---
title: "Management and Allocation of Voluntary Redress Payments"
ocid: "ocds-h6vhtk-02e33c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02e33c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02e33c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02e33c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-04-19"
---

# Management and Allocation of Voluntary Redress Payments

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-h6vhtk-02e33c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02e33c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02e33c.json)

## Summary

The public procurement process involves Ofgem, the Office of Gas and Electricity Markets, as the contracting authority. The tender, titled "Management and Allocation of Voluntary Redress Payments," falls under the financial management consultancy services category. The procurement is currently in the active tender stage, with an end date of 26 October 2021 for submissions. The total contract value is £2 million and the services will be required across the UK, aimed at managing voluntary redress payments to benefit energy consumers.

This opportunity presents significant potential for businesses specialising in financial management, regulatory services, and project management consultancy. Companies with experience in grant allocation and knowledge of the energy sector, particularly those that can demonstrate expertise in serving charitable organisations and energy consumers in Great Britain, would be well-suited to compete. With an open procurement method, this tender allows for a competitive environment where qualified suppliers can showcase their capabilities and contribute to a key public service initiative.

## Notice

This award is for an expert Service Provider to provide efficient financial management of voluntary redress monies, including receiving the funds, ring-fencing them, and awarding grants to suitable recipients.

### Lot Information

Lot 1

An award to an expert with experience in allocating funds to charitable organisations and with knowledge of the needs of energy consumers across Great Britain, to allocate voluntary redress payments (the "Service Provider") to support Ofgem in meeting its objective of protecting the interests of existing and future energy consumers.

Renewal: A further 24 months extension is available at The Authorities discretion. And then a further 24 month extension is available for The Authority to procure Run off Services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/010230-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Apr 2022 |
| Submission deadline | 26 Oct 2021 |
| Future notice date | Not specified |
| Award date | 3 Apr 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 | ENERGY SAVING TRUST ENTERPRISES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66150000 - Financial markets administration services
- 66151000 - Financial market operational services
- 66152000 - Financial market regulatory services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66171000 - Financial consultancy services
- 66172000 - Financial transaction processing and clearing-house services
- 72224000 - Project management consultancy services
- 79412000 - Financial management consultancy services

## Release History

- 19 Apr 2022 at 15:36 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/010230-2022
- 21 Sep 2021 at 15:44 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/023497-2021

## Notice URLs

- http://www.mytenders.co.uk
- http://www.ofgem.gov.uk
- https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
- https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA10021

## 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-h6vhtk-02e33c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02e33c.json.