2022-074 Retail Specialist Support Contract Award

A Contract Award Notice
by OFGEM

Source: Find a Tender
Type: Framework (Services)
Duration: not specified
Value: £8M

Sector: BUSINESS
Published: 11 Jan 2024
Delivery: not specified
Deadline: n/a

Concepts

Location

London

Geochart for 2 buyers and 1 suppliers

2 buyers

Ofgem London

1 supplier

Ernst & Young London

Description

Provision of financial management and project support for the Authority in relation to Retail Markets.

Total Quantity or Scope

To appoint a successful tenderer(s) to provide professional expertise and support to the Authority's Retail Directorate in the following areas: - Wholesale (levy claims) - Regulatory finance - Designing price controls, business handover expertise and expertise in designing regulatory incentives - Other technical support/Expertise as agreed

Award Detail

1	Ernst & Young (London) Reference: 2022-074 Num offers: 5 Value: £8,000,000

Award Criteria

Experience of Delivery Areas	30.0
Management	10.0
Staff Turnover and Sufficient Resource	10.0
Social Value	10.0
PRICE	40.0

CPV Codes

66171000 - Financial consultancy services
72224000 - Project management consultancy services

Indicators

Award on basis of price.

Legal Justification

Procurement was carried out via a Further Competition using an existing Crown Commercial Services Framework - RM61873 Management Consultancy Framework Lot 4 Finance.