Award

2022-031 Expert regulatory policy support for Low Carbon RAB

OFGEM

This public procurement record has 1 release in its history.

Award

20 Apr 2022 at 16:45

Award Notice
Summary of the contracting process

The procurement process, initiated by Ofgem, focuses on providing expert regulatory policy support for the Low Carbon Rate of Return (RAB). The project, valued at £100,000, falls under the general management consultancy services category, specifically within the financial management and business development consultancy sectors. The tender was completed as of 1st April 2022 and will extend until 31st March 2024. This process utilised a selective procurement method, employing a restricted procedure. The relevant delivery locations include the United Kingdom and British Overseas Territories, ensuring a broad geographical reach for prospective suppliers.

This tender presents significant opportunities for businesses specialising in consultancy services related to regulatory policy, financial management, and business development in the low carbon sector. Companies equipped with expertise in regulatory investment models, especially those focused on renewable energy projects like new nuclear builds and carbon capture initiatives, would be particularly well-suited to engage in future tenders. Small and medium-sized enterprises (SMEs) with innovative approaches in these areas may find growth potential through strategic partnerships or direct involvement in these consultative roles.

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Notice Information

Notice Title

2022-031 Expert regulatory policy support for Low Carbon RAB

Notice Description

The work for this contract will provide support to other members of the Low Carbon RAB team as they provide analysis and advice on the development of regulatory investment models for: New Nuclear Build CCUS Transport and Storage networks regulatory and project finance structures required to support low carbon technologies implications for the financial and economic regulation of entities under the new proposed RAB regimes

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e214c149-e118-4fd9-be9b-d06f0af1d29c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a0f92263-f92b-46f0-b2b6-c3464e52316a
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79411000 - General management consultancy services

79411100 - Business development consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
20 Apr 20223 years ago
Submission Deadline
1 Jan 2022Expired
Future Notice Date
Not specified
Award Date
31 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2024 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
Allan Weir
Contact Email
allan.weir@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

CEPA

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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