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RIIO-ED2 PCFM Financial Model Audit

Ofgem Published 24 Mar 2022 Contracts Finder

key details

Value£91,000
Statuscomplete
Category (CPV) 79212000 +2 more
Deadline1 Jan 2022
Contract start1 Apr 2022
Contract end31 Mar 2023
Procedureopen
SME suitableYes
OCIDocds-b5fd17-bf006c90-aa8c-41b9-b0d2-6e8b54d44415

Award

SupplierValueDateStatus
Gridlines Group Limited £91,000 24 Mar 2022 active

description

Financial model audit services are required to provide assurance on the RIIO-2 Electricity Distribution Price Control Financial Model (RIIO-ED2 PCFM). The model acts as the official licence instrument for setting revenues for the Distribution Network Operators (DNOs). The audit is essential for providing external stakeholders with confidence in the model and will be an important mitigant against DNOs' appeals to the Competition and Markets Authority (CMA). As such the audit must be carried out by an external consultant.

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
24 Mar 2022 Award (award) · f02170e6-4443-4c2a-b54b-a83f0a8a2bb5-521415

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