Price Cap - True Up

OfgemcontractContracts FinderRef MT224611SME suitablecomplete
View buyer

Estimated value

£267k

Awarded value

£267k

Awarded 17 Nov 2021

Suppliers

1

Lots

1

1 awarded

Published

25 Nov 2021

Deadline 01 Jan 2021

Description

This contract is for a team to work on the default tariff cap - specifically to assist with the appropriate level for the COVID debt cost allowance, taking into account the debt costs actually experienced by suppliers, and the amounts recovered through the cap. This process is termed the "true-up". This work will feed into a decision at the start of August 2022.

Scope

Reference
MT224611
Total value
£266,616 excluding VAT
Commercial tool
Standalone contract
Contract dates
18 Nov 2021 to 16 Jun 2022
CPV classifications
72221000 79400000 79410000 79411000 79411100
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
01 Jan 2021, 12:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£267k

Award date

17 Nov 2021

Contract start

18 Nov 2021

Contract end

16 Jun 2022