---
title: "2025-123 Insurance Advisors to OFTO team for Tender and Policy"
ocid: "ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "Ofgem"
published: "2026-09-10"
---

# 2025-123 Insurance Advisors to OFTO team for Tender and Policy

Buyer: Ofgem  
Current stage: Award  
OCID: ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c

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## Summary

Ofgem procured expert insurance consultancy services for its Offshore Transmission Owner (OFTO) regime. The adviser supports Ofgem’s decision-making and policy development, with the primary responsibility of helping it run efficient tender and transaction processes. The work covers preparation for tender rounds, assessment of bid submissions alongside financial and technical advisers, and support through the transaction stage to Licence Grant and Financial Close. The supplier must also provide knowledge transfer at each stage and general advice on lessons learned. This is a professional services requirement covering insurance consultancy, insurance brokerage and wider financial and insurance services (CPV 66519310, 66518100 and 66000000). Delivery may involve the United Kingdom, British Overseas Territories, the Channel Islands, the Isle of Man, Europe and other parts of the world.

The procurement is complete and was run by Ofgem under an open procedure. The tender submission deadline was 1 January 2026. The contract was awarded on 19 August 2026 to Arthur J. Gallagher Insurance Brokers Limited for £1,000,000. The contract period runs from 20 August 2026 to 19 August 2030. The requirement was evaluated through the selection of the most advantageous tender, with bid submissions assessed in coordination with appointed financial and technical advisers. The contract is for services and was identified as suitable for small and medium-sized enterprises. The award is active, with the selected supplier responsible for the insurance advisory support described for the OFTO tender, transaction, licensing and financial-close processes.

This procurement indicates demand from Ofgem for suppliers able to combine specialist insurance consultancy with practical support on complex infrastructure tenders and transactions. A credible competitor for a future requirement would need to advise on insurance and policy issues within the OFTO regime, prepare effectively for tender rounds, assess and compare bid submissions, and work alongside financial and technical advisers. It would also need to support transactions through Licence Grant and Financial Close, rather than providing stand-alone insurance advice. The requirement favours firms able to transfer knowledge clearly across successive stages, capture lessons learned and provide sound decision support to a public-sector buyer. Its stated suitability for SMEs indicates that specialist smaller consultancies may be well placed where they can demonstrate the necessary expertise and delivery capacity.

## Notice

Ofgem is looking for expert insurance consultancy services to support decision making and policy development for a range of requirements in the Offshore Transmission Owner (OFTO) regime. The primary responsibility of the supplier is to assist Ofgem in running an efficient tender and transaction process. This will include preparatory work in advance of the Tender Rounds and evaluating bid submissions in coordination with other appointed financial and technical advisors. This is to ensure that the most advantageous tender is selected. The supplier will then proceed to the transaction stage where Ofgem will require further support to aid the process to Licence Grant (LG) and Financial Close (FC). Effective transfer of knowledge on each stage of the process along with general advice on lessons learned is also required

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2dc6c060-7444-4ce6-88a0-322d6d8b187a |
| 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 | 10 Sep 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 19 Aug 2026 |
| Contract period | 20 Aug 2026 - 19 Aug 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,000,000 |
| Lots value | Not specified |
| Awards value | £1,000,000 |
| 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 |
| Postcode area | 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 | Arthur J. Gallagher Insurance Brokers Ltd |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66510000 - Insurance services
- 66518100 - Insurance brokerage services
- 66519310 - Insurance consultancy services

## Release History

- 10 Sep 2026 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2dc6c060-7444-4ce6-88a0-322d6d8b187a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2dc6c060-7444-4ce6-88a0-322d6d8b187a
  10th September 2026 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=SEP171831
  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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