgem"
            },
            "address": {
                "streetAddress": "10 South Colonnade, Canary Wharf",
                "locality": "London",
                "postalCode": "E14 4PU",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Allan Weir",
                "email": "Allan.weir@Ofgem.gov.uk",
                "telephone": "+44 2079017000"
            },
            "details": {
                "url": "http://www.ofgem.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-SC576098",
            "name": "Mucky Wheel Limited",
            "identifier": {
                "legalName": "Mucky Wheel Limited",
                "scheme": "GB-COH",
                "id": "SC576098"
            },
            "address": {
                "streetAddress": "13 Gardenside Avenue, Uddingston,, , Glasgow"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-84321",
        "name": "Ofgem"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-86494705-070d-4262-8438-38a39cb62922-1",
            "status": "active",
            "date": "2022-10-07T00:00:00+01:00",
            "datePublished": "2022-11-10T17:45:14Z",
            "value": {
                "amount": 95000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-SC576098",
                    "name": "Mucky Wheel Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-10-10T00:00:00+01:00",
                "endDate": "2023-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/43471945-b4c8-47f2-be18-9480cfdc46a0",
                    "datePublished": "2022-11-10T17:45:14Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.",
                    "url": "https://www.mytenders.co.uk/search/show/search_view.aspx?ID=NOV165473"
                }
            ]
        }
    ]
}