Tender

2025-103- Technical advisors to OFTO team for Tender & Policy

OFGEM

This public procurement record has 2 releases in its history.

Tender

01 Apr 2026 at 09:47

Planning

05 Dec 2025 at 11:08

Summary of the contracting process

The public procurement process led by Ofgem focuses on acquiring technical advisors for the Offshore Transmission Owners (OFTO) team, as detailed in the active tender titled "2025-103- Technical advisors to OFTO team for Tender & Policy". This project falls within the industry category of financial and consultancy services, specifically targeting areas like financial management and auditing, and onshore/offshore services. The procurement, set in London, UK, involves an open procedure, inviting submissions through an electronic platform. Ofgem has announced key dates, with the tender period concluding on 11 May 2026 and the award expected by 12 June 2026. The project bears a substantial budget of £2.5 million, aimed at ensuring effective advisory support for the upcoming tender rounds.

This procurement presents significant growth opportunities for consultancy firms, particularly those specialising in financial and technical advisory. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are deemed suitable to compete for this contract. Firms with expertise in evaluating tender processes and improving tender documentation stand to benefit, given the requirement for a lead evaluator role overseeing technical and insurance evaluations. The engagement rests on entering legally binding agreements, with an assessment of financial standing as part of the qualification criteria, making it ideal for financially robust companies with a strong consultancy background.

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How relevant is this notice?

Notice Title

2025-103- Technical advisors to OFTO team for Tender & Policy

Notice Description

Ofgem is looking to procure the necessary Technical Advisors 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 technical 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 Financial Advisors and Cost Assessment Advisors which will be released under separate contract notices.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ef75
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030199-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - 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

66 - Financial and insurance services

76 - Services related to the oil and gas industry

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


CPV Codes

66171000 - Financial consultancy services

76500000 - Onshore and offshore services

79212100 - Financial auditing services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
£2,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20261 weeks ago
Submission Deadline
11 May 20264 weeks to go
Future Notice Date
22 Jan 2026Expired
Award Date
Not specified
Contract Period
31 Jul 2026 - 31 Jul 2030 4-5 years
Recurrence
Not specified

Notice Status

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

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

Further Information

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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