Award

CONSULTANCY SUPPORT FOR THE MARKET-WIDE HALF-HOURLY SETTLEMENT IMPLEMENTATION TIMETABLE

OFGEM

This public procurement record has 1 release in its history.

Award

08 Oct 2020 at 16:45

Award Notice
Summary of the contracting process

The procurement process involves Ofgem, a regulatory authority based in London, seeking consultancy support for the implementation timetable of Market-Wide Half-Hourly Settlement. The tender, titled "Consultancy Support for the Market-Wide Half-Hourly Settlement Implementation Timetable," was awarded on 16 October 2020, with a total contract value of £20,160. This open procedure tender had an end date for submissions on 28 August 2020 and a contract period that commenced on 21 September 2020 and concluded on 26 October 2020. The classification falls under business and management consultancy services.

This contract presents significant growth opportunities for consultancy firms specialising in regulatory compliance and market analysis within the energy sector. Small and medium-sized enterprises (SMEs) in the consultancy domain with expertise in regulatory frameworks, project management, and timetabling would find this an advantageous opportunity to leverage their skills and contribute to a critical sector initiative. The experience gained through participation can pave the way for further contracts and partnerships within the energy industry.

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Notice Information

Notice Title

CONSULTANCY SUPPORT FOR THE MARKET-WIDE HALF-HOURLY SETTLEMENT IMPLEMENTATION TIMETABLE

Notice Description

This contract is to further interrogate and test with the main market players, the implementation timeframe for moving to Market-Wide Half-Hourly Settlement (MHHS). The consultant will be needed need to interrogate and test the timetable and assumptions underpinning it with the main market participants expected to deliver against this timetable and the critical path set out, so Ofgem can ensure that the final timetable and critical path is realistic, challenging and deliverable.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c23cc988-1575-4d21-a217-b2d49f15f589
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3e18a20b-f05e-4e72-9b22-c6091d9d9f5c
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

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£20,160 Under £100K
Lots Value
Not specified
Awards Value
£20,160 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Oct 20205 years ago
Submission Deadline
28 Aug 2020Expired
Future Notice Date
Not specified
Award Date
15 Sep 20205 years ago
Contract Period
20 Sep 2020 - 26 Oct 2020 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

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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