Contracts Finder · Historical

Levelisation Audit Support

Historical · ContractNo open deadline

Historical: no longer open for bids.

Read the official notice on Contracts Finder

01/ The notice

Key facts

Value: £50,000Estimated value stated in the notice
Deadline (UK time): Mon 1 Jan 2024A deadline does not apply to this historical notice. The source records Mon 1 Jan 2024, which is not an open deadline.
Published: 18 Nov 2024
Region: Any region

02/ The brief

What the notice says

Not fully read: this is the notice text; attached documents are not read.

The Standing Charge Levelisation process is designed to equalise the cost of energy standing charges between prepayment and non-prepayment customers, via a Levelisation Allowance in the Price Cap. It is supported by a supplier reconciliation by difference mechanism to support suppliers' ability to recover efficient costs.

Calculations involving the Price Cap are performed by Ofgem. The Retail Energy Code Company (RECCo) are responsible for reconciliation related calculations. Both RECCo and Ofgem have developed jointly owned systems and processes that manage the timing and responsibility for undertaking these calculations.

Levelisation has been classed as imputed tax and spend, and the financial flows will be recorded in Ofgem's accounts. Support is therefore required from a supplier to carry out an agreed upon procedures review of Levelisation.

03/ Classification

CPV codes

Common Procurement Vocabulary codes, exactly as the notice lists them. No descriptions are added here.

79000000 79200000 79210000 79212000
79212000 79212200 79212300

04/ History

Releases of this notice

One release held, oldest first. Dates are UK time.

18 Nov 2024
Contract notice
Contract notice published 18 November 2024.
Release c7cad57d-d9d6-435d-a652-7030fb8bde88
View this release on Contracts Finder (opens in a new tab)

05/ Limits

What the source does not tell us

Only one release is held, so there is no change history.

06/ Questions

About this notice

Ofgem published this notice.

Estimated value stated in the notice: £50,000.

08/ Related

Where to go next

These links follow a fixed rule applied to this notice’s buyer, text and CPV codes. They are not advice on whether to bid.

Reference: c7cad57d-d9d6-435d-a652-7030fb8bde88
Source: Contracts Finder
Stage: contract · Contract
Last verified: Sat 4 Apr 2026, 16:31 BST
Read at: Fri 23 Oct 2026, 07:28 BST

Built on published notices from Find a Tender and Contracts Finder.