Award

Budget, Forecasting and Reporting Process Redesign Implementation

OFGEM

This public procurement record has 1 release in its history.

Award

08 Sep 2023 at 16:45

Award Notice
Summary of the contracting process

The contracting authority for this procurement process is Ofgem, located in London, England. The tender titled "Budget, Forecasting and Reporting Process Redesign Implementation" falls under the industry category of financial consultancy and services. The procurement stage is an award, with a total contract value of £115,847 GBP. The contract period runs from August 15, 2023, to December 14, 2023, with a tender submission deadline of January 1, 2023.

This tender presents an opportunity for businesses specializing in financial consultancy services to engage with Ofgem in enhancing and streamlining their financial processes. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate in this open procurement procedure. Grant Thornton UK LLP has been awarded the contract, so businesses with similar capabilities may find this tender suitable for future opportunities.

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Notice Information

Notice Title

Budget, Forecasting and Reporting Process Redesign Implementation

Notice Description

Ofgem requires support to enhance& streamline the end-to-end monthly allocation/financial process within Delivery & Schemes. This element is specifically to produce a model that supports a more automated solution to the existing process.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8e759876-fe6a-400e-8807-c872dae57598
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/17fbad48-d22a-43eb-8616-4527d7874351
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

CPV Codes

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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£115,847 £100K-£500K
Lots Value
Not specified
Awards Value
£115,847 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20232 years ago
Submission Deadline
1 Jan 2023Expired
Future Notice Date
Not specified
Award Date
10 Aug 20232 years ago
Contract Period
14 Aug 2023 - 14 Dec 2023 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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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