OpenUnited Kingdom
Provision of Regulatory Risk and Decision Support Capability
Key facts
- Country
- United Kingdom
- Region
- UKE42
- Estimated value
- £2.5M
- Procedure
- Competitive flexible procedure
- Published
- Source
- UK Find a Tender
Description
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…
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