Closed tender

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

Details

Value
GBP 160,000
Topic
Financial consultancy, financial transaction processing and clearing-house services
Published
18 January 2022
Submission
1 February 2022

Tender description

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 successful tenderer 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. Please see attached 2021-191 Analytical Support and Economic Advice on Retail Resilience ITT document for further information.

Timeline

  1. Completed: Tender published18 January 2022
    Current notice
  2. Completed: Submission date1 February 2022

About the buyer

Office of Gas and Electricity Markets (Ofgem) is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66170000 · Financial consultancy, financial transaction processing and clearing-house services
  • 66171000 · Financial consultancy services
  • 71314000 · Energy and related services
  • 73000000 · Research and development services and related consultancy services
  • 73200000 · Research and development consultancy services
  • 73210000 · Research consultancy services
  • 79311400 · Economic research services
  • 79400000 · Business and management consultancy and related services
  • 79410000 · Business and management consultancy services
  • 79411100 · Business development consultancy services
  • 79412000 · Financial management consultancy services

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Decision makers

Connect with the people behind this procurement.

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