Award

Consultancy support to establish the new DCC price control framework

OFGEM

This public procurement record has 1 release in its history.

Award

27 Nov 2025 at 17:45

Summary of the contracting process

The contracting authority, Ofgem, recently completed an open procurement process to establish the DCC2 price control framework, aimed at enhancing regulatory oversight and ensuring value for money in the monopoly environment. The project falls under financial consultancy services, with additional focus on business analysis and general management consultancy, slated over a period from 24th November 2025 to 30th November 2026. The contract, valued at £210,000, was awarded to Reckon LLP. It covers a broad geographical scope, including the UK, British Overseas Territories, Channel Islands, Isle of Man, Europe, and other global regions, reflecting Ofgem's broad operational footprint.

This tender presents promising opportunities for consultancy firms specialising in financial, business analysis, and management consultancy services, especially those with expertise in regulatory frameworks and cost control mechanisms. The scope and value of the contract suggest substantial growth prospects for businesses capable of delivering high-value insights and solutions aligned with sector-specific regulatory challenges. Moreover, with the contract accommodating SMEs, it offers a strategic avenue for smaller consultancy firms to expand their influence and gain prestigious experience by collaborating with Ofgem.

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.

Notice Title

Consultancy support to establish the new DCC price control framework

Notice Description

This Call-Off Contract is intended to support the Authority in the design and implementation of the DCC2 ex-ante price control framework. This includes, without limitation, the development of incentive structures, performance metrics, and governance arrangements during the transitional period. The Supplier shall also provide guidance on managing the concurrent operation of DCC1 and DCC2 controls to prevent financial duplication. In addition, the Contract may encompass a quality assurance or "critical friend" function to challenge major disallowance areas within the current ex-post regime. This work is essential to ensure robust regulatory oversight, equitable cost recovery, and long-term value for money in a monopoly environment.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fbdfdd04-9dc2-4c5c-a08a-e67491b1cf43
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b8184110-7fa4-458a-b468-e92b2d7ee0a0
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

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

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


CPV Codes

66171000 - Financial consultancy services

72221000 - Business analysis consultancy services

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£210,000 £100K-£500K
Lots Value
Not specified
Awards Value
£210,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20252 months ago
Submission Deadline
1 Jan 2025Expired
Future Notice Date
Not specified
Award Date
20 Nov 20253 months ago
Contract Period
24 Nov 2025 - 30 Nov 2026 1-2 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
Rebecca Green
Contact Email
procurement2@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

RECKON

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-fbdfdd04-9dc2-4c5c-a08a-e67491b1cf43-2025-11-27T17:45:07Z",
    "date": "2025-11-27T17:45:07Z",
    "ocid": "ocds-b5fd17-fbdfdd04-9dc2-4c5c-a08a-e67491b1cf43",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MT235995",
        "title": "Consultancy support to establish the new DCC price control framework",
        "description": "This Call-Off Contract is intended to support the Authority in the design and implementation of the DCC2 ex-ante price control framework. This includes, without limitation, the development of incentive structures, performance metrics, and governance arrangements during the transitional period. The Supplier shall also provide guidance on managing the concurrent operation of DCC1 and DCC2 controls to prevent financial duplication. In addition, the Contract may encompass a quality assurance or \"critical friend\" function to challenge major disallowance areas within the current ex-post regime. This work is essential to ensure robust regulatory oversight, equitable cost recovery, and long-term value for money in a monopoly environment.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "72221000",
                "description": "Business analysis consultancy services"
            },
            {
                "scheme": "CPV",
                "id": "79411000",
                "description": "General management 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": 210000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2025-01-01T00:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-11-24T00:00:00Z",
            "endDate": "2026-11-30T23:59:59Z"
        },
        "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": "procurement2@ofgem.gov.uk",
                "telephone": "+44 2079017000"
            },
            "details": {
                "url": "http://www.ofgem.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC307897",
            "name": "Reckon Llp",
            "identifier": {
                "legalName": "Reckon Llp",
                "scheme": "GB-COH",
                "id": "OC307897"
            },
            "address": {
                "streetAddress": "31 Southampton Row, , London"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-84321",
        "name": "Ofgem"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-fbdfdd04-9dc2-4c5c-a08a-e67491b1cf43-1",
            "status": "active",
            "date": "2025-11-20T00:00:00Z",
            "datePublished": "2025-11-27T17:45:07Z",
            "value": {
                "amount": 210000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC307897",
                    "name": "Reckon Llp"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-11-24T00:00:00Z",
                "endDate": "2026-11-30T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/b8184110-7fa4-458a-b468-e92b2d7ee0a0",
                    "datePublished": "2025-11-27T17:45:07Z",
                    "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=NOV170632"
                }
            ]
        }
    ]
}