Expired contract

Review of the OFTO Regime

Details

Value
£129,960
Duration
2 years
Topic
Financial consultancy services
Published
17 May 2024

Tender description

The subject of this contract is to review the Offshore Transmission Operator (OFTO) Regime. This review will be based upon the approach taken from an earlier review, conducted in 2016, which explored what benefits the first three OFTO tender rounds had delivered to consumer. As Ofgem has now having delivered a large pipeline of subsequent OFTO transactions, and require follow-up analysis be undertaken to determine potential benefits achieved.

Timeline

  1. Completed: Award date18 April 2024
  2. Completed: Award published17 May 2024
    Current notice
  3. Completed: Contract expiry date17 April 2026

About the buyer

Office of Gas and Electricity Markets (Ofgem) is Britain's energy regulator, a non-ministerial government department. Most goods and services are bought through Crown Commercial Service frameworks, chiefly its Energy and Economic Services and Advice agreement. Lots span gas and electricity engineering, distributed energy resources, and economic and financial advice.

Ofgem then runs a further competition or awards work directly to a supplier on the relevant lot.

Over the past 5 years, most of Ofgem's contract awards have been in business services, software and information systems, and IT services.

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Decision makers

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