Industries
In a regulated market the deadline is set by someone else, the standard of evidence is higher, and the cost of getting it wrong is not only financial.
PEF Consulting Partners specialises in regulated markets, with leadership that has sat on the regulator’s side of the table: compliance and enforcement lead on Ofgem’s multi billion pound Energy Bills Support Scheme and consultation work on the energy price cap. We know what the regulator actually looks for, because we have been the ones looking.
We work with organisations delivering change under regulatory obligation, including work with Ofgem and Smart DCC. The common thread is evidence: a plan and a set of controls that will satisfy a regulator, not only an internal audit committee.
Turning a regulatory obligation into a deliverable programme with a credible plan, clear ownership and evidence that will satisfy a regulator rather than only an internal audit committee.
The data, process and control infrastructure behind recurring regulatory returns, so that reporting is repeatable rather than reassembled by hand each period.
Programmes that depend on other participants, central bodies and industry timetables, where much of your delivery risk sits outside your own organisation.
An evidence based position for the board on whether a compliance programme will actually land on time. See delivery excellence.
Licence condition changes, regulatory reporting and market wide programmes, delivered with the evidence Ofgem expects to see.
Turning supply licence obligations into working processes, and reporting that shows you meet them.
Business plans, commitment delivery and assurance for network companies through the RIIO price control.
Delivery under regulatory scrutiny is where our leadership has spent much of its career. A few examples:
If you need a compliance programme that a regulator will accept and that will actually land on time, we can help you build it and prove it. Senior people, evidence led, honest about risk.