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Awarded United Kingdom Services

2026-021 Econometrics and Economic Analysis

Reference ocds-b5fd17-08489271-ee5e-48b1-a58c-71f409345538 · Ofgem

Awarded to CEPA LLP for £3,000,000.

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Amounts and figures

£3,000,000
Estimated value

Description

Ofgem is seeking a consultancy or consortium to act as a strategic analytical partner to provide specialist economic, econometric and cost modelling advice to support the development and delivery of the ED3 electricity distribution price control, with additional call-off support for RIIO3 and preparatory work for the future RIIO4 framework where required. Under this contract, the supplier will provide specialist economic and econometric support to enable the development and delivery of ED3. This includes advising on the framework, reviewing methodological choices, and supporting Ofgem's cost assessment and detailed scrutiny of network company business plans. The supplier will evaluate the efficiency and justification of proposed expenditure and outputs, assess how companies address uncertainty and scenario driven cost variations, and test the coherence and deliverability of business plans. They may also support the design and calibration of outputs, incentives and uncertainty mechanisms, as well as provide analytical or advisory input in the event of any appeals following Final Determinations. In addition to ED3, the supplier may be commissioned to provide wider economic advice a…

Awards

Awarded toAmountDate
CEPA LLP £3,000,000 1 September 2026

Official publications

MediumReferenceDate
FTS d98a80c5-a261-4e1c-b372-deb3a9d0fd34-915224 23 September 2026
Contracts Finder d98a80c5-a261-4e1c-b372-deb3a9d0fd34-915224 23 September 2026

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Frequently asked questions

What is the deadline to bid for this tender?
The submission deadline is 1 January 2026. Check the official source, as dates can be modified.
What is the estimated value of this tender?
The estimated value published by the buyer is £3,000,000.
Who is the buyer of this tender?
The contracting authority is Ofgem (United Kingdom).
How can I bid for public tenders in the United Kingdom?
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Data collected from official public procurement sources. Amounts as published by the buyer.