Expired contract

Rating Agency Licences (FAME)

Details

Value
£63,774
Duration
1 year
Topic
Financial systems software package
Published
7 August 2023

Tender description

The licences procured under this contract will enable Ofgem: - To have unrestricted access to the reports - To be able to speak to analysts on their reports and view of the credit profile of clients - Provide market signal data to facilitate financial resilience oversight of those companies in our regulatory purview - Download financial data for presentation in Ofgem internal analysis - Access to wider market analysis and market conferences This procurement forms a component of enhancing the financial resilience surveillance at Ofgem.

Timeline

  1. Completed: Award date30 June 2023
  2. Completed: Award published7 August 2023
    Current notice
  3. Completed: Contract expiry date29 June 2024

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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