RFP QuestBeta
Awarded · ResultStage · contract

OFGEM

Interconnector Third Window and MPI Pilot Regulatory Framework

Financial ServicesCPV 66171000
Value£412k
Awarded24 Feb 2023
Published17 Apr 2023
RegionUK-wide
Outcome — awarded

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

Contract value in context
£412ktotal contract value
median £150k
this tender£0£4.7m

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.

The brief

This procurement is to is to appoint a tenderer to support the Future Interconnection team within the Networks division.

Support is required to develop and undertake a cost-benefit analysis (CBA) on new interconnectors and Multi-Purpose Interconnectors (MPIs) that have applied to Ofgem's Third cap and floor application Window and the MPI pilot scheme respectively.

The CBA forms part of the Initial Project Assessment (IPA) to inform whether projects are granted a cap and floor regime in principle.

The CBA will assess the needs case of proposed projects, taking into account their socioeconomic value, wider network and environmental impacts, and against the existing interconnector landscape.

The needs case assessment ensures that projects are in consumers' interests, and along with a wider assessment of deliverability and maturity, the assessment will enable Ofgem to make informed decisions on whether projects should be awarded a cap and floor regulatory regime in principle.

The successful tenderer will be expected to deliver modelling based on a pre-defined methodology developed by Arup and published by Ofgem in 2022, assessing the impacts of proposed interconnector projects, and the interactions between them and the wider energy system.

The successful tenderer will then be expected to produce a publishable

Key requirements

What the supplier must deliver

01

This procurement is to is to appoint

This procurement is to is to appoint a tenderer to support the Future Interconnection team within the Networks division.

02

Support is required to develop and undertake

Support is required to develop and undertake a cost-benefit analysis (CBA) on new interconnectors and Multi-Purpose Interconnectors (MPIs) that have applied to Ofgem's Third cap and floor application Window and the MPI pilot scheme respectively.

03

The needs case assessment ensures that projects

The needs case assessment ensures that projects are in consumers' interests, and along with a wider assessment of deliverability and maturity, the assessment will enable Ofgem to make informed decisions on whether projects should be awarded a cap and floor regulatory regime in principle.

04

The successful tenderer will be expected

The successful tenderer will be expected to deliver modelling based on a pre-defined methodology developed by Arup and published by Ofgem in 2022, assessing the impacts of proposed interconnector projects, and the interactions between them and the wider energy system.

05

The successful tenderer will then be expected

The successful tenderer will then be expected to produce a publishable.

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

The gates

What this notice demands of you

1 named in obligation language, 0 mentioned. Each one is quoted from the notice.

Ofgem licence / scheme registrationsays mustRegulator registrations
Support is required to develop and undertake a cost-benefit analysis (CBA) on new interconnectors and Multi-Purpose Interconnectors (MPIs) that have applied to Ofgem's Third cap and floor application Window and the MPI pilot scheme respectively.

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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Source & provenance
OCID
687049d0-ac5d-4bcc-a9c3-5c1a4b242e14
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
MT229198
View the original notice on Contracts Finder

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

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