Financial Adviser for Offshore Transmission Tender Round 11 (TR11)
£473,700 — awarded.
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
Ofgem is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015.
The next offshore tender round - Tender Round 11 (TR11) - Ofgem is launching in early-February 2024.
Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR11 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 OFTO.
What the notice asks for
Ofgem is required to run a tender
Ofgem is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015.
Provision of financial consultancy support services
Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR11 and without this, Ofgem will be unable to run an effective tender process for this tender round.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named in obligation language, 0 mentioned. Each one is quoted from the notice.
Ofgem is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015.
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.
Make the case to bid
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Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- 62220c5e-39c8-4862-8f17-db281c021344
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- MT231299
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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