Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience
OFGEM · London
Key facts
- Contract value
- £177,000
- Awarded
- 16 Feb 2022
- Contract starts
- 16 Feb 2022
- Contract ends
- 15 Aug 2022
- Procedure
- Open procedure
- Buyer type
- Central government
Awarded to
| Supplier | Value |
|---|---|
| NERA UK Ltd | £177,000 |
Description
The role of this contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10. Actions 9 and 10 relate to mutualisation risk associated with renewable obligation (RO) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience. This will require the supplier to: * Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs * Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure * Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project.
Categories (CPV)
- 79311400 Economic research services
- 66171000 Financial consultancy services
- 73000000 Research and development services and related consultancy services
- 73200000 Research and development consultancy services
- 73210000 Research consultancy services
- 79400000 Business and management consultancy and related services
- 79410000 Business and management consultancy services
- 79411100 Business development consultancy services
- 79412000 Financial management consultancy services
- 66170000 Financial consultancy, financial transaction processing and clearing-house services
- 71314000 Energy and related services
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