Provision of Regulatory Risk and Decision Support Capability

Description

NGN have the below essential requirements from the product solution: Asset risk regulatory reporting (Network Asset Risk Metrics - NARMs) - We have a licence obligation to report Asset Risk and Health annually to Ofgem. This process is currently undertaken through a combination of our current Regulatory Risk and Decision Support Tool generated outputs and Microsoft Excel based manipulation. Audit functionality is necessary as part of this requirement. 2. Cost Benefit Analysis - We need to execute a consistent, corporatised, risk and output-based cost benefit calculator to inform individual investment decisions and support future business plan submissions. 3. Delivery of RIIO-GD3 business plan commitments - We must monitor performance against our RIIO-GD3 plan, including an ability to identify areas of over/under performance. Full details can be found in the scope of works.