---
title: "2022-010 Financial Adviser for Offshore Transmission TR9"
ocid: "ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2022-03-24"
---

# 2022-010 Financial Adviser for Offshore Transmission TR9

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621

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## Summary

The procurement process titled "2022-010 Financial Adviser for Offshore Transmission TR9" is conducted by Ofgem, focusing on financial consultancy services within the UK. The deadline for the tender was 1st January 2022, with the contract period spanning from 7th March 2022 to 6th March 2025. This procurement was executed using an open procedure, which allows any interested party to submit a bid, with an awarded value of £499,000. The associated delivery addresses extend across various regions, including British Overseas Territories, the Channel Islands, and Europe.

This tender presents significant opportunities for businesses that provide financial consultancy services, particularly in the energy sector. Companies with experience in market capacity analysis, funding models, and financial assessments would be particularly well-suited to compete for this contract. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they may leverage their niche expertise and flexibility to meet the specific needs outlined in the tender, potentially positioning themselves as key players in the offshore transmission market.

## Notice

Support is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015. Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR9. This will include advice and support on areas such as market capacity, existing funding models and options, key financial parameters to be reflected in the process (e.g. indexation policy), input to the design and content of tender questionnaire criteria and documentation, evaluation of bidder submissions, as well as various aspects of financial assessment required to bring the project to close/appoint an OFTO.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fb668e7a-24be-430f-b6d7-1a8a0afe90d9 |
| 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 | 24 Mar 2022 |
| Submission deadline | 1 Jan 2022 |
| Future notice date | Not specified |
| Award date | 24 Mar 2022 |
| Contract period | 7 Mar 2022 - 6 Mar 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £499,000 |
| Lots value | Not specified |
| Awards value | £499,000 |
| 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 | SMITH SQUARE PARTNERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 24 Mar 2022 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fb668e7a-24be-430f-b6d7-1a8a0afe90d9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fb668e7a-24be-430f-b6d7-1a8a0afe90d9
  24th March 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAR164061
  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-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-86308d08-128b-4b33-9e4f-db2386ce1621.json.