---
title: "2021-168 Financial Resilience and Controls"
ocid: "ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-01-17"
---

# 2021-168 Financial Resilience and Controls

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152.json)

## Summary

The procurement process involves Ofgem, located at 10 South Colonnade, Canary Wharf, London, which is seeking consultancy services under the title "2021-168 Financial Resilience and Controls". This contract falls within the financial services industry category and was awarded following an open procurement method. The tender was initiated on 1st January 2022, with the contract period commencing on 4th January 2022 and concluding on 30th April 2022. The total value of the contract is £215,016, and the competition was primarily aimed at SMEs, although large firms may also be suitable.

## Notice

Ofgem requires advice in relation to developing a more prudential approach to its regulatory regime, specifically looking into energy suppliers' financial resilience and controls.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3bc7be81-6295-4ae1-94d6-ec002c84c0c8 |
| 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 | 17 Jan 2022 |
| Submission deadline | 1 Jan 2022 |
| Future notice date | Not specified |
| Award date | 5 Jan 2022 |
| Contract period | 4 Jan 2022 - 30 Apr 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £215,016 |
| Lots value | Not specified |
| Awards value | £215,016 |
| 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 | ERNST & YOUNG |

## CPV Codes

### Divisions

- 66 - Financial and insurance 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
- 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

- 17 Jan 2022 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3bc7be81-6295-4ae1-94d6-ec002c84c0c8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3bc7be81-6295-4ae1-94d6-ec002c84c0c8
  17th January 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JAN163566
  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-cccd1e68-ad28-433b-8c18-c17332ca9152. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cccd1e68-ad28-433b-8c18-c17332ca9152.json.