Awarded

Financial Adviser for Offshore Transmission Tender Round 11 (TR11)

Descriptions

Ofgem is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015. The next offshore tender round - Tender Round 11 (TR11) - Ofgem is launching in early-February 2024. Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR11 and without this, Ofgem will be unable to run an effective tender process for this tender round. To facilitate a robust tender evaluation process, Ofgem requires the services of a supplier on various aspects of the tender and transaction process. This will include advice and support to Ofgem 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

Published Date :

12th Feb 2024 1 year ago

Deadline :

1st Jan 2024 1 year ago

Tender Awarded :

1 Supplier

Awarded date :

7th Feb 2024

Contract Start :

8th Feb 2024

Contract End :

7th Feb 2027

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Workflows

Status :

Awarded

Assign to :

Tender Progress :

0%

Details

Notice Type :

Open opportunity

Tender Identifier :

IT-378-246-T: 2024 - 001

TenderBase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Region :

North Region

Attachments :

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Designation :

Chief Executive Officer

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors