Management and Allocation of Voluntary Redress Payments
This award is for an expert Service Provider to provide efficient financial management of voluntary redress monies, including receiving the funds, ring-fencing them, and awarding grants to suitable recipients.
Buyer
Ofgem
Value
£2,000,000
Published
19 Apr 2022
Closes
26 Oct 2021
Procurement details
Source
Find a Tender
Region
Tower Hamlets
Procurement method
Open
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
79412000
Financial management consultancy services
66152000
Financial market regulatory services
66151000
Financial market operational services
66150000
Financial markets administration services
66170000
Financial consultancy, financial transaction processing and clearing-house services
66171000
Financial consultancy services
66172000
Financial transaction processing and clearing-house services
72224000
Project management consultancy services
Lots
Lot 1 Management and Allocation of Voluntary Redress Payments
£2,000,000
An award to an expert with experience in allocating funds to charitable organisations and with knowledge of the needs of energy consumers across Great Britain, to allocate voluntary redress payments (the “Service Provider”) to support Ofgem in meeting its objective of protecting the interests of existing and future energy consumers.
Delivery: United Kingdom
Documents
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