---
title: "Financial Adviser for Offshore Transmission Tender Round 11 (TR11)"
ocid: "ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-02-26"
---

# Financial Adviser for Offshore Transmission Tender Round 11 (TR11)

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c

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## Summary

The award has been made for the provision of Financial Adviser services for Offshore Transmission Tender Round 11 (TR11). The buying organization Ofgem, based in London, has completed this procurement under the industry category of Business analysis consultancy services. The tender value is £99,670, with an open procurement method and an award date of February 12, 2024. The contract period spans from February 13, 2024, to February 12, 2027.

This tender presents an opportunity for businesses specializing in financial management consultancy services and project management consultancy services to engage with Ofgem. Small and medium-sized enterprises (SMEs) may find this opportunity particularly suitable. Businesses should note the deadline for tender submissions was January 1, 2024, and ensure alignment with Ofgem's requirements for the delivery of technical advice on transaction processes in the energy sector.

## Notice

Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11). Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder. The capabilities and skills required by the successful supplier will be an ability to: * Advise Ofgem on design, implementation and management of the tender process, ensuring necessary quality assurance measures are in place. * Provide advice and input to technical information contained in tender documentation. * Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages. * Ensure that the evaluation is peer reviewed and internally moderated. * Work proactively and effectively with the financial and insurance advisers to facilitate an integrated final evaluation report. * Address uncertainties and risk in the OFTO regime where it will deliver value to consumers; and * Provide Ofgem with any technical advice necessary.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6efba211-7fb8-4e82-9ce9-2f77a4afeec8 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Feb 2024 |
| Submission deadline | 1 Jan 2024 |
| Future notice date | Not specified |
| Award date | 12 Feb 2024 |
| Contract period | 13 Feb 2024 - 12 Feb 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £99,670 |
| Lots value | Not specified |
| Awards value | £99,670 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | OFGEM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | VINCI ENERGIES |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 72221000 - Business analysis consultancy services
- 72224000 - Project management consultancy services
- 79400000 - Business and management consultancy and related services
- 79410000 - Business and management consultancy services
- 79412000 - Financial management consultancy services

## Release History

- 26 Feb 2024 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6efba211-7fb8-4e82-9ce9-2f77a4afeec8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6efba211-7fb8-4e82-9ce9-2f77a4afeec8
  26th February 2024 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=FEB167774
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofgem.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-040a45f5-35b1-488d-840a-8eea5ef4960c.json.