Published date: 4 April 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Electricity, heating, solar and nuclear energy - 09300000
Financial consultancy services - 66171000
Energy and related services - 71314000
Location of contract
Any region
Value of contract
£600,000
Procurement reference
MT234265
Published date
4 April 2025
Closing date
1 January 2025
Closing time
12am
Contract start date
3 April 2025
Contract end date
2 April 2028
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Ofgem require a supplier with specialist economic support to provide economic and financial policy advice on the regulatory regime design of a new cap and floor regime to support investment in Long Duration Electricity Storage (LDES). To support Ofgem's work on both developing and running efficient processes to make decisions around awarding "cap and floor" support, the supplier will provide economic support in relation to policy and delivery.
More information
Links
-
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=APR169605
- Tender notice
- NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.
Award information
Awarded date
2 April 2025
Contract start date
3 April 2025
Contract end date
2 April 2028
Total value of contract
£600,000
This contract was awarded to 1 supplier.
Cepa Llp
Address
Queens House, 55-56 Lincoln'S Inn Fields, London
Reference
Companies House number: OC326074
About the buyer
Contact name
Kirsty McVeigh
Address
10 South Colonnade
Canary Wharf
London
E14 4PU
England
Telephone
+44 2079017000
Website
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Closing: 1 January 2025, 12am
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