Tender

Heads of Terms for agreement SPV model onshore electricity transmission projects

OFGEM

This public procurement record has 1 release in its history.

Tender

07 Dec 2017 at 17:45

Tender Notice
Summary of the contracting process

The procurement process, initiated by Ofgem, is seeking consultancy support for developing the heads of terms for a delivery agreement concerning onshore electricity transmission projects. The tender, titled "Heads of Terms for agreement SPV model onshore electricity transmission projects," falls under the industry category of Business and Management Consultancy Services. The procurement is currently in the active stage and is being conducted through an open procedure, set to conclude on 3rd January 2018. The work is to be delivered in the South East and London regions of the United Kingdom, with a contract value amounting to £100,000, and a minimum value of £80,000.

This tender presents a valuable opportunity for businesses specialising in consultancy services, particularly those experienced with energy transmission and management consultancy. Small and medium-sized enterprises (SMEs) may find it advantageous to engage, given the favourable consideration of their applications. Businesses with capabilities in project design, operational performance management, and contractual agreement facilitation would be well-suited to compete for this project, which aims to introduce competitive elements into onshore electricity transmission via the Special Purpose Vehicle (SPV) model.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Heads of Terms for agreement SPV model onshore electricity transmission projects

Notice Description

This Scope of Work (SoW) sets out the Ofgem's requirements for consultancy support to be provided for the development of heads of terms for a generic delivery agreement between an incumbent Transmission Owner (TO) and Special Purpose Vehicle (SPV), where Ofgem decides to introduce competition into the delivery of onshore electricity transmission via the 'SPV model'. The delivery agreement should consider, amongst other things: - responsibilities (e.g. discharging of planning consents) and information sharing (e.g. reporting) between TO and SPV. - project design, specification and delivery requirements. - price and payment structure (e.g. how and when revenue flows). - arrangements for variations (e.g. to specification, programme or price). - how specific liabilities (e.g. in relation to construction delivery and operational performance) and risks are allocated and managed. - any performance incentives (upside and downside). - arrangements for completion and handover to the TO at the end of the revenue period. - credit rating and counterparty risk; and - step-in and termination arrangements, e.g. TO and SPV lender rights.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Dec 20178 years ago
Submission Deadline
3 Jan 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Jan 2018 - 30 Mar 2018 1-6 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
Nadia Coleby
Contact Email
nadia.coleby@ofgem.gov.uk
Contact Phone
+44 2079017000

Buyer Location

Locality
LONDON
Postcode
SW1P 3GE
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London, TLJ South East (England)
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c-2017-12-07T17:45:08Z",
    "date": "2017-12-07T17:45:08Z",
    "ocid": "ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "MT205171",
        "title": "Heads of Terms for agreement SPV model onshore electricity transmission projects",
        "description": "This Scope of Work (SoW) sets out the Ofgem's requirements for consultancy support to be provided for the development of heads of terms for a generic delivery agreement between an incumbent Transmission Owner (TO) and Special Purpose Vehicle (SPV), where Ofgem decides to introduce competition into the delivery of onshore electricity transmission via the 'SPV model'. The delivery agreement should consider, amongst other things: - responsibilities (e.g. discharging of planning consents) and information sharing (e.g. reporting) between TO and SPV. - project design, specification and delivery requirements. - price and payment structure (e.g. how and when revenue flows). - arrangements for variations (e.g. to specification, programme or price). - how specific liabilities (e.g. in relation to construction delivery and operational performance) and risks are allocated and managed. - any performance incentives (upside and downside). - arrangements for completion and handover to the TO at the end of the revenue period. - credit rating and counterparty risk; and - step-in and termination arrangements, e.g. TO and SPV lender rights.",
        "datePublished": "2017-12-07T17:45:08Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "79410000",
            "description": "Business and management consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 80000,
            "currency": "GBP"
        },
        "value": {
            "amount": 100000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (below threshold)",
        "tenderPeriod": {
            "endDate": "2018-01-03T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2018-01-15T00:00:00Z",
            "endDate": "2018-03-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1",
                "datePublished": "2017-12-07T17:45:08Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.",
                "url": "http://www.mytenders.org/search/show/search_view.aspx?ID=DEC149411"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-2579",
            "name": "Ofgem",
            "identifier": {
                "legalName": "Ofgem"
            },
            "address": {
                "streetAddress": "9 Millbank",
                "locality": "London",
                "postalCode": "SW1P 3GE",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Nadia Coleby",
                "email": "nadia.coleby@ofgem.gov.uk",
                "telephone": "+44 2079017000"
            },
            "details": {
                "url": "http://www.ofgem.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-2579",
        "name": "Ofgem"
    }
}