Expired contract

Ofgem 2021-123 Benchmarking Advisor to provide support on OFTO transactions T7 T8 and T9

Details

Value
£150,000
Duration
3 years
Topic
Financial consultancy services
Published
31 August 2022

Tender description

Award of a contract for the services of a benchmarking adviser to ensure that the most competitive pricing of any financial instrument is achieved at Financial Close and a clear and transparent process is followed in arriving at this pricing.

Timeline

  1. Completed: Award date25 August 2022
  2. Completed: Award published31 August 2022
    Current notice
  3. Completed: Contract expiry date24 August 2025

About the buyer

Office of Gas and Electricity Markets (Ofgem) is Britain's energy regulator, a non-ministerial government department. Most goods and services are bought through Crown Commercial Service frameworks, chiefly its Energy and Economic Services and Advice agreement. Lots span gas and electricity engineering, distributed energy resources, and economic and financial advice.

Ofgem then runs a further competition or awards work directly to a supplier on the relevant lot.

Over the past 5 years, most of Ofgem's contract awards have been in business services, software and information systems, and IT services.

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Decision makers

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