Management and Allocation of Voluntary Redress Payments

Concepts

• financial management
• voluntary redress payments
• management
• efficient financial management of voluntary redress monies
• allocation of voluntary redress payments
• project management
• expert service provider
• great britain
• knowledge of the needs of energy consumers
• charitable organisations

Location

London

Description

This award is for an expert Service Provider to provide efficient financial management of voluntary redress monies, including receiving the funds, ring-fencing them, and awarding grants to suitable recipients.

Total Quantity or Scope

An award to an expert with experience in allocating funds to charitable organisations and with knowledge of the needs of energy consumers across Great Britain, to allocate voluntary redress payments (the “Service Provider”) to support Ofgem in meeting its objective of protecting the interests of existing and future energy consumers.

Award Detail

Award Criteria

CPV Codes

• 79412000 - Financial management consultancy services
• 66152000 - Financial market regulatory services
• 66151000 - Financial market operational services
• 66150000 - Financial markets administration services
• 66170000 - Financial consultancy, financial transaction processing and clearing-house services
• 66171000 - Financial consultancy services
• 66172000 - Financial transaction processing and clearing-house services
• 72224000 - Project management consultancy services

Indicators

• Award on basis of price.

Other Information

(MT Ref:226039)