---
title: "Derivative and Financial Instrument Benchmarking Adviser Offshore Tendering"
ocid: "ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "OFGEM"
published: "2018-05-11"
---

# Derivative and Financial Instrument Benchmarking Adviser Offshore Tendering

Buyer: OFGEM  
Current stage: Tender  
OCID: ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e.json)

## Summary

The procurement process is being conducted by Ofgem, the Office of Gas and Electricity Markets, located in London, UK. The tender, titled "Derivative and Financial Instrument Benchmarking Adviser Offshore Tendering," is categorised under financial consultancy services and is currently in the active stage of the open procedure. The tender period ends on 30th May 2018, and the contract is expected to commence on 18th June 2018, lasting until 17th June 2021. The estimated contract value is £130,000, with a minimum value of £100,000.

This tender presents an opportunity for businesses specialising in financial consultancy and management services, particularly those with expertise in hedging processes and bond pricing. Small and medium-sized enterprises (SMEs) are encouraged to compete, as this contract could significantly enhance their portfolio and visibility within the industry. Companies ready to collaborate with regulatory bodies like Ofgem and those skilled in negotiating financial instruments will find this tender particularly appealing.

## Notice

The Adviser shall provide expert advice on the hedging process up to and at Financial Close (FC) on Tender Round 5 and Tender Round 6. This shall include negotiation with hedge provider(s), pricing, and benchmarking of the relevant hedge structures or provide reviews on structuring, including selection of the underlying GILT or interest rate, and support at FC to facilitate pricing of any public bonds that are being put in place, and will liaise directly with Ofgem on any issues identified.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/64ce3da3-02cb-4320-b2b5-92438c83d341 |
| 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 |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 May 2018 |
| Submission deadline | 30 May 2018 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 17 Jun 2018 - 17 Jun 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £130,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | OFGEM |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3GE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London, TLJ South East (England) |

## CPV Codes

### Divisions

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

### Codes

- 66171000 - Financial consultancy services
- 79400000 - Business and management consultancy and related services

## Release History

- 11 May 2018 at 16:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/64ce3da3-02cb-4320-b2b5-92438c83d341

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/64ce3da3-02cb-4320-b2b5-92438c83d341
  11th May 2018 - Opportunity notice on Contracts Finder
- http://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAY154471
  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-b5fd17-6641b862-c592-49ac-b660-7af4969db60e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e.json.