---
title: "2021-181 Analytical Support to Deliver Price Cap Update"
ocid: "ocds-b5fd17-f9d117b4-9af1-4d4b-9808-97f46b632ebc"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f9d117b4-9af1-4d4b-9808-97f46b632ebc"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f9d117b4-9af1-4d4b-9808-97f46b632ebc.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f9d117b4-9af1-4d4b-9808-97f46b632ebc.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PROACTIS TENDERS LIMITED MYT"
published: "2022-01-28"
---

# 2021-181 Analytical Support to Deliver Price Cap Update

Buyer: PROACTIS TENDERS LIMITED MYT  
Current stage: Award  
OCID: ocds-b5fd17-f9d117b4-9af1-4d4b-9808-97f46b632ebc

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## Summary

The procurement process involves Ofgem, the executive arm of the government responsible for regulating the electricity and gas markets in Great Britain, seeking analytical support for its Price Cap Update. The tender, titled "2021-181 Analytical Support to Deliver Price Cap Update", falls under the business analysis consultancy services category, with a total value of £755,604. The tender was open under an open procedure method and has recently completed, with the contract period running from 20 December 2021 until 31 March 2022. The initial consultation document was expected to be published by 30 January 2022, setting out Ofgem's options for reforms to address challenges within the energy market.

This tender presents significant opportunities for consultancy firms, especially those with expertise in energy management, business development, and policy analysis. Companies specialising in business analysis, energy consultancy, and management services would be well-positioned to compete, given the requirements for support in analysis and drafting policy documents. As Ofgem aims to address the key issues of wholesale market volatility, businesses that can provide innovative solutions and insights into energy pricing and tariff structures will likely benefit from collaborating with Ofgem on future projects.

## Notice

In 2018 the Domestic Gas and Electricity (Tariff Cap) act was passed. The Act sets out the framework for a temporary cap on domestic energy standard variable tariffs (SVTs) and default tariffs. It also sets out that Ofgem is responsible for developing and implementing the methodology for setting the level of the cap. Ofgem introduced the methodology for setting the cap via licence conditions in November 2018, and the cap came into force on 1 January 2019. Support is required by Ofgem to provide resource to deliver a number of elements linked to the Statutory deadlines surrounding the price cap update on the 7th February. Ofgem also requires support in analysis and drafting of a Price Cap Reform policy consultation document for publication around 30 January. The consultation is expected to then last around four weeks. The policy consultation will set out detail on Ofgem's main policy options for reforms to the cap to address key challenges relating to wholesale market volatility, including changes to the observation window and the 'evergreen' nature of the cap.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e3035c6a-21d3-49a0-9749-3a1d8e204793 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Jan 2022 |
| Submission deadline | 17 Dec 2021 |
| Future notice date | Not specified |
| Award date | 17 Dec 2021 |
| Contract period | 20 Dec 2021 - 31 Mar 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £755,604 |
| Lots value | Not specified |
| Awards value | £755,604 |
| 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 | PROACTIS TENDERS LIMITED MYT |
| 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 | PRICEWATERHOUSE COOPERS LLP (PWC |

## CPV Codes

### Divisions

- 09 - Petroleum products, fuel, electricity and other sources of energy
- 71 - Architectural, construction, engineering and inspection services
- 72 - IT services: consulting, software development, Internet and support
- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 09000000 - Petroleum products, fuel, electricity and other sources of energy
- 09300000 - Electricity, heating, solar and nuclear energy
- 71314000 - Energy and related services
- 71314200 - Energy-management services
- 72221000 - Business analysis consultancy services
- 73210000 - Research consultancy services
- 73220000 - Development consultancy services
- 79400000 - Business and management consultancy and related services
- 79410000 - Business and management consultancy services
- 79411100 - Business development consultancy services

## Release History

- 28 Jan 2022 at 15:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e3035c6a-21d3-49a0-9749-3a1d8e204793

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e3035c6a-21d3-49a0-9749-3a1d8e204793
  28th January 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JAN163567
  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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