Professional Advisory Services to Support OFGEM’s OFTO Team
Framework ceiling £6,520,000 across 3 suppliers or lots — the most the agreement may spend across all suppliers and call-offs, not a contract value.
This is a contract result notice, not an open opportunity. Details from the official award data.
OFTO licences, granted through the competitive process, confer certain rights and responsibilities on OFTOs, including the right to a regulated revenue stream for a defined period in return for provision of transmission services.
Through the tender process, interested parties have the opportunity to bid to become an OFTO.
The offshore transmission assets that the OFTO takes ownership of are acquired at a transfer value determined by the Authority.
Following transfer of ownership, the OFTO owns and manages the transmission assets (including the cables and associated connection equipment) between the offshore point of connection with the generator and the point of connection with the onshore network.
Following the transfer of ownership, the OFTO is required to comply with the licence conditions.
The revenue stream also includes mechanisms which adjust the OFTO’s regulated revenue stream for certain ‘pass-through’ items.
The Income Adjusting Event (IAE) is one such ‘pass-through’ revenue adjustment mechanism for costs and expenses that have arisen during the revenue term, for example, due to fault or failure of the system (subject to defined pre-requisites), or at the Authority’s discretion.
The Authority is responsible for the decision-making when such claims are made.
Other policy development and enforcement actions may also be required during the revenue stream.
This procurement is seeking expert consultancy services to support decision-making and policy development for all such requirements in the regime.
What the notice asks for
Following the transfer of ownership, the OFTO
Following the transfer of ownership, the OFTO is required to comply with the licence conditions.
The Authority is responsible for the decision-making
The Authority is responsible for the decision-making when such claims are made.
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, none in explicit obligation language. Each one is quoted from the notice.
Professional Advisory Services to Support OFGEM’s OFTO Team
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
Reveal who to approach at Ofgem, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- ocds-h6vhtk-02d9f8
- Stage
- award · Awarded
- Source
- Find a Tender
- Buyer ref
- 001122-2022
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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