Price Cap True-Up Advisory Services for Ofgem's Default Tariff Cap
Ofgem · Awarded contract
AwardedPrice Cap True-Up Advisory Services for Ofgem's Default Tariff Cap
Awarded 18 Nov 2021
Ended 4y 5mo ago7mo term
Awarded 18 Nov 2021Expired 16 June 2022
About
Ofgem awarded a contract to PricewaterhouseCoopers LLP (PwC) for advisory services on the default tariff cap, specifically to assist with determining the appropriate level for the COVID debt cost allowance, taking into account debt costs actually experienced by suppliers and amounts recovered through the cap, a process termed the 'true-up'.
The work fed into a decision at the start of August 2022.
The contract value was £266,616.
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