---
title: "Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience"
ocid: "ocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-02-23"
---

# Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee

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## Summary

The procurement process for the contract titled "Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience" was conducted by Ofgem, the regulatory authority for the electricity and gas markets in Great Britain. This tender falls under the services industry category, specifically focusing on economic research services, and is based in London. The contract has a value of £177,000 and was awarded on 16 February 2022, effective until 15 August 2022. The procurement was carried out using an open procedure, and the tender period concluded on 1 February 2022.

This contract presents a significant opportunity for businesses specialising in economic advice, financial consultancy, and research services. Companies with expertise in analysing market data, providing policy development insights, or offering financial management consultancy would be well-positioned to compete. As the focus is on enhancing retail financial resilience, businesses that can deliver innovative solutions and strong analytical support will find potential for growth and collaboration with Ofgem in addressing key industry challenges.

## 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 supplier 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a97ba18f-c825-410c-82cd-43df91f6275f |
| 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 Feb 2022 |
| Future notice date | Not specified |
| Award date | 16 Feb 2022 |
| Contract period | 16 Feb 2022 - 15 Aug 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £177,000 |
| Lots value | Not specified |
| Awards value | £177,000 |
| 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 | NERA |

## 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

- 23 Feb 2022 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a97ba18f-c825-410c-82cd-43df91f6275f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a97ba18f-c825-410c-82cd-43df91f6275f
  23rd February 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=FEB163837
  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

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