---
title: "OGA Financial Due Diligence Guidance Update"
ocid: "ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "OIL AND GAS AUTHORITY"
published: "2017-02-27"
---

# OGA Financial Due Diligence Guidance Update

Buyer: OIL AND GAS AUTHORITY  
Current stage: Tender  
OCID: ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933

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## Summary

The Oil and Gas Authority is seeking a contractor to update their Financial Due Diligence Guidance, which is critical for effective licensing decisions within the gas and oil industries in the UK. This tender, titled "OGA Financial Due Diligence Guidance Update," is currently in the tender stage and is set to close on 10th March 2017 at 2 PM. The project has a budget of £49,000, and the contract period will commence on 20th March 2017, concluding on 21st April 2017. The location for the delivery of services is London, and the procurement method is an open procedure.

This opportunity presents a significant prospect for businesses specialising in professional services related to the gas and oil sectors. Companies with expertise in regulatory compliance, financial analysis, and process documentation would be particularly well-suited to compete for this contract. Additionally, small and medium-sized enterprises (SMEs) are encouraged to participate, which can foster innovative solutions and fresh perspectives in developing the required guidance.

## Notice

The OGA feel that it is appropriate to develop new financial guidance that is fit for purpose and enables the OGA to make effective licensing decisions in its role as regulator. The OGA require a contractor to develop, in close collaboration with the OGA, and produce the following documents: * An updated draft of the external guidance to Licensees on which data the OGA requires and how the OGA will use these data through the due diligence process. This should cover each Licence event for which the OGA performs due diligence and be capable of being applied to all main funding models currently deployed and under consideration in the UKCS. * Internal guidance in the form of desk notes outlining the procedure which OGA staff will follow when performing due diligence, in each of the scenarios outlined above. Additional information: Tender closes 10th March 2017 2pm

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bc991d1d-6e73-4ebf-9c30-f13d232a2fa2 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Feb 2017 |
| Submission deadline | 10 Mar 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 20 Mar 2017 - 21 Apr 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £49,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | OIL AND GAS AUTHORITY |
| Locality | LONDON |
| Post town | Central London |
| Postcode | WC1B 3HF |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI36 Camden |
| Local authority | Camden |
| Electoral ward | Bloomsbury |
| Westminster constituency | Holborn and St Pancras |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 76 - Services related to the oil and gas industry

### Codes

- 76100000 - Professional services for the gas industry
- 76200000 - Professional services for the oil industry

## Release History

- 27 Feb 2017 at 14:15 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bc991d1d-6e73-4ebf-9c30-f13d232a2fa2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bc991d1d-6e73-4ebf-9c30-f13d232a2fa2
  27th February 2017 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/7f846159-51c2-4791-ba23-ac28948af5ce
  Invitation to Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/2d699769-abe4-4f5f-b333-4fa67068656f
  Terms and Conditions

## 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-f9d2e125-3c5e-4668-8f79-f1bac14e3933. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933.json.