# Management and allocation of voluntary redress payments made by energy companies

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Contract winner: [Energy Saving Trust](/contract-winners/energy-saving-trust/public-sector-contract-awards)
- Award value: £500,000
- Tender value: £500,000
- Award date: 4 August 2017
- Published: 23 August 2017
- Contract start: 4 August 2017
- Contract end: 3 August 2019
- Stage: awarded
- Procurement category: services
- Notice ID: d1dbd0ce-1510-42c0-bc59-9c52439ae3db-167606
- OCID: ocds-b5fd17-faeae39d-b760-4a3b-84aa-491aa413d892

## Description

The Service Provider will be responsible for:Financial management of volunatary redress monies paid by energy companies;Identifying potential charitable recipients, to be allocated redress funding whose projects would achieve our objectives;Monitoring the projects and evaluating the use of the funds and taking action to ensure that the projects are delivering real benefits to consumers; andProviding regular reports on the performance against the objectives\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/d1dbd0ce-1510-42c0-bc59-9c52439ae3db-167606)