Contracts Finder · Award

OFTO Policy Review

A public procurement published by Ofgem via Contracts Finder.

Contracts FinderAward
£215.5k
Award value
£215.5k
Tender value
1
Suppliers
1
Awards
1
Notices
Award
Stage

Overview

The processes for bidding for OFTOs does not always meet the targeted dates in the timetable set out in the ITT. The objective of this process efficiency review is to stand back and examine the processes that have built up in the ITT phase to assess whether there are changes that can be made that are within Ofgem's control which will help drive efficiencies in the ITT bidding process and shorten the length of the subsequent Preferred Bidder to Financial Close stage. Consideration should also be given as to whether an incentive mechanism would be beneficial to drive behaviour further. This is to be structured as 3 workstreams which will run broadly in parallel. The first module will review…

Key details

Buyer
Ofgem
Source
Contracts Finder
Lifecycle stage
Award
Status
complete
CPV classification
79412000 — Financial management consultancy services
Currency
GBP
Total award value
£215,500
Tender value
£215,500
First published
18 Jan 2024
Last updated
18 Jan 2024
View the original notice

Awards

1 award recorded on this procurement.

SupplierCompanies HouseAwardedStatusValue
Smith Square PartnersOC35768217 Jan 2024active£215.5k

Notice timeline

Every published notice in this procurement's lifecycle.

  1. Award noticeOFTO Policy Review

All suppliers

Frameworks & programmes

More from Ofgem

FAQs about this procurement

Who is the buyer for "OFTO Policy Review"?

OFTO Policy Review is a UK public-sector procurement published by Ofgem via Contracts Finder.

Has "OFTO Policy Review" been awarded?

Yes — 1 award is recorded, with a reported total value of £215,500. The current lifecycle stage is "Award".

Which suppliers are involved in "OFTO Policy Review"?

1 supplier is linked: Smith Square Partners.

What is "OFTO Policy Review" worth?

The reported award value is £215,500.

When was "OFTO Policy Review" published?

It was first published on 18 Jan 2024 and last updated on 18 Jan 2024, across 1 notice.

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