# Ofgem 2021-191 Analytical Support and Economic Advice on Retail Resilience

> A sourced UK public sector contract award published by Ofgem.

## Key facts

- Buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Tender value: £170,000
- Published: 18 January 2022
- Contract start: 14 February 2022
- Contract end: 13 August 2022
- Stage: open_tender
- Procurement category: services
- Notice ID: 1e9701fd-b6d5-4d4f-b311-a983e207d8b0-502045
- OCID: ocds-b5fd17-6dcc3a89-60db-4725-81ff-ed58ade8de11

## Description

The role of this Contract is to provide economic advice and analytical support to inform Ofgem's approach to delivering its retail financial resilience action plan - in particular actions 9 and 10\. Actions 9 and 10 relate to mutualisation risk associated with renewable obligation \(RO\) payments and credit balances and developing a stronger regulatory framework for supplier financial resilience\. This will require the successful tenderer to: \* Provide analysis and modelling on retail market related data to inform Ofgem's policy development - including wholesale prices, hedging strategies and mutualisation costs \* Quantify the costs and benefits of potential policy options to inform resolution of issues such as costs of supplier failure \* Advise on economic theory and concepts, and offer potential approaches to resolving problems - as they relate to the issues in scope of this project\. Please see attached 2021-191 Analytical Support and Economic Advice on Retail Resilience ITT document for further information\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/1e9701fd-b6d5-4d4f-b311-a983e207d8b0-502045)