Published date: 28 January 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 17 December 2021, 12am

Contract summary

Industry

  • Petroleum products, fuel, electricity and other sources of energy - 09000000

  • Electricity, heating, solar and nuclear energy - 09300000

  • Energy and related services - 71314000

    • Energy-management services - 71314200

    • Business analysis consultancy services - 72221000

    • Research consultancy services - 73210000

    • Development consultancy services - 73220000

    • Business and management consultancy and related services - 79400000

    • Business and management consultancy services - 79410000

    • Business development consultancy services - 79411100

Location of contract

Any region

Value of contract

£755,604

Procurement reference

MT225113

Published date

28 January 2022

Closing date

17 December 2021

Closing time

12am

Contract start date

20 December 2021

Contract end date

31 March 2022

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

In 2018 the Domestic Gas and Electricity (Tariff Cap) act was passed. The Act sets out the framework for a temporary cap on domestic energy standard variable tariffs (SVTs) and default tariffs. It also sets out that Ofgem is responsible for developing and implementing the methodology for setting the level of the cap.
Ofgem introduced the methodology for setting the cap via licence conditions in November 2018, and the cap came into force on 1 January 2019.
Support is required by Ofgem to provide resource to deliver a number of elements linked to the Statutory deadlines surrounding the price cap update on the 7th February.
Ofgem also requires support in analysis and drafting of a Price Cap Reform policy consultation document for publication around 30 January. The consultation is expected to then last around four weeks. The policy consultation will set out detail on Ofgem's main policy options for reforms to the cap to address key challenges relating to wholesale market volatility, including changes to the observation window and the 'evergreen' nature of the cap.

More information

Links

Award information

Awarded date

17 December 2021

Contract start date

20 December 2021

Contract end date

31 March 2022

Total value of contract

£755,604

This contract was awarded to 1 supplier.

Pricewaterhouse Coopers Llp (Pwc)

Address

1 Embankment Place, , London

Reference

Companies House number: OC303525

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Lynsey Gordon

Address

10 South Colonnade
Canary Wharf
London
E14 4PU
England

Telephone

+44 2079017000

Email

procurement2@ofgem.gov.uk

Website

http://www.ofgem.gov.uk