Source: https://tendernation.io/opportunities/01a13cea-b838-72d0-a388-6d5e6bc17a70/ofto-policy-review

awarded GB open procedure Suitable for SMEs

# OFTO Policy Review

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

Estimated value

£215,500

Published

18 Jan 2024

Deadline

Closed

1 Jan 2024

## Who can bid

- Buyer says suitable for SMEs

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

The 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.

## CPV classification

Financial management consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/962c6504-c6d8-425b-b3a0-607d56b20300)

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