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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 AuthorityOfgemScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Ofgem
Market Analytics
View Authority Profile →
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
Requires at least 5 comparable procedures
Competition Density
12.7Bids / Report
10% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
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 Unpublished data stays unknown.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
  1. tender value changed
    19 Apr 2022, 16:36 BST
  2. Status changed to complete
    19 Apr 2022, 16:36 BST
  3. Official notice release published
    19 Apr 2022, 16:36 BST
  4. Submission deadline changed to published date
    19 Apr 2022, 16:36 BST
  5. Published value updated to £2,000,000
    21 Sept 2021, 16:44 BST
  6. Status changed to active
    21 Sept 2021, 16:44 BST
  7. Official notice release published
    21 Sept 2021, 16:44 BST
  8. Submission deadline changed to 26 Oct 2021, 12:00 BST
    21 Sept 2021, 16:44 BST
  9. Buyer information updated
    21 Sept 2021, 16:44 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    An 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 published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    19 Apr 2022, 16:36 BST
  2. Award active
    Not published · Not published
  3. 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-7406
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published