Provision of Regulatory Risk and Decision Support Capability
This is a large award for IT Services — above three-quarters of comparable contracts. Based on 36,449 valued IT Services tenders in our corpus.
NGN have the below essential requirements from the product solution: Asset risk regulatory reporting (Network Asset Risk Metrics - NARMs) - We have a licence obligation to report Asset Risk and Health annually to Ofgem.
This process is currently undertaken through a combination of our current Regulatory Risk and Decision Support Tool generated outputs and Microsoft Excel based manipulation.
Audit functionality is necessary as part of this requirement.
2.
Cost Benefit Analysis - We need to execute a consistent, corporatised, risk and output-based cost benefit calculator to inform individual investment decisions and support future business plan submissions.
3.
Delivery of RIIO-GD3 business plan commitments - We must monitor performance against our RIIO-GD3 plan, including an ability to identify areas of over/under performance.
Full details can be found in the scope of works.
What the supplier must deliver
This process is currently undertaken through
This process is currently undertaken through a combination of our current Regulatory Risk and Decision Support Tool generated outputs and Microsoft Excel based manipulation.
We need to execute a consistent, corporatised
We need to execute a consistent, corporatised, risk and output-based cost benefit calculator to inform individual investment decisions and support future business plan submissions.
We must monitor performance against our RIIO-GD3
We must monitor performance against our RIIO-GD3 plan, including an ability to identify areas of over/under performance.
Derived from the notice text — always confirm against the original documents.
- OCID
- ocds-h6vhtk-065d64
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 017511-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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