---
title: "Wholesale Market Policy Development"
ocid: "ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-02-26"
---

# Wholesale Market Policy Development

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303)  
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## Summary

The buying organization, Ofgem, has awarded a contract for the project titled "Wholesale Market Policy Development." The procurement falls under the financial consultancy services category and is valued at £61,500. The contract period runs from 19th February 2024 to 10th May 2024. The tender stage was completed on 1st January 2024. Ofgem, based in London, England, is the contracting authority for this opportunity.

This tender provides business growth opportunities for firms specialising in financial consultancy services, business analysis consultancy, and management consultancy. Small and medium-sized enterprises (SMEs) are encouraged to participate in the open procedure procurement method. Businesses looking to engage in service provision related to market design and liquidity assessment are well-suited to compete for this contract with Ofgem, contributing to business expansion and expertise development in the field.

## Notice

As part of the next stage of the review of market arrangements (REMA), Ofgem has been tasked by DESNZ to look into what are the implications of moving from a national to a locational wholesale price in GB on: * Levels of liquidity * Risk of market power Ofgem requires support from a supplier to deliver an assessment of wholesale market design interactions with market power and liquidity, in the context of the development of reform options, for GB.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/07ac9cb7-10fb-420b-be53-17d77231267e |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Feb 2024 |
| Submission deadline | 1 Jan 2024 |
| Future notice date | Not specified |
| Award date | 14 Feb 2024 |
| Contract period | 19 Feb 2024 - 10 May 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £61,500 |
| Lots value | Not specified |
| Awards value | £61,500 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | OFGEM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FTI CONSULTING |

## CPV Codes

### 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

### Codes

- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66171000 - Financial consultancy services
- 72221000 - Business analysis consultancy services
- 79400000 - Business and management consultancy and related services
- 79412000 - Financial management consultancy services

## Release History

- 26 Feb 2024 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/07ac9cb7-10fb-420b-be53-17d77231267e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/07ac9cb7-10fb-420b-be53-17d77231267e
  26th February 2024 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=FEB167775
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofgem.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1d2c5d4a-9233-4e62-b4ea-32c4a71c7303.json.