2025-061 Technical Auditing for Engineering
Description: This procurement is for auditors to be employed by the Authority, to carry out asset management audits and engineering asset assurance inspections at gas and electricity sites. Ofgem requires a supplier to assess, inspect and investigate the asset management systems and equipment of licensees with a view to providing assurance that suitable governance is in place and equipment is being maintained in accordance with the relevant standards in practice. In order to do so, the suppliers may be required, but not limited to the following pieces of work: Item 1 The suppliers would provide their expert view on the following: Whether the Licensee's asset management policies and procedures are fit for purpose and consistent with international best practice. Additionally, the supplier would provide an assessment of asset management (read more...)
Summary: The current procurement process, initiated by Ofgem, is in the tender stage and pertains to "2025-061 Technical Auditing for Engineering." The contract involves conducting asset management audits and engineering assurance inspections at gas and electricity sites across the United Kingdom, specifically targeting key infrastructural components such as transformers and compressors. The process is executed under an open procedure, encouraging broad participation from qualified entities. Interested parties have until 12:00 noon on 9 July 2026 to submit their tender responses via the designated postbox facility. The procurement, valued at an estimated £4,000,000 gross, holds significant strategic importance, reflecting a commitment to maintaining compliance with international standards and ensuring asset integrity throughout principal utility sites. This initiative is set to commence in September 2026 and extend until September 2028, with a potential option for a two-year renewal.