--- title: "Heads of Terms for agreement SPV model onshore electricity transmission projects" ocid: "ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c.json" source: "Contracts Finder" current_stage: "Tender" buyer: "OFGEM" published: "2017-12-07" --- # Heads of Terms for agreement SPV model onshore electricity transmission projects Buyer: OFGEM Current stage: Tender OCID: ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c.json) ## Summary The procurement process, initiated by Ofgem, is seeking consultancy support for developing the heads of terms for a delivery agreement concerning onshore electricity transmission projects. The tender, titled "Heads of Terms for agreement SPV model onshore electricity transmission projects," falls under the industry category of Business and Management Consultancy Services. The procurement is currently in the active stage and is being conducted through an open procedure, set to conclude on 3rd January 2018. The work is to be delivered in the South East and London regions of the United Kingdom, with a contract value amounting to £100,000, and a minimum value of £80,000. This tender presents a valuable opportunity for businesses specialising in consultancy services, particularly those experienced with energy transmission and management consultancy. Small and medium-sized enterprises (SMEs) may find it advantageous to engage, given the favourable consideration of their applications. Businesses with capabilities in project design, operational performance management, and contractual agreement facilitation would be well-suited to compete for this project, which aims to introduce competitive elements into onshore electricity transmission via the Special Purpose Vehicle (SPV) model. ## Notice This Scope of Work (SoW) sets out the Ofgem's requirements for consultancy support to be provided for the development of heads of terms for a generic delivery agreement between an incumbent Transmission Owner (TO) and Special Purpose Vehicle (SPV), where Ofgem decides to introduce competition into the delivery of onshore electricity transmission via the 'SPV model'. The delivery agreement should consider, amongst other things: - responsibilities (e.g. discharging of planning consents) and information sharing (e.g. reporting) between TO and SPV. - project design, specification and delivery requirements. - price and payment structure (e.g. how and when revenue flows). - arrangements for variations (e.g. to specification, programme or price). - how specific liabilities (e.g. in relation to construction delivery and operational performance) and risks are allocated and managed. - any performance incentives (upside and downside). - arrangements for completion and handover to the TO at the end of the revenue period. - credit rating and counterparty risk; and - step-in and termination arrangements, e.g. TO and SPV lender rights. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 7 Dec 2017 | | Submission deadline | 3 Jan 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 15 Jan 2018 - 30 Mar 2018 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £100,000 | | 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 | OFGEM | | Locality | LONDON | | Post town | South West London | | Postcode | SW1P 3GE | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | TLI London, TLJ South East (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79410000 - Business and management consultancy services ## Release History - 7 Dec 2017 at 17:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1 7th December 2017 - Opportunity notice on Contracts Finder - http://www.mytenders.org/search/show/search_view.aspx?ID=DEC149411 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-fb1fbf20-352b-4001-a976-700c7d29460c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c.json.