---
title: "2021-068 Financial Advisor for Offshore Tender Round 5 (TR5)"
ocid: "ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2021-06-23"
---

# 2021-068 Financial Advisor for Offshore Tender Round 5 (TR5)

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca

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## Summary

Ofgem, based in London, is conducting the tender process for the contract titled "2021-068 Financial Advisor for Offshore Tender Round 5 (TR5)". This tender falls under the financial consultancy industry category with an estimated value of £85,000. The contract period commenced on 21 June 2021 and will conclude on 20 February 2022. Having completed the tender phase, the procurement method used was an open procedure, with the tender period having ended on 1 January 2021. The awarded supplier for this contract is KPMG LLP, focusing on providing expert financial advisory services throughout the critical stages of License Grant and Financial Close.

This tender presents significant opportunities for businesses within the financial consultancy sector, particularly those specialising in financial modelling and transaction advisory services. Small and medium-sized enterprises (SMEs) with expertise in financial or commercial advisory roles may find this tender appealing, as Ofgem encourages participation from a diverse range of suppliers. As the contract is designed to support vital financial processes for offshore initiatives, firms with a track record in similar projects will be well-positioned to compete effectively.

## Notice

This contract relates to the transaction stage which is the final stages of this tender process. This is the stage where the customer progress the preferred bidder through to License Grant and Financial Close. The supplier shall provide expert financial advice on financial or commercial matters which may arise in order to support the License Grant/Financial Close process as well as expert financial modelling advice.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9f1fbfec-cd17-4381-bb32-c483b38fe45d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2021 |
| Submission deadline | 1 Jan 2021 |
| Future notice date | Not specified |
| Award date | 17 Jun 2021 |
| Contract period | 20 Jun 2021 - 20 Feb 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £85,000 |
| Lots value | Not specified |
| Awards value | £85,000 |
| 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 | KPMG |

## CPV Codes

### Divisions

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

### Codes

- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66171000 - Financial consultancy services
- 79211000 - Accounting services
- 79212500 - Accounting review services

## Release History

- 23 Jun 2021 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9f1fbfec-cd17-4381-bb32-c483b38fe45d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9f1fbfec-cd17-4381-bb32-c483b38fe45d
  23rd June 2021 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JUN162234
  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-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3e3bb02f-b774-401c-8bfc-8511273e07ca.json.