---
title: "Price Cap - Wholesale Adjustments"
ocid: "ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2021-11-25"
---

# Price Cap - Wholesale Adjustments

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2.json)

## Summary

Ofgem, located at 10 South Colonnade, Canary Wharf, London, is the contracting authority for the tender titled "Price Cap - Wholesale Adjustments". This procurement process, classified under the business analysis consultancy services industry, has recently reached the award stage, with the contract valued at £420,000. The open procedure tender period ended on 1 January 2021, while the contract period commenced on 4 November 2021 and will conclude on 3 August 2022.

This tender presents significant opportunities for consultancy firms specialising in business analysis, project management, and related management services, particularly those that qualify as SMEs. Businesses that possess expertise in advising on tariff adjustments in response to energy price fluctuations would be particularly well-suited to compete for this contract. Engaging with Ofgem could enhance their portfolio and build credibility in the energy consultancy sector.

## Notice

This requirement is for a team to work on the default tariff cap - specifically to assist in the determination whether any adjustment is required to the cap as a result of the current energy price hike, and if so, what form/level it should take. This work will feed into a decision at the start of February 2022.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4d5269e2-3385-450b-b235-f726ce475d8a |
| 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 | 25 Nov 2021 |
| Submission deadline | 1 Jan 2021 |
| Future notice date | Not specified |
| Award date | 3 Nov 2021 |
| Contract period | 4 Nov 2021 - 3 Aug 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £420,000 |
| Lots value | Not specified |
| Awards value | £420,000 |
| 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 | BARINGA PARTNERS |

## 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
- 72224000 - Project management consultancy services
- 79400000 - Business and management consultancy and related services
- 79410000 - Business and management consultancy services
- 79411000 - General management consultancy services
- 79411100 - Business development consultancy services

## Release History

- 25 Nov 2021 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4d5269e2-3385-450b-b235-f726ce475d8a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4d5269e2-3385-450b-b235-f726ce475d8a
  25th November 2021 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=NOV163207
  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-e4327414-28b9-4c6b-a25e-e49add7f35f2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e4327414-28b9-4c6b-a25e-e49add7f35f2.json.