---
title: "2024-097A Specialist OFTO Advisory Services"
ocid: "ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2024-07-26"
---

# 2024-097A Specialist OFTO Advisory Services

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273

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## Summary

Ofgem has completed the "2024-097A Specialist OFTO Advisory Services" tender, seeking commercial and financial consultancy services. The project falls under the financial consultancy and procurement consultancy services categories and encompasses multiple regions, including the United Kingdom, British Overseas Territories, Channel Islands, Europe, Isle of Man, and the Rest of the World. The procurement process followed an open procedure, with the tender period concluding on 1 January 2024. The contract, valued at £80,000, officially starts on 3 August 2024 and will run until 2 August 2028.

This tender presents a significant opportunity for businesses specialising in financial consultancy and procurement advisory to influence decision-making processes within Ofgem’s OFTO regime. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete, providing insights and appraisals to senior management. The awarded contract to Sir Keith Stuart underscores the potential for growth and visibility in high-profile government consultancy roles.

## 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/27b0137c-812b-45cc-8fd0-b26cb6882f03 |
| 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 | 7 Jul 2024 |
| Contract period | 2 Aug 2024 - 2 Aug 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | Not specified |
| Awards value | £80,000 |
| 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 | SIR KEITH STUART |

## 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/27b0137c-812b-45cc-8fd0-b26cb6882f03

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/27b0137c-812b-45cc-8fd0-b26cb6882f03
  26th July 2024 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=JUL168484
  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-e27f693c-eb25-4615-a6a9-accab2ce3273. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e27f693c-eb25-4615-a6a9-accab2ce3273.json.