---
title: "2024-102 Board Effectiveness Review"
ocid: "ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "OFGEM"
published: "2024-07-31"
---

# 2024-102 Board Effectiveness Review

Buyer: OFGEM  
Current stage: Tender  
OCID: ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2

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## Summary

Ofgem is seeking proposals for a "2024-102 Board Effectiveness Review" under an open procedure procurement method. The tender, classified under Performance Review Services (CPV 79313000) and other related consultancy services, involves conducting an external review of the board's effectiveness and providing feedback and advice on improving its practices. The procurement stage is currently active, with the tender period ending on 20th August 2024 at 12:00 PM BST. The contract is expected to run from 2nd September 2024 to 2nd January 2025 and will be delivered in London, United Kingdom. The process is designed to welcome participation from small and medium-sized enterprises (SMEs). Key contact for this procurement is Christine Kennedy at Ofgem.

This tender represents a significant opportunity for businesses specialising in corporate governance, performance reviews, and consultancy services to expand their clientele and enhance their portfolio. As the requirements include providing expert feedback and guidance on board effectiveness, firms with expertise in business analysis, development consultancy, and related services would be well-suited to compete. Winning this contract could open doors to further engagements with Ofgem and other government arms-length bodies, providing substantial growth potential for qualified businesses.

## Notice

Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies. Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including: a) Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and b) Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0e77e54a-75dc-4839-9dd4-e20724f472be |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jul 2024 |
| Submission deadline | 20 Aug 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Sep 2024 - 2 Jan 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| 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 | TLI London |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 72221000 - Business analysis consultancy services
- 79313000 - Performance review services
- 79400000 - Business and management consultancy and related services
- 79411100 - Business development consultancy services
- 79419000 - Evaluation consultancy services

## Release History

- 31 Jul 2024 at 16:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/0e77e54a-75dc-4839-9dd4-e20724f472be

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0e77e54a-75dc-4839-9dd4-e20724f472be
  31st July 2024 - Opportunity notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JUL168502
  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-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2.json.