RFP QuestBeta
Awarded · ResultStage · contract

Ofgem

Financial Adviser for Offshore Transmission Tender Round 11 (TR11)

IT ServicesCPV 72221000 72224000 79400000 79410000 79412000
Value£100k
Awarded1 Jan 2024
Published26 Feb 2024
RegionUK-wide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£100ktotal contract value
median £120k
this tender£0£3.5m

This sits in the lower-middle of the IT Services band — a mid-scale opportunity. Based on 36,449 valued IT Services tenders in our corpus.

The brief

Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11).

Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder.

The capabilities and skills required by the successful supplier will be an ability to: * Advise Ofgem on design, implementation and management of the tender process, ensuring necessary quality assurance measures are in place. * Provide advice and input to technical information contained in tender documentation. * Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages. * Ensure that the evaluation is peer reviewed and internally moderated. * Work proactively and effectively with the financial and insurance advisers to facilitate an integrated final evaluation report. * Address uncertainties and risk in the OFTO regime where it will deliver value to consumers; and * Provide Ofgem with any technical advice necessary.

Key requirements

What the supplier must deliver

01

Ofgem requires support for the delivery

Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11).

02

Support is required to provide technical advice

Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder.

03

Provide advice and input to technical information

Provide advice and input to technical information contained in tender documentation.

04

Provide advice on technical aspects of bids

Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages.

05

Ensure that the evaluation is peer reviewed

Ensure that the evaluation is peer reviewed and internally moderated.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
6efba211-7fb8-4e82-9ce9-2f77a4afeec8
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
MT231394
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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