Award

Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls.

OFGEM

This public procurement record has 2 releases in its history.

Award

06 Aug 2021 at 15:34

Tender

26 Apr 2021 at 15:34

Summary of the contracting process

The procurement process involves Ofgem seeking consultancy services under the title "Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls." This tender falls within the general management consultancy services category and is located in London, UK. The procurement method utilised is an open procedure, which allows for broad participation. The contract value is set at £995,000, and the award period begins on 1st June 2021. The contract is expected to run for an initial period from 26th July 2021 until 25th July 2023, with an extension option for a further six months until 25th January 2024.

This tender presents significant opportunities for growth for businesses specialising in econometrics, economic consultancy, and related sectors. Companies providing financial consultancy, energy management services, or technical analysis and consultancy would be particularly well-suited to compete for this contract. Given the focus on providing ongoing support for the RIIO-2 price controls, firms with experience in the energy distribution and transmission sectors will find this tender aligned with their capabilities, paving the way for potential collaborations or partnerships in future projects.

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Notice Title

Econometrics and Economic Analysis for the ED-2 Price Control and ongoing support to the Gas and Transmission Price Controls.

Notice Description

This Contract is for a team of consultants to provide support throughout the preparation of the work for ED RIIO 2. This would also include; econometric and economic technical advice and guidance input for the first year post-implementation and operation of the RIIO-2 price controls for the following sectors: Electricity Distribution (ED) Electricity Transmission (ET) Gas Transmission (GT) Gas Distribution (GD)

Lot Information

Lot 1

This Contract is for a team of consultants to provide support throughout the preparation of the work for ED RIIO 2. This would also include; econometric and economic technical advice and guidance input for the first year post-implementation and operation of the RIIO 2 price controls for the following sectors: Electricity Distribution (ED) Electricity Transmission (ET) Gas Transmission (GT) Gas Distribution (GD)

Renewal: The contract will be for an initial two year period. From the 26th of July 2021 to the 25th July 2023, with the option to extend for up to an additional 6 months until 25th January 2024, at the discretion of Ofgem.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02aa4d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019093-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

32 - Radio, television, communication, telecommunication and related equipment

65 - Public utilities

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

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

73 - Research and development services and related consultancy services

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


CPV Codes

32424000 - Network infrastructure

65400000 - Other sources of energy supplies and distribution

66171000 - Financial consultancy services

71314000 - Energy and related services

71314200 - Energy-management services

71600000 - Technical testing, analysis and consultancy services

71621000 - Technical analysis or consultancy services

72221000 - Business analysis consultancy services

72224000 - Project management consultancy services

72316000 - Data analysis services

73220000 - Development consultancy services

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

79411000 - General management consultancy services

79411100 - Business development consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£995,000 £500K-£1M
Lots Value
£995,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£995,000 £500K-£1M

Notice Dates

Publication Date
6 Aug 20214 years ago
Submission Deadline
1 Jun 2021Expired
Future Notice Date
Not specified
Award Date
26 Jul 20214 years ago
Contract Period
25 Jul 2021 - 25 Jan 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Natasha Woollams
Contact Email
natasha.woollams@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
3
Supplier Names

AFRY MANAGEMENT CONSULTANCY

CEPA

ECA

Open Contracting Data Standard (OCDS)

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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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