Award

2022-137 Financial Adviser for Offshore Transmission Tender round 10 (TR10)

OFGEM

This public procurement record has 1 release in its history.

Award

05 Oct 2022 at 16:45

Award Notice
Summary of the contracting process

Ofgem, the buying organisation, has awarded a contract for the provision of financial advisory services for Offshore Transmission Tender round 10 (TR10). The contract, worth £1,349,880 GBP, was awarded to Smith Square Partners Llp. The procurement process was completed with an open procedure, and the contract period is from 5th October 2022 to 4th October 2026.

This contract from Ofgem presents opportunities for businesses in the consultancy services industry, particularly those specialising in technical analysis, general management, and research services. Small and medium enterprises (SMEs) are well-suited to compete for this tender, catering to the financial advisory needs of the offshore transmission sector. The location of the contract spans across various regions, including British Oversea Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and others, offering a broad market for potential bidders.

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Notice Information

Notice Title

2022-137 Financial Adviser for Offshore Transmission Tender round 10 (TR10)

Notice Description

Ofgem requires financial advice for delivery of the tender and transaction processes for TR10, particularly in relation to financial and commercial input on bid evaluation, as well as supporting the transaction process once a preferred bidder has been appointed.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-359b58a6-78ce-467c-a304-dc1d9934986b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dac2626c-9af4-4592-876d-1a5ad8a93e78
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

71621000 - Technical analysis or consultancy services

73110000 - Research services

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£1,349,880 £1M-£10M
Lots Value
Not specified
Awards Value
£1,349,880 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Oct 20223 years ago
Submission Deadline
1 Jan 2022Expired
Future Notice Date
Not specified
Award Date
4 Oct 20223 years ago
Contract Period
4 Oct 2022 - 4 Oct 2026 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

SMITH SQUARE PARTNERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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