Award

2021-124 Cost-benefit analysis for impact assessment of CLASS

OFGEM

This public procurement record has 1 release in its history.

Award

22 Dec 2021 at 17:45

Award Notice
Summary of the contracting process

Ofgem, located at 10 South Colonnade, Canary Wharf, London, is overseeing the procurement titled "2021-124 Cost-benefit analysis for impact assessment of CLASS". This procurement belongs to the services industry, specifically under the classification of "Other services". The open tender was completed on 28th October 2021. The awarded contract, valued at £28,655, will commence on 10th January 2022 and is set to conclude on 18th February 2022. The procurement method used was an open procedure, allowing a wide range of suppliers to participate.

This tender presents a significant opportunity for businesses specialising in consultancy and analysis services, particularly those with expertise in cost-benefit analysis and project management. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they are deemed suitable for this contract. Potential competitors should consider their capabilities in technical analysis and their experience with regulatory assessments related to energy services, thereby positioning themselves for growth in this sector.

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Notice Information

Notice Title

2021-124 Cost-benefit analysis for impact assessment of CLASS

Notice Description

Ofgem requires a consultant to conduct a cost-benefit analysis of a type of voltage management technology, commonly referred to as Customer Load Active System Services (CLASS). The cost-benefit analysis will form part of an impact assessment that is being undertaken to inform Ofgem's decision on the regulatory treatment of CLASS as a balancing service in the RIIO-ED2 network price control. .

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c63b4954-21c5-4e24-bf46-551fb3d5768c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a3b670bc-b9d0-4ad2-b7c5-a41d4d4b8f51
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

71 - Architectural, construction, engineering and inspection services

72 - IT services: consulting, software development, Internet and support

98 - Other community, social and personal services

CPV Codes

71242000 - Project and design preparation, estimation of costs

71244000 - Calculation of costs, monitoring of costs

71620000 - Analysis services

71621000 - Technical analysis or consultancy services

72221000 - Business analysis consultancy services

98390000 - Other services

Notice Value(s)

Tender Value
£28,655 Under £100K
Lots Value
Not specified
Awards Value
£28,655 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Dec 20214 years ago
Submission Deadline
28 Oct 2021Expired
Future Notice Date
Not specified
Award Date
21 Dec 20214 years ago
Contract Period
10 Jan 2022 - 18 Feb 2022 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

NERA

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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