2025-087- Financial Advisors to OFTO team for Tender and Policy

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    "id": "ocds-h6vhtk-05ef74-2026-04-01T10:22:41+01:00",
    "date": "2026-04-01T10:22:41+01:00",
    "ocid": "ocds-h6vhtk-05ef74",
    "initiationType": "tender",
    "planning": {
        "documents": [
            {
                "id": "080053-2025",
                "documentType": "plannedProcurementNotice",
                "noticeType": "UK1",
                "description": "Pipeline notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/080053-2025",
                "datePublished": "2025-12-05T11:07:51Z",
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    "parties": [
        {
            "id": "GB-PPON-PWXD-5991-LZZP",
            "name": "Ofgem",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PWXD-5991-LZZP"
            },
            "address": {
                "streetAddress": "10 South Colonnade",
                "locality": "London",
                "postalCode": "E14 4PU",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI42"
            },
            "contactPoint": {
                "name": "Andrew Witcombe",
                "email": "procurement2@ofgem.gov.uk"
            },
            "roles": [
                "buyer"
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            "details": {
                "url": "http://www.ofgem.gov.uk",
                "classifications": [
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    "buyer": {
        "id": "GB-PPON-PWXD-5991-LZZP",
        "name": "Ofgem"
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    "tender": {
        "id": "2025-087",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "2025-087- Financial Advisors to OFTO team for Tender and Policy",
        "description": "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. Further details can be found in the attached tender document. Furthermore, Ofgem plans to publish additional OFTO-related procurement opportunities in the near future, specifically covering the appointment of Technical Advisors and Cost Assessment Advisors which will be released under separate contract notices.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "76500000",
                        "description": "Onshore and offshore services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79212100",
                        "description": "Financial auditing services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66171000",
                        "description": "Financial consultancy services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79412000",
                        "description": "Financial management consultancy services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "UK",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 9500000,
            "amount": 7916666,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "suitability": {
                    "sme": true,
                    "vcse": true
                },
                "contractPeriod": {
                    "startDate": "2026-08-01T00:00:00+01:00",
                    "endDate": "2030-07-31T23:59:59+01:00"
                },
                "status": "active",
                "value": {
                    "amountGross": 9500000,
                    "amount": 7916666,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "Assessment of the quality of the tender response in accordance with the evaluation methodology set out in the tender documentation.",
                            "numbers": [
                                {
                                    "number": 65,
                                    "weight": "percentageExact"
                                }
                            ]
                        },
                        {
                            "type": "price",
                            "name": "Commercial",
                            "description": "Assessment of price in accordance with the commercial evaluation methodology set out in the tender documentation.",
                            "numbers": [
                                {
                                    "number": 35,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "selectionCriteria": {
                    "criteria": [
                        {
                            "type": "economic",
                            "description": "Participation is open to economic operators that are legally constituted and able to enter into a legally binding contract with Ofgem. Suppliers must not be subject to any mandatory or discretionary exclusion grounds under applicable procurement legislation. Legal standing will be assessed via the Procurement Specific Questionnaire. Suppliers must demonstrate appropriate financial standing and economic capacity to deliver the services. Financial standing will be assessed as part of the Procurement Specific Questionnaire and may include financial and credit checks undertaken by Ofgem."
                        },
                        {
                            "type": "technical",
                            "description": "Further details can be found in the attached tender document"
                        }
                    ]
                }
            }
        ],
        "communication": {
            "futureNoticeDate": "2026-01-22T23:59:59+00:00"
        },
        "status": "active",
        "coveredBy": [
            "GPA"
        ],
        "submissionMethodDetails": "Via https://www.mytenders.co.uk",
        "submissionTerms": {
            "electronicSubmissionPolicy": "allowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2026-05-12T12:00:00+01:00"
        },
        "enquiryPeriod": {
            "endDate": "2026-04-30T12:00:00+01:00"
        },
        "awardPeriod": {
            "endDate": "2026-06-26T23:59:59+01:00"
        },
        "documents": [
            {
                "id": "L-7",
                "documentType": "biddingDocuments",
                "description": "2025-087- Financial Advisors to OFTO team for Tender& Policy ITT",
                "url": "https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=636199"
            },
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            },
            {
                "id": "030164-2026",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/030164-2026",
                "datePublished": "2026-04-01T10:22:41+01:00",
                "format": "text/html"
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        ],
        "contractTerms": {
            "financialTerms": "Payment will be made in accordance with the Contract Terms and Conditions, Charges shall be based on the agreed daily rates submitted by the supplier at tender stage and applied in line with the requirements of the relevant call-off. Payment will be subject to the satisfactory delivery of services and submission of valid invoices in accordance with the contract terms."
        },
        "riskDetails": "Key risks to the successful delivery of the contract include: Availability and retention of suitably skilled and experienced resources over the contract period; Conflicts of interest arising from suppliers' wider market activities and relationships with Transmission Owners or their supply chains;"
    },
    "language": "en"
}