RIIO-ED2 PCFM Financial Model Audit

A Contract Award Notice
by OFGEM

Source
Contracts Finder
Type
Contract (Services)
Duration
1 year
Value
£91K
Sector
BUSINESS
Published
24 Mar 2022
Delivery
01 Apr 2022 to 31 Mar 2023
Deadline
01 Jan 2022 00:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Financial model audit services are required to provide assurance on the RIIO-2 Electricity Distribution Price Control Financial Model (RIIO-ED2 PCFM). The model acts as the official licence instrument for setting revenues for the Distribution Network Operators (DNOs). The audit is essential for providing external stakeholders with confidence in the model and will be an important mitigant against DNOs' appeals to the Competition and Markets Authority (CMA). As such the audit must be carried out by an external consultant.

Award Detail

1 Gridlines Group (Manchester)
  • Value: £91,000

CPV Codes

  • 79212000 - Auditing services
  • 66171000 - Financial consultancy services
  • 79212100 - Financial auditing services

Indicators

  • Contract is suitable for SMEs.

Other Information

NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAR164062

Reference

Domains