---
title: "Board Effectiveness Review"
ocid: "ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-09-10"
---

# Board Effectiveness Review

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d)  
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## Summary

Ofgem, the Office of Gas and Electricity Markets, based in London, has completed the procurement process for a "Board Effectiveness Review" under the industry category of "Performance review services" (CPV: 79313000). The tender was conducted via an open procedure, meaning it was accessible to any interested parties, with the tender period ending on 1st January 2024. The contract, valued at £52,530, began on 2nd September 2024 and will conclude on 10th February 2025. This review aims to provide independent feedback and recommendations on the Board's effectiveness, aligning with government requirements for arms-length bodies to enhance corporate governance practices. The award was announced on 10th September 2024, with Campbell Tickell Ltd as the chosen supplier.

This tender offers significant business growth opportunities, particularly for consultancy firms specialising in corporate governance, business analysis, and evaluation services. Small and medium-sized enterprises (SMEs) are especially well-suited to compete for such contracts due to the open procurement method and specific suitability criteria that favour SMEs. Businesses that have expertise in conducting board evaluations and providing strategic advice to improve organisational effectiveness and governance will find such tenders highly compatible with their service offerings, potentially leading to increased market exposure and new client engagements.

## 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/0ad4cbbc-4be9-456a-93bf-f0f2035968d2 |
| 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 | 10 Sep 2024 |
| Submission deadline | 1 Jan 2024 |
| Future notice date | Not specified |
| Award date | 29 Aug 2024 |
| Contract period | 1 Sep 2024 - 10 Feb 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £59,940 |
| Lots value | Not specified |
| Awards value | £52,530 |
| 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 | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAMPBELL TICKELL |

## 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

- 10 Sep 2024 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0ad4cbbc-4be9-456a-93bf-f0f2035968d2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0ad4cbbc-4be9-456a-93bf-f0f2035968d2
  10th September 2024 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=SEP168665
  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-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-929cb8c7-8495-49ac-b8b3-b57ec4552e2d.json.