--- title: "Benchmarking Services for OFTO Tender Rounds" ocid: "ocds-h6vhtk-0503b6" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0503b6" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0503b6.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0503b6.json" source: "Find A Tender Service" current_stage: "Award" buyer: "OFGEM" published: "2026-01-28" --- # Benchmarking Services for OFTO Tender Rounds Buyer: OFGEM Current stage: Award OCID: ocds-h6vhtk-0503b6 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0503b6) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0503b6.json) ## Summary Ofgem, located in London, has awarded a contract for "Benchmarking Services for OFTO Tender Rounds" to Chatham Financial Europe Limited. The contract, part of an open procedure, covers various services, including financial management consultancy and financial information systems, and spans several OFTO tender rounds. The procurement stage is complete, with the contract signed on 15th January 2026, and it will be active from 19th January 2026 to 18th January 2029, with the option to extend it until 2030. The total contract value is outlined as £302,500, with a gross amount of £363,000 in GBP. This tender presents opportunities for businesses specializing in financial auditing, business consultancy, and financial information systems. Companies with a focus on providing expert advice on financial transactions, especially in the hedging sector, can leverage this opportunity for growth. The contract also implies potential extensions, allowing businesses to establish a long-term relationship with Ofgem and enhance their market credibility through successful execution of this high-impact project. ## Notice The OFTO team requires a benchmarking advisor to provide support on OFTO transactions and ensure that the most competitive pricing of any financial instrument is achieved at financial close. The supplier will need to demonstrate that a clear and transparent process is followed in arriving at this pricing. The Supplier shall provide expert advice on the hedging process up to and at FC on projects that take place over the life of the contract. These projects are likely to fall within Tender Round 10 (TR10), Tender Round 11 (TR11), Tender Round 12 (TR12) and Tender Round 13 (TR13). Please note that there is an option to extend this work to Tender Round 14 (TR14), however, the scope of this tender round is not yet defined. ### Lot Information Lot 1 Renewal: The option to extend for up to 1 x 12 month periods until 10th September 2029 ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/007656-2026 | | Notice type | UK7 - Contract Details Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | SME | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 28 Jan 2026 | | Submission deadline | 8 Aug 2025 | | Future notice date | 30 May 2025 | | Award date | 1 Oct 2025 | | Contract period | 19 Jan 2026 - 18 Jan 2029 | | Recurrence | 2030-02-28 | ## Values | Field | Value | | --- | --- | | Tender value | £242,350 | | Lots value | £242,350 | | Awards value | £240,000 | | Contracts value | £302,500 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Active | | Contracts status | Active | ## 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 | CHATHAM FINANCIAL EUROPE | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 48812000 - Financial information systems - 66000000 - Financial and insurance services - 79212000 - Auditing services - 79212100 - Financial auditing services - 79410000 - Business and management consultancy services - 79412000 - Financial management consultancy services ## Release History - 28 Jan 2026 at 14:44 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/007656-2026 - 6 Oct 2025 at 08:39 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/062382-2025 - 9 Jul 2025 at 15:05 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/038707-2025 - 16 Apr 2025 at 09:25 - Planning - UK3 - Planned Procurement Notice - https://www.find-tender.service.gov.uk/Notice/015438-2025 ## Documents - https://www.find-tender.service.gov.uk/Notice/007656-2026 28th January 2026 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/062382-2025 6th October 2025 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/038707-2025 9th July 2025 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/015438-2025 16th April 2025 - Planned procurement notice on Find a Tender - www.mytenders.co.uk The tender documents will be available from the mytenders website when published. - https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=605729 2025-011 Benchmarking Services for OFTO Tender Rounds ITT Document ## Notice URLs - http://www.ofgem.gov.uk - https://www.legislation.gov.uk/ukpga/2023/54/contents ## 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-h6vhtk-0503b6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0503b6.json.