Open Closing in a 1 year

Financial Advisors to OFTO Team for Tender & Policy

Descriptions

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

Timeline

Published Date :

5th Dec 2025 Today

Deadline :

5th Dec 2026 in a 1 year

Contract Start :

31st Mar 2026

Contract End :

31st Mar 2030

Keywords

financial advice

investment consulting

financial planning

wealth advisory

fiscal consultancy

advisory services

corporate finance advice

financial strategy consulting

advisory firm services

financial expert guidance

oilfield site work

platform logistics

marine support operations

land rig coordination

holiday inspection

site commissioning

subsea support

wellsite integration

logistics planning

rig move management

financial auditing services

statutory audit

external financial review

independent audit

GAAP audit

IFRS audit

financial compliance audit

auditor’s report

financial statement audit

audit due diligence

management consultancy

business advisory services

corporate strategy consulting

executive coaching

organizational development

management support

consultancy engagement

business performance consultancy

financial management consultancy

finance strategy advice

budgeting consultancy

financial planning services

fiscal risk analysis

treasury management consulting

investment optimization

financial governance support

fund management advice

Tender Lot Details

2 Tender Lots

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Workflows

Status :

Open

Procedure :

N/A

Suitable for SME :

Yes

Nationwide :

No

Assign to :

Tender Progress :

0%

Details

Notice Type :

Pipeline

Tender Identifier :

IT-378-246-T: 2024 - 001

Tenderbase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Buyer Information

Name :

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement contact

Name :

Tina Smith

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors