RFP QuestBeta
Awarded · ResultStage · contract

Ofgem

2024-102 Board Effectiveness Review

Business ServicesCPV 79313000 72221000 79411100 79400000 79419000
Value£60k
Awarded20 Aug 2024
Published31 Jul 2024
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£60ktotal contract value
median £66k
this tender£0£1.6m

This sits in the lower-middle of the Business Services band — a mid-scale opportunity. Based on 57,319 valued Business Services tenders in our corpus.

The brief

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.

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Source & provenance
OCID
0e77e54a-75dc-4839-9dd4-e20724f472be
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
MT232467
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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