2022-010 Financial Adviser for Offshore Transmission TR9
Details
- Supplier(s)
- Smith Square Partners
- Value
- £499,000
- Duration
- 3 years
- Topic
- Financial consultancy services
- Published
- 24 March 2022
- Source
- uk:contracts_finder
Tender description
Support 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 will be crucial to ensuring that a robust tender process takes place for TR9. This will include advice and support 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.
Timeline
- Completed: Award date7 March 2022
- Completed: Award published24 March 2022Current notice
- Completed: Contract expiry date6 March 2025
About the buyer
Office of Gas and Electricity Markets (Ofgem) is Britain's energy regulator, a non-ministerial government department. Tenders appear on Ofgem's own tendering portal, alongside Contracts Finder and the Find a Tender Service. Most goods and services are bought through Crown Commercial Service frameworks, chiefly its Energy and Economic Services and Advice agreement. Ofgem then runs a further competition or awards work directly to a supplier on the relevant lot. Lots span gas and electricity engineering, distributed energy resources, and economic and financial advice. Smaller businesses are encouraged to bid, with technical ability weighed alongside value for money.
Procurement spend from central entities makes up 66% of overall UK public spend.
Over the past 5 years, most of Ofgem's contract awards have been in business services, software and information systems, and IT services.
Relevant CPV codes
- 66171000 · Financial consultancy services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@office-of-gas-and-electricity-markets-ofgem.gov |
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