---
title: "Cost Deferral Mechanism"
ocid: "ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-02-23"
---

# Cost Deferral Mechanism

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c

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## Summary

Ofgem, located in London, has successfully completed the procurement process titled "Cost Deferral Mechanism", which was initiated to assist in defining the resource requirements for this project. This procurement was classified under the category of Business analysis consultancy services and followed an open procedure. The tender period ended on 1st January 2022, and the contract commenced on 16th February 2022, continuing until 15th June 2022. The total contract value was £307,080.

This tender presents a substantial opportunity for businesses specialising in consultancy services, particularly in areas such as business management and energy-related services. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they may have innovative solutions and flexible approaches that align well with Ofgem's objectives. Businesses with expertise in project planning and energy management would be ideally suited to compete for similar contracts in the future.

## Notice

Support to assist in defining, planning and determining the resource required for the Cost Deferral Mechanism (CDM) project ("Project") for Ofgem. This will involve working closely with the project team at BEIS, the suppliers in the market and Ofgem.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a02a31aa-1ba5-4476-af3d-7efb6650129b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Feb 2022 |
| Submission deadline | 1 Jan 2022 |
| Future notice date | Not specified |
| Award date | 16 Feb 2022 |
| Contract period | 16 Feb 2022 - 15 Jun 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £307,080 |
| Lots value | Not specified |
| Awards value | £307,080 |
| 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 | BARINGA PARTNERS |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 71314000 - Energy and related services
- 71314200 - Energy-management services
- 72221000 - Business analysis consultancy services
- 79400000 - Business and management consultancy and related services
- 79410000 - Business and management consultancy services
- 79411100 - Business development consultancy services

## Release History

- 23 Feb 2022 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a02a31aa-1ba5-4476-af3d-7efb6650129b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a02a31aa-1ba5-4476-af3d-7efb6650129b
  23rd February 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=FEB163841
  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-b0357376-19ec-4170-a83a-8e5fcd61650c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b0357376-19ec-4170-a83a-8e5fcd61650c.json.