Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience
Details
- Supplier(s)
- NERA Economic Consulting
- Value
- GBP 177,000
- Duration
- 6 months
- Topic
- Financial consultancy, financial transaction processing and clearing-house services
- Published
- 23 February 2022
- Source
- uk:contracts_finder
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 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.
Timeline
- Completed: Award date16 February 2022
- Completed: Award published23 February 2022Current notice
- Completed: Contract expiry date15 August 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
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov |
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