---
title: "Management and allocation of voluntary redress payments made by energy companies"
ocid: "ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2017-08-23"
---

# Management and allocation of voluntary redress payments made by energy companies

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892.json)

## Summary

The procurement process involves Ofgem as the buying organisation, which is seeking services for the "Management and allocation of voluntary redress payments made by energy companies." This initiative falls under the administrative services for business operations category, with a total contract value of £500,000. The procurement method employed is a selective procedure, and the tender period ended on 1st January 2017. The contract was awarded on 4th August 2017, with a contract period stretching from that date until 3rd August 2019. The geographical reach includes locations within the United Kingdom and British Overseas Territories.

This tender represents a valuable opportunity for businesses focused on financial management, charitable funding allocation, or project monitoring within the energy sector. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) would be particularly well-suited to compete for this contract, as they can leverage their agility and community ties to meet Ofgem's objectives of delivering real benefits to consumers. Businesses that can demonstrate expertise in evaluating project outcomes and managing funds effectively will be in a strong position to win this contract.

## Notice

The Service Provider will be responsible for:Financial management of volunatary redress monies paid by energy companies;Identifying potential charitable recipients, to be allocated redress funding whose projects would achieve our objectives;Monitoring the projects and evaluating the use of the funds and taking action to ensure that the projects are delivering real benefits to consumers; andProviding regular reports on the performance against the objectives.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d1dbd0ce-1510-42c0-bc59-9c52439ae3db |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Aug 2017 |
| Submission deadline | 1 Jan 2017 |
| Future notice date | Not specified |
| Award date | 3 Aug 2017 |
| Contract period | 3 Aug 2017 - 3 Aug 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | £500,000 |
| 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 | South West London |
| Postcode | SW1P 3GE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ENERGY SAVING TRUST |

## CPV Codes

### Divisions

- 75 - Administration, defence and social security services

### Codes

- 75112000 - Administrative services for business operations

## Release History

- 23 Aug 2017 at 16:41 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d1dbd0ce-1510-42c0-bc59-9c52439ae3db

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d1dbd0ce-1510-42c0-bc59-9c52439ae3db
  23rd August 2017 - Awarded contract notice on Contracts Finder
- http://www.mytenders.org/search/show/search_view.aspx?ID=AUG146344
  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-faeae39d-b760-4a3b-84aa-491aa413d892. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892.json.