Award

ID5230772 - UREGNI - CEO Office - Framework for Economic, Financial Consultancy and Other Professional Services

UTILITY REGULATOR NI

This public procurement record has 2 releases in its history.

Award

22 Nov 2024 at 11:46

Tender

13 Jun 2024 at 09:31

Summary of the contracting process

The Utility Regulator NI has established a comprehensive framework for the provision of economic, financial consultancy, and other professional services under the title "ID5230772 - UREGNI - CEO Office - Framework for Economic, Financial Consultancy and Other Professional Services." This framework is designed to support the delivery of the Utility Regulator’s work programme within the energy sector. The framework encompasses 13 lots, each focusing on specific consultancy services related to the electricity, gas, and water industries in Northern Ireland with connections to markets in Great Britain, Ireland, and Europe. This process is at the award stage as of 22 November 2024, with the contract having been signed on 20 November 2024. The total value of this framework is £8,000,000, and the framework period is initially set for two years, with an option to extend for another two years.

This framework presents significant opportunities for businesses offering consultancy services in areas such as regulatory and incentive design, competition and market behaviour, cost assessment, economic advice, market design, consumer protection, market research, corporate finance, and actuarial and audit services. A diverse range of businesses, especially those with expertise in energy efficiency consultancy, research and development services, and financial auditing, will find this framework well-suited for their services. Companies can benefit from engaging in a collaborative environment with other suppliers and potentially the Department for the Economy NI, which can also utilise the framework as needed. This engagement is critical as it enhances business credibility, expands networks, and secures long-term governmental contracts, providing substantial growth and stability opportunities. The procurement method adopted is an open procedure, inviting wide participation and competition.

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Notice Title

ID5230772 - UREGNI - CEO Office - Framework for Economic, Financial Consultancy and Other Professional Services

Notice Description

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Lot Information

Regulatory and Incentive Design

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Competition and Market Behaviour

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Cost Assessment

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Economic Advice

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Market Design United Kingdom, Ireland and International

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Consumer Protection

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Market Research

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

General Corporate Finance and Accounting Advice, Forensic Accounting, Taxation Energy and Water

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Cost of Capital and Financeability, Capital Structure and PFI/PPP

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Actuarial Advice

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Audit

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Project Management

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Energy Systems Analysis and Modelling

Utility Regulator has an ongoing need for consultancy and other professional services advice in support of the delivery of its work programme. The requirement set out in the specification is to establish a framework of suppliers for the provision of consultancy and other professional services in support of UR's regulatory remit covering electricity, gas and water industries in Northern Ireland and their relationships, as needed, to markets in Great Britain, Ireland and Europe. The Department for the Economy (DfE) will also be able to avail of the framework and each of the lots as and when required. The framework will comprise 13 Lots

Options: Initial 2yr Framework period with option to extend for a further period of 2yrs

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-046fa4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037799-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

73 - Research and development services and related consultancy services

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


CPV Codes

71314000 - Energy and related services

71314300 - Energy-efficiency consultancy services

73100000 - Research and experimental development services

73110000 - Research services

73210000 - Research consultancy services

73220000 - Development consultancy services

73300000 - Design and execution of research and development

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79211000 - Accounting services

79212000 - Auditing services

79212100 - Financial auditing services

79221000 - Tax consultancy services

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
£7,999,940 £1M-£10M
Awards Value
Not specified
Contracts Value
£615,000 £500K-£1M

Notice Dates

Publication Date
22 Nov 20241 years ago
Submission Deadline
22 Jul 2024Expired
Future Notice Date
Not specified
Award Date
20 Nov 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UTILITY REGULATOR NI
Additional Buyers

DEPARTMENT FOR THE ECONOMY NI

Contact Name
Not specified
Contact Email
ssdadmin.cpd@finance-ni.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BELFAST
Postcode
BT1 6ED
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN0 Northern Ireland

Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
23
Supplier Names

ACTION RENEWABLES

CEPA

COGNISENSE

D-FINE

ERNST YOUNG

EUROPEAN ECONOMIC RESEARCH

FINYX CONSULTING

FIRST ECONOMICS

GEMSERV

GRANT THORNTON

GUIDEHOUSE EUROPE

KPMG

LANE CLARK PEACOCK

LONDON ECONOMICS

LONG O DONNELL ASSOCIATES

MCC ECONOMICS

NERA

PA CONSULTING SERVICES

PERCEPTIVE INSIGHT MARKET RESEARCH

QMPF

RBCA

RECKON

SIA PARTNERS

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.

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}