--- title: "Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience" ocid: "ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11.json" source: "Contracts Finder" current_stage: "Tender" buyer: "OFGEM" published: "2022-01-18" --- # Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience Buyer: OFGEM Current stage: Tender OCID: ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11.json) ## Summary The procurement process involves Ofgem, a regulatory body based in London, seeking analytical support and economic advice for their Retail Resilience project through an open tender. The title of the contract is "Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience", which aims to address risks associated with renewable obligation payments and supplier financial resilience. The tender was published on 18th January 2022, with a submission deadline of 1st February 2022. The estimated value of the contract is £170,000 and will run from 14th February 2022 to 13th August 2022, categorised under economic research and related consultancy services. This tender presents significant opportunities for businesses specialising in economic research, financial consultancy, and management consultancy services. Companies equipped to provide in-depth analysis, modelling, and advisory services pertinent to energy markets would be particularly well-suited to compete. Small and medium-sized enterprises (SMEs) are encouraged to participate, as the procurement is designed to be accessible to a diverse range of providers, potentially allowing them to expand their client base and expertise in a growing sector. ## Notice The role of this Contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10. Actions 9 and 10 relate to mutualisation risk associated with renewable obligation (RO) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience. This will require the successful tenderer to: * Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs * Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure * Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project. Please see attached 2021-191 Analytical Support and Economic Advice on Retail Resilience ITT document for further information. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1e9701fd-b6d5-4d4f-b311-a983e207d8b0 | | 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 | 18 Jan 2022 | | Submission deadline | 1 Feb 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 14 Feb 2022 - 13 Aug 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £170,000 | | 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 - 66 - Financial and insurance services - 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 ### Codes - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 66171000 - Financial consultancy services - 71314000 - Energy and related services - 73000000 - Research and development services and related consultancy services - 73200000 - Research and development consultancy services - 73210000 - Research consultancy services - 79311400 - Economic research services - 79400000 - Business and management consultancy and related services - 79410000 - Business and management consultancy services - 79411100 - Business development consultancy services - 79412000 - Financial management consultancy services ## Release History - 18 Jan 2022 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1e9701fd-b6d5-4d4f-b311-a983e207d8b0 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/1e9701fd-b6d5-4d4f-b311-a983e207d8b0 18th January 2022 - Opportunity notice on Contracts Finder - https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JAN163572 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-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11.json.