Award

Debt Recovery for Schemes

OFGEM

This public procurement record has 1 release in its history.

Award

09 Oct 2024 at 16:45

Summary of the contracting process

Ofgem, the UK's energy regulator, has completed a public procurement process for debt recovery services related to non-compliance with its environmental schemes. This award has been granted to Sopra Steria Financial Services Limited. The procurement falls under the Financial and Insurance Services industry category and the process was managed through an open procedure. The contract, worth £40,000, commenced on 9th October 2024 and will run until 8th October 2028. The tender opportunities were made available globally, including territories such as the British Overseas Territories, Channel Islands, Europe, Isle of Man, United Kingdom, and the Rest of the World.

This tender presents significant opportunities for businesses specialising in debt recovery and financial services to explore further engagements with regulatory bodies like Ofgem. Small and medium-sized enterprises (SMEs) are especially encouraged to participate in similar tenders given their suitability. Companies with experience in debt recovery services within the specified regions can leverage this contract to establish or expand their portfolio in the public sector, providing essential services to ensure compliance with environmental regulations.

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Notice Title

Debt Recovery for Schemes

Notice Description

Ofgem seeks a supplier to provide debt recovery services in respect of debt accrued due to non-compliance on Ofgem's environmental schemes.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f80f223c-b1d2-4419-8029-372e439916aa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5c475c9c-2f04-46a8-8052-3a90f46b7cba
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20241 years ago
Submission Deadline
1 Jan 2024Expired
Future Notice Date
Not specified
Award Date
8 Oct 20241 years ago
Contract Period
8 Oct 2024 - 8 Oct 2028 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

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

SOPRA STERIA FINANCIAL SERVICES

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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