---
title: "Management and Allocation of voluntary redress payments made by energy companies"
ocid: "ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "OFGEM"
published: "2017-02-16"
---

# Management and Allocation of voluntary redress payments made by energy companies

Buyer: OFGEM  
Current stage: Tender  
OCID: ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553

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## Summary

The procurement process, initiated by Ofgem, pertains to the "Management and Allocation of voluntary redress payments made by energy companies." This project falls under the services category, specifically focusing on administrative services for business operations. The opportunity is located in the South East of England. Currently at the Tender stage, the closing date for submissions is set for 21 March 2017, with the contract period commencing on 1 August 2017 and lasting until 31 July 2019. This procurement will be conducted through a selective method, specifically a restricted procedure.

This tender presents significant opportunities for businesses specialising in financial management and grant allocation, particularly those with expertise in the energy sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as their experience in managing funds for charitable organisations could be invaluable. Competitors should be prepared to demonstrate their ability to identify suitable charitable recipients, ensure proper fund utilisation, and provide ongoing project evaluations.

## Notice

Following a consultation, Ofgem decided to procure a third party expert with experience in allocating funds to charitable organisations.The Service Provider will be responsible for:Financial management of voluntary redress monies paid by energy companies, including receiving the funding from energy companies and awarding grants to charitable recipients;Identifying potential charitable recipients, to be allocated redress funding whose projects would achieve our objectives;Using knowledge of the British energy sector and the needs of energy consumers (including those of vulnerable consumers and those of future consumers) to make decisions on funding;Monitoring the projects and evaluating the use of the funds and taking action to ensure that the projects are delivering real benefits to consumers; andProviding regular reports on the performance against the objectives.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b312634f-92f9-4c37-9001-08aab076546a |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Feb 2017 |
| Submission deadline | 21 Mar 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Jul 2017 - 31 Jul 2019 |
| 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 | South West London |
| Postcode | SW1P 3GE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLJ South East (England) |

## CPV Codes

### Divisions

- 75 - Administration, defence and social security services

### Codes

- 75112000 - Administrative services for business operations

## Release History

- 16 Feb 2017 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b312634f-92f9-4c37-9001-08aab076546a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b312634f-92f9-4c37-9001-08aab076546a
  16th February 2017 - Opportunity notice on Contracts Finder
- http://www.mytenders.org/search/show/search_view.aspx?ID=FEB138771
  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-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6ba90ee8-df26-416e-a66e-17256ea58553.json.