Audit of Data Communications Company

GreatbritainTenders notice for Audit of Data Communications Company. The reference ID of the tender is 61260994 and it is closing on 18 Feb 2022.

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Tender Details

  • Country: United Kingdom
  • Summary: Audit of Data Communications Company
  • GBT Ref No: 61260994
  • Deadline: 18 Feb 2022
  • Competition: ICB
  • Financier: Self Financed
  • Purchaser Ownership: -
  • Tender Value: Refer Document
  • Notice Type: Tender
  • Document Ref. No.: MT224806
  • Purchaser's Detail :
  • Purchaser : OFGEM
    10 South Colonnade, Canary Wharf London E14 4PU England
    Email :Procurement2@ofgem.gov.uk

  • Description :
  • Title : Audit of Data Communications Company
    Location Of Contract : Scotland, North East, Yorkshire and the Humber, North West, East Midlands, West Midlands, East of England, South East, South West, Wales, Northern Ireland, Any region, London, Isle of Man, Channel Islands
    Industry : Auditing services - 79212000
    Value Of Contract : £0
    Description : Ofgem is seeking an independent auditor to annually assess the Data Communications Company's (DCC's) contract management and procurement activities.The DCC is the central communications body licensed to provide the communications, data transfer and management required to support smart metering. DCC was appointed using an outsourced service model, to manage contracted smart metering service providers. As such, external costs compose the largest proportion of DCC's costs, and it is critical that these contracts are entered into, managed and closed out effectively and efficiently. Each year, Ofgem scrutinises DCC's incurred and forecast costs through the annual Price Control process to determine whether these costs are economic and efficient. Alongside the cost assessment, DCC also faces financial incentives under the Operational Performance Regime (OPR).The audit will run on an annual cycle alongside Ofgem's annual price control process and is expected to have four main stages: evaluation, reporting, consultation and decision. The evaluation stage is expected to take six weeks...
  • Documents :
  •  Tender Notice

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