Agreed-Upon Procedures Review of Energy Standing Charge Levelisation for Ofgem
Ofgem · Awarded contract
AwardedAgreed-Upon Procedures Review of Energy Standing Charge Levelisation for Ofgem
Awarded 20 Oct 2024
Awarded20 Oct 2024
Value£50,000.00
SupplierForvis Mazars Llp
AgencyOfgem
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 1y 7mo ago5mo term
Awarded 20 Oct 2024Expired 30 Mar 2025
About
Ofgem awarded a contract to Forvis Mazars Llp for an agreed-upon procedures review of the Standing Charge Levelisation process, which equalises energy standing charge costs between prepayment and non-prepayment customers via a Levelisation Allowance in the Price Cap.
The review supports supplier reconciliation by difference mechanisms and involves calculations performed by Ofgem and the Retail Energy Code Company (RECCo) through jointly owned systems.
The contract value is £50,000.
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Agreed-Upon Procedures Review of Energy Standing Charge Levelisation for Ofgem
Won by Forvis Mazars Llp · Ofgem
£50Kawarded
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