Open Closing in a 10 months

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 1 month ago

Deadline :

5th Dec 2026 in a 10 months

Contract Start :

31st Mar 2026

Contract End :

31st Mar 2030

Keywords

statutory audit

wealth advisory

financial advice

IFRS audit

GAAP audit

subsea support

fiscal consultancy

financial planning

independent audit

audit due diligence

investment consulting

advisory firm services

advisory services

executive coaching

land rig coordination

holiday inspection

budgeting consultancy

logistics planning

corporate finance advice

management consultancy

platform logistics

auditor �s report

consultancy engagement

site commissioning

oilfield site work

fund management advice

finance strategy advice

wellsite integration

management support

rig move management

investment optimization

fiscal risk analysis

business performance consultancy

financial governance support

treasury management consulting

external financial review

financial statement audit

financial planning services

financial strategy consulting

business advisory services

financial auditing services

corporate strategy consulting

marine support operations

organizational development

financial compliance audit

financial management consultancy

financial expert guidance

Tender Lot Details & Award Criteria

1 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