2025-087 Financial Advisors to OFTO Team for Tender & Policy

A Prior Information Notice
by OFGEM

Source
Find a Tender
Type
Contract (Services)
Duration
4 year
Value
£0-£11M
Sector
BUSINESS
Published
05 Dec 2025
Delivery
01 Apr 2026 to 31 Mar 2030
Deadline
n/a

Related Terms

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Ofgem is looking to procure the necessary financial advisers for the Offshore Transmission Owners (OFTO) team to continue its regulatory duties. Provision of these services will be crucial and without this, Ofgem will be unable to run effective tender processes for the upcoming tender rounds. The successful supplier will be required to provide specialist financial support to review Ofgem's tender process in evaluating bidders. This will include: Providing advice on the Information Memoranda, guidance documents, evaluation methodology documents, and any further documents as required. This may include helping to implement changes to the EPQ process and documentation if required. Undertaking comparative bid evaluation of the technical sections only at the EPQ Stage and the ITT Stage. The appointed financial advisor shall fulfil the role of Lead Evaluator and shall act as a single point of contact for these stages, by coordinating the technical and insurance advisors’ evaluation work and bringing together their respective evaluation reports Assessing bid submissions against the existing scoring methodologies and evaluation criteria and providing an overview of the robustness and cost effectiveness of technical aspects of each bid submission

CPV Codes

  • 66171000 - Financial consultancy services
  • 79212100 - Financial auditing services
  • 79412000 - Financial management consultancy services
  • 79410000 - Business and management consultancy services
  • 76500000 - Onshore and offshore services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

  • ocds-h6vhtk-05ef74
  • FTS 080053-2025

Domains