RFP QuestBeta
Awarded · ResultStage · contract

Ofgem

Design Options for Nodal Pricing in GB

Engineering & ArchitectureCPV 71000000 71300000 71310000
Value£350,000
Awarded17 Jan 2022
Published30 Mar 2022
RegionLondon

£350,000 — awarded.

Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£350ktotal contract value
median £95k
this tender£0£2.0m

This is a large award for Engineering & Architecture — above three-quarters of comparable contracts. Based on 33,646 valued Engineering & Architecture tenders in our corpus.

The brief

This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system.

Greater locational and temporal market signals have the potential to drive more efficient use of system assets and lower total system costs by:* incentivising optimal demand and supply responses (in the right place at the right time);* stimulating innovation in storage and demand response in the places it is needed; and* supporting competition between demand/storage solutions and new network capacity.

Requirements

What the notice asks for

01

This procurement is for a party

This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

The gates

What this notice demands of you

2 named, none in explicit obligation language. Each one is quoted from the notice.

Net zero commitmentPolicies & commitments
This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system.
This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system.

Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.

What this bid requires

Skills, tools & certifications

Detected from the notice — the capabilities and credentials this bid calls for. Click one to see who wins that work.

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Source & provenance
OCID
00a76fcf-a52f-47ab-ac3c-2d0cee53f3a9
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
MT225598
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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