Revenue Term Policy Review & Marketing and Investor Engagement Support
£100,000 — awarded.
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
Ofgem require consultants to conduct work related to the Revenue Term policy for the Offshore Transmission Owner (OFTO) Regime which has evolved over a series of tender rounds.
Prior to Tender Round 6 TR6, the policy was a ~ 20-year Tender Revenue Stream (TRS).
Since TR6, the revenue term has increased to ~ 25 years (the exact term can vary project to project).
There has been a number of considerations that have impacted Ofgem's choice of the appropriate revenue term policy for OFTO, notably: the expected life of offshore windfarms; the expected technical life of OFTO assets; precedent of the revenue term in other contexts (e.g.
Private Finance Initiative); the attractiveness of different revenue terms to different financing solutions.
Ofgem required a study to be created that reviewed the impact of moving to a 30-year (or longer) TRS.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
Ofgem require consultants to conduct work related to the Revenue Term policy for the Offshore Transmission Owner (OFTO) Regime which has evolved over a series of tender rounds.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
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- OCID
- 085244ba-10ff-40eb-aa04-1fabef532f4b
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- MT231124
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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