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Awarded

Revenue Term Policy Review & Marketing and Investor Engagement Support

Published

Supplier(s)

SMITH SQUARE PARTNERS LLP

Value

100,000 GBP

Description

Ofgem require consultants to conduct work related to the Revenue Term policy for the Offshore Transmission Owner (OFTO) Regime which has evolved over a series of tender rounds. Prior to Tender Round 6 TR6, the policy was a ~ 20-year Tender Revenue Stream (TRS). Since TR6, the revenue term has increased to ~ 25 years (the exact term can vary project to project). There has been a number of considerations that have impacted Ofgem's choice of the appropriate revenue term policy for OFTO, notably: the expected life of offshore windfarms; the expected technical life of OFTO assets; precedent of the revenue term in other contexts (e.g. Private Finance Initiative); the attractiveness of different revenue terms to different financing solutions. Ofgem required a study to be created that reviewed the impact of moving to a 30-year (or longer) TRS.

Timeline

Award date

4 months ago

Publish date

3 months ago

Buyer information

PROACTIS TENDERS LIMITED MYT

Contact:
Allan Weir
Email:
Allan.weir@Ofgem.gov.uk

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Notice topics

Financial consultancy servicesGeneral management consultancy servicesResearch and development services and related consultancy services

Related topics

Business development consultancy servicesBusiness and management consultancy servicesResearch and Development services on security and defence materialsDesign and execution of research and developmentResearch and development consultancy servicesResearch and experimental development services

Source

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