---
title: "2023-028 Low Carbon RAB financial adviser"
ocid: "ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2023-06-13"
---

# 2023-028 Low Carbon RAB financial adviser

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-c81e7aca-ee6a-421b-84cb-36c6b88d3def

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## Summary

The buying organisation for this procurement process is Ofgem, located in London, England. The title of the tender is "2023-028 Low Carbon RAB financial adviser," falling under the industry category of financial consultancy services. The procurement stage is at the award phase, with a contract period running from April 24, 2023, to April 23, 2025. The tender deadline was January 1, 2023, with a contract value of £147,000 in GBP.

This tender awarded to Rowton Associates Limited by Ofgem presents an opportunity for businesses specialized in financial consultancy services to support the Low Carbon RAB team. With a focus on regulatory investment models for areas like New Nuclear Build and CCUS Transport and Storage networks, SMEs particularly stand to benefit from this procurement opportunity given its open procedure method and the nature of services required by the contracting authority.

## Notice

The Authority require to secure specialist financial advice to support the Low Carbon RAB team as the two programmes of work develop. The Consultant will primarily liaise with the Authority's Head of Team but will work closely with the Deputy Director (LC RAB). The Consultant will also provide support to other members of the Low Carbon RAB team to aide their development of regulatory investment models for: o New Nuclear Build o CCUS Transport and Storage networks

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/63c54cd1-47e9-4f5a-97da-5ec1a4ad64c7 |
| 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 | 13 Jun 2023 |
| Submission deadline | 1 Jan 2023 |
| Future notice date | Not specified |
| Award date | 23 Apr 2023 |
| Contract period | 23 Apr 2023 - 23 Apr 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £147,000 |
| Lots value | Not specified |
| Awards value | £147,000 |
| 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 | ROWTON ASSOCIATES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 13 Jun 2023 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/63c54cd1-47e9-4f5a-97da-5ec1a4ad64c7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/63c54cd1-47e9-4f5a-97da-5ec1a4ad64c7
  13th June 2023 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JUN166587
  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

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