2024-102 Board Effectiveness Review
Reference ocds-b5fd17-2d5c01c6-0ff9-4487-898e-1eb9c742b4c2 · Ofgem
Closed. Submission deadline: 20 August 2024.
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Description
Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies. Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including: a) Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and b) Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 0e77e54a-75dc-4839-9dd4-e20724f472be-773076 | 31 July 2024 |
| Contracts Finder | 0e77e54a-75dc-4839-9dd4-e20724f472be-773076 | 31 July 2024 |
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Frequently asked questions
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- The submission deadline is 20 August 2024, 12:00. Check the official source, as dates can be modified.
- Who is the buyer of this tender?
- The contracting authority is Ofgem (United Kingdom).
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