Source: https://tendernation.io/opportunities/01a13cdd-874e-73a1-be02-850d0e4b4c90/board-effectiveness-review

awarded GB open procedure Suitable for SMEs

# Board Effectiveness Review

[Ofgem](https://tendernation.io/buyers/ofgem)

Estimated value

£52,530

Published

10 Sept 2024

Deadline

Closed

20 Aug 2024

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies.

Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including:

- Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and
- Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.

## CPV classification

Performance review services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/415cc644-8e30-496d-af18-c01b5f2cedf5)

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