Tender

Support for development of an OFTO-build model for non-radial offshore transmission infrastructure

OFGEM

This public procurement record has 1 release in its history.

Tender

26 Jul 2023 at 16:45

Tender Notice
Summary of the contracting process

The buying organisation Ofgem has issued a tender titled "Support for development of an OFTO-build model for non-radial offshore transmission infrastructure". The procurement falls under the services category with the CPV classification code 71620000. The tender aims to conduct an analysis on roles and responsibilities, financing, market assessment, tender process design, revenue stream treatment, and industry standards adjustments. The procurement method is an open procedure with a tender period ending on 25th August 2023 and a contract period starting on 9th October 2023 until 8th April 2024.

This tender by Ofgem presents opportunities for businesses in the analysis services sector, particularly those with expertise in offshore transmission infrastructure, financing, and market evaluation. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are suitable for this tender. Businesses interested in advising on complex regulatory and financial aspects related to offshore transmission projects could find this tender suitable for their growth and involvement in the energy industry.

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Notice Information

Notice Title

Support for development of an OFTO-build model for non-radial offshore transmission infrastructure

Notice Description

Conduct an in-depth analysis on the roles and responsibilities of the respective parties and level of risk dependent on roles undertaken, including by assessing sub-categories of risk.Conduct an in-depth analysis on financing. In particular, how to obtain the best possible finance at the lowest cost to consumers; determining availability of construction finance; conduct an evaluation of the market and assess the market's appetite for new class of assets, by comparison to existing classes; and consider how consumers will benefit from any refinancing eg, how will any claw-back mechanism work for an OFTO Build.Act in an advisory capacity, providing advice to Ofgem on how best Ofgem could design a process which would incentivise timely delivery for OFTOs - taking into full consideration reward and risk.This includes providing advice on elements of the tender process such as: the optimum timing of competitive tender process, duration of the tender process and adjustments to the existing OFTO model to facilitate an OFTO Build, for Ofgem to then build and implement the process.Provide advice support on the treatment of the Tender Revenue Stream (TRS). In particular, looking at the adjustments required to the revenue structure to accommodate shared infrastructure.Provide advice on potential changes to Codes and Standards and other industry arrangements to facilitate an OFTO Build.These areas are among those which Ofgem have identified as significant and are carrying out further stakeholder engagement on these matters. The successful tenderer will be expected to view the material and feedback Ofgem have received to date, to ensure that it has full consideration of the area's it is expected to provide advice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b853f009-6d64-40c9-87f0-e1c5351c8b30
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d62d6d57-52bd-4e2d-bd36-2fafa1b42d70
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71620000 - Analysis services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20232 years ago
Submission Deadline
25 Aug 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Oct 2023 - 8 Apr 2024 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OFGEM
Contact Name
Not specified
Contact Email
allan.weir@ofgem.gov.uk
Contact Phone
+44 2079017000

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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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