---
title: "2022-074 Retail Specialist Support Contract Award"
ocid: "ocds-h6vhtk-042c7c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042c7c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042c7c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042c7c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-01-11"
---

# 2022-074 Retail Specialist Support Contract Award

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-h6vhtk-042c7c

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042c7c.json)

## Summary

The procurement process for the contract titled "2022-074 Retail Specialist Support Contract Award" was completed by Ofgem, a public body governed by UK law. The contract falls under the services category, specifically financial consultancy services. The tender involved the provision of financial management and project support for Retail Markets, implemented through a limited procurement method without prior publication. The contract was awarded to Ernst & Young, a large-scale supplier based in London. The contract, valued at £8,000,000, was signed on 13th November 2023.

This tender presents opportunities for businesses with expertise in financial consultancy services, specifically in the areas of wholesale, regulatory finance, price controls, and business handover. Businesses with a track record in delivering quality services, managing projects effectively, and demonstrating social value would be well-suited to compete. The contracting authority, Ofgem, sought professional expertise to support its Retail Directorate, creating avenues for growth and partnership within the financial consultancy sector in the UK market.

## Notice

Provision of financial management and project support for the Authority in relation to Retail Markets.

### Lot Information

Lot 1

To appoint a successful tenderer(s) to provide professional expertise and support to the Authority's Retail Directorate in the following areas: - Wholesale (levy claims) - Regulatory finance - Designing price controls, business handover expertise and expertise in designing regulatory incentives - Other technical support/Expertise as agreed

### Procurement Information

Procurement was carried out via a Further Competition using an existing Crown Commercial Services Framework - RM61873 Management Consultancy Framework Lot 4 Finance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/001010-2024 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jan 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 13 Nov 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £8,000,000 |

## 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 | ERNST & YOUNG |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 66171000 - Financial consultancy services
- 72224000 - Project management consultancy services

## Release History

- 11 Jan 2024 at 16:20 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001010-2024

## Notice URLs

- 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-042c7c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042c7c.json.