RFP QuestBeta
Awarded · ResultStage · contract

Ofgem

Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience

Business ServicesCPV 79000000 79300000 79310000 79311000 66000000 66100000 66170000 73000000 73200000 79400000 79410000 79411000 71000000 71300000 71310000
Value£177k
Awarded1 Feb 2022
Published23 Feb 2022
RegionUK-wide
Outcome — awarded

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

Contract value in context
£177ktotal contract value
median £66k
this tender£0£1.6m

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 brief

The role of this contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10.

Actions 9 and 10 relate to mutualisation risk associated with renewable obligation (RO) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience.

This will require the supplier to: * Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs * Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure * Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project.

Key requirements

What the supplier must deliver

01

The role of this contract is

The role of this contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan.

02

Provide analysis and modelling on retail market

Provide analysis and modelling on retail market related data to inform Ofgem's policy development.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

Make the case to bid

Reveal who to approach at Ofgem, and generate a go-to-market strategy from their news, accounts and people.

Source & provenance
OCID
a97ba18f-c825-410c-82cd-43df91f6275f
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
MT225520
View the original notice on Contracts Finder

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

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