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Official procurement procedure
Management and Allocation of Voluntary Redress Payments
Financial consultancy services
Financial consultancy
financial transaction processing and clearing-house services
+6 more
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Ofgem: "Management and Allocation of Voluntary Redress Payments". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Ofgem | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Ofgem
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Ofgem. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
12.7Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 30 active published awards; 30 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityOfgem | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published19 Apr 2022, 16:36 BST | Last source update19 Apr 2022, 16:36 BST | Recurring procurementNot published |
ClassificationFinancial consultancy services, Financial consultancy, financial transaction processing and clearing-house services, Financial management consultancy services, Financial market operational services, Financial market regulatory services, Financial markets administration services, Financial transaction processing and clearing-house services, Project management consultancy services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-02e33c | ||
What is being bought
This award is for an expert Service Provider to provide efficient financial management of voluntary redress monies, including receiving the funds, ring-fencing them, and awarding grants to suitable recipients.
What changed
From the official release history
- tender value changed
19 Apr 2022, 16:36 BST - Status changed to complete
19 Apr 2022, 16:36 BST - Official notice release published
19 Apr 2022, 16:36 BST - Submission deadline changed to published date
19 Apr 2022, 16:36 BST - Published value updated to £2,000,000
21 Sept 2021, 16:44 BST - Status changed to active
21 Sept 2021, 16:44 BST - Official notice release published
21 Sept 2021, 16:44 BST - Submission deadline changed to 26 Oct 2021, 12:00 BST
21 Sept 2021, 16:44 BST - Buyer information updated
21 Sept 2021, 16:44 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcancelledPublished valueNot publishedAn award to an expert with experience in allocating funds to charitable organisations and with knowledge of the needs of energy consumers across Great Britain, to allocate voluntary redress payments (the “Service Provider”) to support Ofgem in meeting its objective of protecting the interests of existing and future energy consumers.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
19 Apr 2022, 16:36 BST - Award active
Not published · Not published - Contract active
Signed 4 Apr 2022, 00:00 BST · £2,000,000
Commercial outcome and competition
Awards Energy Saving Trust Enterprises Ltd Not published · Not published · active |
Contracts Contract £2,000,000 · signed 4 Apr 2022, 00:00 BST · active |
Bid statistics bids: 1 (lot 1) electronicBids: 1 (lot 1) foreignBidsFromEU: 1 (lot 1) foreignBidsFromNonEU: 0 (lot 1) smeBids: 1 (lot 1) |
Buyer and organisations in this procedure
Ofgem
Contracting authority GB-FTS-7406Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published