Ofgem · Awarded contract
Awarded

Legal Support for Energy Supplier Administration and SoLR Processes

Awarded 18 Oct 2021

View live tenders
Awarded18 Oct 2021
Value£440,000.00
AgencyOfgem
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 4y 7mo ago6mo term
Awarded 18 Oct 2021Expired 17 Apr 2022

Ofgem awarded a contract to Dentons UK and Middle East LLP for legal advice on the process for seeking the court's appointment of a special administrator under section 156 of the Energy Act 2004 (as applied to ESC administration by section 96 of the Energy Act 2011).

The external legal team was also required to advise on commercial solutions presented by failing suppliers and their investors, and may have been asked to support Supplier of Last Resort (SoLR) processes, including liaising with failing suppliers' professional advisers, working with counsel, and advising policy colleagues.

The contract value was AUD 440,000.

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