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This procurement is for auditors to be employed by the Authority, to carry out asset management audits and engineering asset assurance inspections at gas and electricity sites. Ofgem requires a supplier to assess, inspect and investigate the asset management systems and equipment of licensees with a view to providing assurance that suitable governance is in place and equipment is being maintained in accordance with the relevant standards in practice. In order to do so, the suppliers may be required, but not limited to the following pieces of work: Item 1 The suppliers would provide their expert view on the following: Whether the Licensee’s asset management policies and procedures are fit for purpose and consistent with international best practice. Additionally, the supplier would provide an assessment of asset management maturity within the organisation. Whether licensees are following these policies and procedures correctly, in terms of the monitoring, maintenance and repair/replacement of their assets and whether the staff responsible for completing these procedures are appropriately trained. Whether licensees are accurately recording these activities, including into Network As
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