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2025-056 Financial Adviser for OFTO TR13

Ofgem

Buyer Contact Info

Buyer Name: Ofgem

Buyer Address: 10 South Colonnade, Canary Wharf, London, E14 4PU, England

Contact Name: Lynsey Gordon

Contact Email: procurement2@ofgem.gov.uk

Contact Telephone: +44 2079017000

Status
complete
Procedure
open
Value
1834867.2 GBP
Published
17 Sep 2025, 16:45
Deadline
01 Jan 2025, 00:00
Contract Start
07 Sep 2025, 23:00
Contract End
07 Sep 2029, 22:59
Category
services
CPV
66170000 - Financial consultancy, financial transaction processing and clearing-house services
Region
n/a
Awarded To
Smith Square Partners LLP
Official Source
Open Contracts Finder

Description

Ofgem is required to run a tender exercise for all offshore transmission (OFTO) projects that qualify under the OFTO Tender Regulations 20151. The next offshore tender round - Tender Round 13 (TR13) - Ofgem is launching in September 2025. Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR13 and without this, Ofgem will be unable to run an effective tender process for this tender round. To facilitate a robust tender evaluation process, Ofgem requires the services of a supplier on various aspects of the tender and transaction process. This will include advice and support to Ofgem on areas such as market capacity, existing funding models and options, key financial parameters to be reflected in the process (e.g. indexation policy), input to the design and content of tender questionnaire criteria and documentation, evaluation of bidder submissions, as well as various aspects of financial assessment required to bring the project to close/appoint an Offshore Electricity Transmission (OFTO).

Linked Documents

No linked documents found for this notice.

Opportunity Context

Raw Notice JSON

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