---
title: "2024-097B Specialist OFTO Advisory Services"
ocid: "ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-07-26"
---

# 2024-097B Specialist OFTO Advisory Services

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82

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## Summary

Ofgem, located in London, has completed the procurement process for the tender titled "2024-097B Specialist OFTO Advisory Services". This tender falls under the industry category of procurement consultancy services, with additional classification in financial consultancy services. The awarded contract, valued at GBP 40,000, covers a wide range of locations including the United Kingdom, Channel Islands, Isle of Man, British Overseas Territories, Europe, and the rest of the world. The procurement method utilised was an open procedure, and the contract period starts on 3rd August 2024 and ends on 2nd August 2028. The tender process was actively managed by Kirsty McVeigh at Ofgem.

This tender presents significant growth opportunities for businesses that specialise in providing commercial and financial advisory services, particularly within the realm of procurement and transmission investment advisory. SMEs are particularly well-suited to compete for such contracts given the project's scope and requirements. Businesses with expertise in the OFTO regime and new transmission investments will find this opportunity highly relevant and beneficial for expanding their professional portfolio and establishing a foothold in the advisory service sector.

## Notice

The Authority requires the Consultant to provide commercial, financial advice and appraisals to senior management on all aspects of the tender process and to provide opinion in relation to the OFTO regime and new transmission investment.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/27949457-b107-4378-b6f3-39a38c59f301 |
| 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 Jul 2024 |
| Submission deadline | 1 Jan 2024 |
| Future notice date | Not specified |
| Award date | 16 Jul 2024 |
| Contract period | 2 Aug 2024 - 2 Aug 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000 |
| Lots value | Not specified |
| Awards value | £40,000 |
| 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 | MIKE F JACKSON |

## CPV Codes

### Divisions

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

### Codes

- 66171000 - Financial consultancy services
- 79418000 - Procurement consultancy services

## Release History

- 26 Jul 2024 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/27949457-b107-4378-b6f3-39a38c59f301

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/27949457-b107-4378-b6f3-39a38c59f301
  26th July 2024 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JUL168485
  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-b82d286b-0338-4fb8-9792-8fa32e5cda82. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b82d286b-0338-4fb8-9792-8fa32e5cda82.json.