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Contract Details
| Title |
2021-116 Supplier Financial Stability Work United Kingdom |
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|---|---|---|---|---|
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| Country | ||||
| Language | English | |||
| Organization | ||||
| Published Date | 15.03.2024 | |||
| Awarded Date | 12.09.2021 | |||
| Overview | Contract Award's Details : 2021-116 Supplier Financial Stability Work Ofgem 2021-116 Supplier Financial Stability Work In instances where an energy supplier is exiting the market, Ofgem& 039;s priority is to ensure that consumers& 039; interests are protected, including that their supplies of electricity and gas are not disrupted. Market exits can take the form of a commercial transaction between suppliers - one may buy the customer book of another for instance. They can also require direct regulatory intervention. Where this is the case Ofgem runs a competitive process to appoint an alternative supplier for customers of the failed supplier. This process is called the Supplier of Last Resort (SoLR) process. This contract is for support with: Project managing a project to assess and plan for a range of potential scenarios for risk of failure in the coming winter (in light of recent market conditions) * Broader project management of the Supplier Financial Stability work, including resource planning of any SoLR casework * Project management of individual SoLR cases as required * Coordinating with other teams around Ofgem to pool intelligence regarding suppliers& 039; financial status * Monitoring who has access to highly market sensitive information * Creating, improving and maintaining processes to gather, analyse and share information related to suppliers& 039; financial position United Kingdom Contract value : 216,000.00 GBP Contractors : KPMG LLP 07/09/2021 13/09/2021 06/06/2022 77624512 13/09/2021 Ofgem Address : 10 South Colonnade Canary Wharf E14 4PU, London http://www.ofgem.gov.uk Lynsey Gordon procurement2@ofgem.gov.uk +44 2079017000 United Kingdom United Kingdom Contract Awards United Kingdom ocds-b5fd17-74f0fb02-79eb-4603-b04d-266d2bc984b6-468222-mt223879 07/09/2021 06/06/2022 216,000.00 GBP | |||
| NAICS | ||||
| CPVS | ||||
| UNSPSC |
-
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| Regions | ||||
| Sectors |
Automobiles and Auto Parts
Non-Renewable Energy
Supply
Bridges and Tunnels
Energy
Postal and Courier Services
Roads and Highways-Bridge
Oil and Gas
Printing and Publishing
Railways-Rail-Railroad
Defence and Security
Electricity
Construction
Energy-Power and Electrical
Computer Hardwares and Consumables
Marine
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| Contractor | ||||
| Contract Value |
216,000.00 GBP
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URL | ||
| Share | ||||
United Kingdom
| Title |
|---|
2021-116 Supplier Financial Stability Work United Kingdom |
| Country |
| Language |
| English |
| Organization |
| Published Date |
| 15.03.2024 |
| Awarded Date |
| 12.09.2021 |
| Overview |
| Contract Award's Details : 2021-116 Supplier Financial Stability Work Ofgem 2021-116 Supplier Financial Stability Work In instances where an energy supplier is exiting the market, Ofgem& 039;s priority is to ensure that consumers& 039; interests are protected, including that their supplies of electricity and gas are not disrupted. Market exits can take the form of a commercial transaction between suppliers - one may buy the customer book of another for instance. They can also require direct regulatory intervention. Where this is the case Ofgem runs a competitive process to appoint an alternative supplier for customers of the failed supplier. This process is called the Supplier of Last Resort (SoLR) process. This contract is for support with: Project managing a project to assess and plan for a range of potential scenarios for risk of failure in the coming winter (in light of recent market conditions) * Broader project management of the Supplier Financial Stability work, including resource planning of any SoLR casework * Project management of individual SoLR cases as required * Coordinating with other teams around Ofgem to pool intelligence regarding suppliers& 039; financial status * Monitoring who has access to highly market sensitive information * Creating, improving and maintaining processes to gather, analyse and share information related to suppliers& 039; financial position United Kingdom Contract value : 216,000.00 GBP Contractors : KPMG LLP 07/09/2021 13/09/2021 06/06/2022 77624512 13/09/2021 Ofgem Address : 10 South Colonnade Canary Wharf E14 4PU, London http://www.ofgem.gov.uk Lynsey Gordon procurement2@ofgem.gov.uk +44 2079017000 United Kingdom United Kingdom Contract Awards United Kingdom ocds-b5fd17-74f0fb02-79eb-4603-b04d-266d2bc984b6-468222-mt223879 07/09/2021 06/06/2022 216,000.00 GBP |
| NAICS |
| Regulation and Administration of Communications Automatic Environmental Control Manufacturing for Residential Book Commercial Newspaper Regulation and Administration of Communications Book Sporting Goods Management Process |
| CPVS |
| Gases Supports Electricity, heating, solar and nuclear energy Intelligence, surveillance, target acquisition and reconnaissance Forms Book ends Electricity |
| UNSPSC |
| - |
| Regions |
| Europe Northern Europe |
| Sectors |
| Automobiles and Auto Parts Non-Renewable Energy Supply Bridges and Tunnels Energy Postal and Courier Services Roads and Highways-Bridge Oil and Gas Printing and Publishing Railways-Rail-Railroad Defence and Security Electricity Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine |
| Contractor |
| Contract Value |
|
216,000.00 GBP
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| URL |
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| Share |
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