Provision of Regulatory Risk and Decision Support Capability
Description: NGN have the below essential requirements from the product solution: Asset risk regulatory reporting (Network Asset Risk Metrics - NARMs) - We have a licence obligation to report Asset Risk and Health annually to Ofgem. This process is currently undertaken through a combination of our current Regulatory Risk and Decision Support Tool generated outputs and Microsoft Excel based manipulation. Audit functionality is necessary as part of this requirement. 2. Cost Benefit Analysis - We need to execute a consistent, corporatised, risk and output-based cost benefit calculator to inform individual investment decisions and support future business plan submissions. 3. Delivery of RIIO-GD3 business plan commitments - We must monitor performance against our RIIO-GD3 plan, including an ability to identify areas of over/under performance. Full details can be found in (read more...)
Summary: The procurement process led by Northern Gas Networks Limited is currently in the tender stage for the provision of "Regulatory Risk and Decision Support Capability", targeting the software programming and consultancy industry. This tender aims to enhance asset risk reporting, cost-benefit analysis, and monitoring of RIIO-GD3 business plan commitments. Opportunities are available across various regions in the UK, with key submission dates including an expression of interest deadline on 23rd March 2026. The procurement method is selective, following a competitive flexible procedure, with substantial contract value estimated at £2,520,000. This multi-stage process will include evaluations and shortlisting of suppliers before the final award expected on 3rd July 2026.