Board Effectiveness Review

A Contract Award Notice
by OFGEM

Source
Contracts Finder
Type
Contract (Services)
Duration
5.5 month
Value
£53K
Sector
PROFESSIONAL
Published
10 Sep 2024
Delivery
02 Sep 2024 to 10 Feb 2025
Deadline
20 Aug 2024 11:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies. Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including: a) Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and b) Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.

Award Detail

1 Campbell Tickell (London)
  • Value: £52,530

CPV Codes

  • 79313000 - Performance review services
  • 72221000 - Business analysis consultancy services
  • 79411100 - Business development consultancy services
  • 79400000 - Business and management consultancy and related services
  • 79419000 - Evaluation consultancy services

Indicators

  • Contract is suitable for SMEs.

Other Information

NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided https://www.mytenders.co.uk/search/show/search_view.aspx?ID=SEP168664

Reference

Domains