# Ofgem 2022-022 ICIS Subscription

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

## Key facts

- Buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Supplier: ICIS
- Award value: £117,085
- Tender value: £117,085
- Award date: 15 February 2022
- Published: 23 March 2022
- Contract start: 15 February 2022
- Contract end: 31 December 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 95fe27d5-0757-4662-a498-2517c053ba8a-521065
- OCID: ocds-b5fd17-7747b084-0a0d-47a3-ae3a-4dc8c2920881

## Description

ICIS are market leaders in wholesale gas and electricity market commentary and price assessments\. Their price assessments are used as a standard across industry, including in the Ofgem price cap \(written into the methodology and requires a consultation to change\)\. Their services are required to provide price data for analysis across Ofgem and specifically for price cap calculations\. Their market commentary is the best source of wholesale market monitoring which is an essential output of the MIO team\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/95fe27d5-0757-4662-a498-2517c053ba8a-521065)