Award

2023-028 Low Carbon RAB financial adviser

OFGEM

This public procurement record has 1 release in its history.

Award

13 Jun 2023 at 16:45

Award Notice
Summary of the contracting process

The buying organisation for this procurement process is Ofgem, located in London, England. The title of the tender is "2023-028 Low Carbon RAB financial adviser," falling under the industry category of financial consultancy services. The procurement stage is at the award phase, with a contract period running from April 24, 2023, to April 23, 2025. The tender deadline was January 1, 2023, with a contract value of £147,000 in GBP.

This tender awarded to Rowton Associates Limited by Ofgem presents an opportunity for businesses specialized in financial consultancy services to support the Low Carbon RAB team. With a focus on regulatory investment models for areas like New Nuclear Build and CCUS Transport and Storage networks, SMEs particularly stand to benefit from this procurement opportunity given its open procedure method and the nature of services required by the contracting authority.

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.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

2023-028 Low Carbon RAB financial adviser

Notice Description

The Authority require to secure specialist financial advice to support the Low Carbon RAB team as the two programmes of work develop. The Consultant will primarily liaise with the Authority's Head of Team but will work closely with the Deputy Director (LC RAB). The Consultant will also provide support to other members of the Low Carbon RAB team to aide their development of regulatory investment models for: o New Nuclear Build o CCUS Transport and Storage networks

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63c54cd1-47e9-4f5a-97da-5ec1a4ad64c7
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

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£147,000 £100K-£500K
Lots Value
Not specified
Awards Value
£147,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jun 20232 years ago
Submission Deadline
1 Jan 2023Expired
Future Notice Date
Not specified
Award Date
23 Apr 20232 years ago
Contract Period
23 Apr 2023 - 23 Apr 2025 2-3 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
Rebecca Green
Contact Email
rebecca.green@ofgem.gov.uk
Contact Phone
+44 2079017000

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

ROWTON ASSOCIATES

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-c81e7aca-ee6a-421b-84cb-36c6b88d3def-2023-06-13T17:45:12+01:00",
    "date": "2023-06-13T17:45:12+01:00",
    "ocid": "ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MT229583",
        "title": "2023-028 Low Carbon RAB financial adviser",
        "description": "The Authority require to secure specialist financial advice to support the Low Carbon RAB team as the two programmes of work develop. The Consultant will primarily liaise with the Authority's Head of Team but will work closely with the Deputy Director (LC RAB). The Consultant will also provide support to other members of the Low Carbon RAB team to aide their development of regulatory investment models for: o New Nuclear Build o CCUS Transport and Storage networks",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial 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": 147000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2023-01-01T00:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-04-24T00:00:00+01:00",
            "endDate": "2025-04-23T23:59:59+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": "Rebecca Green",
                "email": "rebecca.green@Ofgem.gov.uk",
                "telephone": "+44 2079017000"
            },
            "details": {
                "url": "http://www.ofgem.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-08738603",
            "name": "Rowton Associates Limited",
            "identifier": {
                "legalName": "Rowton Associates Limited",
                "scheme": "GB-COH",
                "id": "08738603"
            },
            "address": {
                "streetAddress": "8 Lord North Street, , London"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-84321",
        "name": "Ofgem"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def-1",
            "status": "active",
            "date": "2023-04-24T00:00:00+01:00",
            "datePublished": "2023-06-13T17:45:11+01:00",
            "value": {
                "amount": 147000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-08738603",
                    "name": "Rowton Associates Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-04-24T00:00:00+01:00",
                "endDate": "2025-04-23T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/63c54cd1-47e9-4f5a-97da-5ec1a4ad64c7",
                    "datePublished": "2023-06-13T17:45:11+01:00",
                    "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=JUN166587"
                }
            ]
        }
    ]
}