OFTO Policy Review
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Business Services band — a substantial contract for the sector. Based on 57,319 valued Business Services tenders in our corpus.
The processes for bidding for OFTOs does not always meet the targeted dates in the timetable set out in the ITT.
The objective of this process efficiency review is to stand back and examine the processes that have built up in the ITT phase to assess whether there are changes that can be made that are within Ofgem's control which will help drive efficiencies in the ITT bidding process and shorten the length of the subsequent Preferred Bidder to Financial Close stage.
Consideration should also be given as to whether an incentive mechanism would be beneficial to drive behaviour further.
This is to be structured as 3 workstreams which will run broadly in parallel.
The first module will review Ofgem's cost assessment process; the second module, opportunities for greater standardisation of the Sale and Purchase Agreement (SPA); and the third module will develop a cash incentive mechanism that takes account of the findings from the two other modules.
What the supplier must deliver
Consideration should also be given as
Consideration should also be given as to whether an incentive mechanism would be beneficial to drive behaviour further.
Derived from the notice text — always confirm against the original documents.
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- OCID
- 0c4a5613-341b-4520-acb8-11d0fad61dfa
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- MT231147
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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