Award

2024-097C Specialist OFTO Advisory Services

OFGEM

This public procurement record has 1 release in its history.

Award

26 Jul 2024 at 16:45

Award Notice
Summary of the contracting process

This public procurement contract is offered by Ofgem for the title "2024-097C Specialist OFTO Advisory Services." It falls under the industry category of procurement consultancy services, with additional classification in financial consultancy services. This tender aims to provide commercial and financial advice on OFTO regime and new transmission investment to senior management. The contract covers multiple locations, including British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and other global regions. Key dates include the end of the tender period on 1 January 2024, and the contract period from 3 August 2024 to 2 August 2028, in the award stage as of 26 July 2024.

This tender presents a significant opportunity for businesses specialising in consultancy services to establish strong relationships with a prominent public authority like Ofgem. With an open procurement method, the tender is accessible to a wide range of businesses, especially those with expertise in commercial and financial advisory services. Given the contract value of £80,000 and a duration of four years, SMEs particularly suited for this type of consultancy work can benefit from stable income and professional growth through this engagement.

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Notice Information

Notice Title

2024-097C Specialist OFTO Advisory Services

Notice Description

The Authority requires the Consultant to provide commercial, financial advice and appraisals to senior management on all aspects of the tender process and to provide opinion in relation to the OFTO regime and new transmission investment

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f514560a-3cd3-4368-9ec8-e0ccc59ed163
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f36bdfad-f72c-491a-8cd9-ea410c355f34
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

66 - Financial and insurance services

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

CPV Codes

66171000 - Financial consultancy services

79418000 - Procurement consultancy services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20241 years ago
Submission Deadline
1 Jan 2024Expired
Future Notice Date
Not specified
Award Date
16 Jul 20241 years ago
Contract Period
2 Aug 2024 - 2 Aug 2028 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

CHRISTOPHER DEACON

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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