2022-103 Economic Expertise to support work on ED2

This consultancy focuses on three areas; Frontier Shift Ofgem requires advice and support for its approach to ongoing efficiency (OE) and real price effects (RPEs) (together 'frontier shift') as part of the ED2 draft determinations in 2022. Totex Modelling The main aim of this task order is to support Ofgem in development of its approach to cost assessment at RIIO-ED2, in particular how cost assessment should use top down totex econometric modelling in challenge of DNO Reponses to our Draft Determination. The consultants will also provide general support in assessing any challenges to our Draft Determinations further developing and assessing the RIIO outputs and regulatory mechanisms where appropriate. LRE Uncertainty Mechanisms Support in finalising the detailed design of the secondary reinforcement volume driver and LV service volume driver.