Regulator turns spotlight on its own spending plans_2

Energy regulator Ofgem is to get a taste of its own medicine as it revamps its procurement practices and imposes strict price controls on its spending.

Roy Field, director of finance at Ofgem and in charge of procurement, told SM that although a review of how the regulator spends its money was in the early stages, procurement would be under heavy scrutiny.

"It is very early days but this is an area of opportunity for us and I am sure that procurement will form an important part of the review," he said.

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