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Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience

Ofgem Published 23 Feb 2022 Contracts Finder

key details

Value£177,000
Statuscomplete
Category (CPV) 79311400 +10 more
RegionLondon
Deadline1 Feb 2022
Contract start16 Feb 2022
Contract end15 Aug 2022
Procedureopen
SME suitableYes
OCIDocds-b5fd17-c59f4448-86a8-4222-84e3-ace36ec1f8ee

Award

SupplierValueDateStatus
Nera Uk Ltd £177,000 16 Feb 2022 active

description

The role of this contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10. Actions 9 and 10 relate to mutualisation risk associated with renewable obligation (RO) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience. This will require the supplier to:

  • Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs
  • Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure
  • Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project.

documents

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
18 Jan 2022 Tender (tender) · 1e9701fd-b6d5-4d4f-b311-a983e207d8b0-502045

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