Find a TenderAwarded

Published 3 Dec 2021, 10:55 GMT

Official UK procurement notice

Design Options for Nodal Pricing in GB

Authority: Ofgem (Public body)

ServicesOpen procedureSME suitable

Sectors: Petroleum products, fuel, electricity and other sources of energy (09)Architecture & Engineering (71) Delivery: London (UKI)

Published estimate£350,000exc. VAT

Submissions closed 17 Jan 2022awarded 23 Mar 2022

Awarded to FTI Consulting LLP

What is being bought

Published requirement description

This procurement is for a party to support and work alongside Ofgem in delivering a technical assessment of nodal pricing for GB.

Ofgem is keen to investigate further the potential of nodal pricing in enabling a cost-effective, secure pathway to Net Zero for the whole energy system. Greater locational and temporal market signals have the potential to drive more efficient use of system assets and lower total system costs by:

incentivising optimal demand and supply responses (in the right place at the right time);
stimulating innovation in storage and demand response in the places it is needed; and
supporting competition between demand/storage solutions and new network capacity.

CPV: Electricity · Energy and related services · Energy-efficiency consultancy services

The lotProcurement structure

single lot · no lot value published

Lot #1This contract is for an overarching assessment of the value of nodal pricing to GB…AwardedRenewal

This contract is for an overarching assessment of the value of nodal pricing to GB consumers and in achieving the UK’s decarbonisation targets.

Delivery: London · London

Extensions: optional 2 months extension at the Authority’s discretionVariant bids: not allowed

09310000 Electricity 71314000 Energy and related services 71314300 Energy-efficiency consultancy services

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Quality: 75%Price: 25%

Published sub-criteria (2)

Technical: 75%
Commercial: 25%

Published award criteria (2)

Technical: 75
Commercial: 25

Staff: Names and qualifications of delivery staff must be submitted

What this means for your bid

Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: No (one-off requirement)
First published: 3 Dec 2021, 10:55 GMT
Last source update: 30 Mar 2022, 15:23 BST
Award evaluation window: 17 Jan 2022 – …
Authority reference: 2021-153
FTS notice number: 2022/S 000-008579
Classification (CPV): ElectricityEnergy and related servicesEnergy-efficiency consultancy services
Delivery area: London (UKI)
Official registry OCID: ocds-h6vhtk-02fcd0 Find a Tender

Contract terms

Electronic trading: e-invoicing allowed · electronic payment

Publisher note: (MT Ref:225598)

How it was run

Official notice

Run through: mytenders · Who buys & how to bid on myTenders

Supplier login requiredLanguage: EN

Access & registration note: Free publication showcase; bidding happens on buyer portals

Tender documents are also served through a separate tool: https://www.mytenders.co.uk ↗

Submission deadline: 17 Jan 2022, 12:00 GMT
Submission channel: {"electronicSubmission"}
Accepted languages: en
Bids opened: 17 Jan 2022, 12:00 GMT

Detailed submission instructions & authority contactsFrom official release

www.mytenders.co.uk ↗

Timeline

17 Jan 2022 → 18 Apr 2022 · 4 dates

Submission deadline
17 Jan 2022, 12:00 GMT
Bids opened
17 Jan 2022, 12:00 GMT
Notice published
30 Mar 2022, 15:23 BST
Bids must remain valid until
18 Apr 2022, 23:59 BST

Notice history

1 event · 2 releases on Find a Tender

Status changed to complete
30 Mar 2022, 15:23 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £350,0001 contract exc. VAT

Bids received 95 from SMEs

Contracts signed 1latest 23 Mar 2022

Awarded to	Value	Date	Status
FTI Consulting LLP	£350,000 †	—	Awarded

Contracts

Contract 008579-2022-Con Spec 2021-153-1 · FTI Consulting LLP
Signed
23 Mar 2022
Value
£350,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
9bids · 9 electronic · 9 from abroad	5	—	—

Contracting authority & participating public bodies

Ofgem

Contracting authorityPublic bodyBody governed by public lawGeneral public services 10 South Colonnade, Canary Wharf, London, London, E14 4PUContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

Public Procurement Review ServiceReview body LondonContact email, phone

Bidders & participating suppliers

1 commercial party on the notice

FTI ConsultingAwarded supplier 200 Aldersgate , Aldersgate Street, London, London, EC1A 4HDContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria