Award notice observed
Latest variant observed by Bidwake on .
Open this official Contracts Finder notice
Record references
- Release reference
0c4a5613-341b-4520-acb8-11d0fad61dfa-715371- Published tags
- award
Loading records…
Public procurement
See the published facts, notice history, awards and supplier links in one place. Open the original Contracts Finder notice for the full record.
ocds-b5fd17-962c6504-c6d8-425b-b3a0-607d56b20300Published facts
0c4a5613-341b-4520-acb8-11d0fad61dfa-715371The 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 Ofgem's cost assessment process; the second module, opportunities for greater standardisation of the Sale and Purchase Agreement (SPA); and the third module will develop a cash incentive mechanism that takes account of the findings from the two other modules.
Observed notice trail
Events follow the publisher date where one is available. “Seen by Bidwake” is the date this service first found the record.
Award notice observed
Latest variant observed by Bidwake on .
Open this official Contracts Finder notice
0c4a5613-341b-4520-acb8-11d0fad61dfa-715371Awards and suppliers
Buyer: OfgemSupplier: Smith Square Partners Llp
ocds-b5fd17-962c6504-c6d8-425b-b3a0-607d56b20300-1End dates, recurrence wording and links are shown as they appear in public notices. They do not create a new opportunity. If no later linked record appears here, that means Bidwake did not find one in the records it has loaded; it does not prove that none exists.