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The OFGEM has issued a Tender notice for the procurement of a 2025-087- Financial Advisors to Ofto Team for Tender and Policy in the United Kingdom. This Tender notice was published on 08 May 2026 and is scheduled to close on 15 May 2026, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 140845491, while the tender notice number is 2025-087 and Registering on the platform.
Procurement Summary
Country: United Kingdom
Summary: 2025-087- Financial Advisors to Ofto Team for Tender and Policy
Deadline: 15 May 2026
Posting Date: 08 May 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 140845491
Document Ref. No.: 2025-087
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
CPV Classification
76500000 - Onshore and offshore servicesPurchaser's Detail
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Email: Login to see tender_detailsLogin to see details Tender Details Ofgem is looking to procure the necessary financial advisers for the Offshore Transmission Owners (OFTO) team to continue its regulatory duties. Provision of these services will be crucial and without this, Ofgem will be unable to run effective tender processes for the upcoming tender rounds. The successful supplier will be required to provide specialist financial support to review Ofgem's tender process in evaluating bidders. This will include: Providing advice on the Information Memoranda, guidance documents, evaluation methodology documents, and any further documents as required. This may include helping to implement changes to the EPQ process and documentation if required. Undertaking comparative bid evaluation of the technical sections only at the EPQ Stage and the ITT Stage. The appointed financial advisor shall fulfil the role of Lead Evaluator and shall act as a single point of contact for these stages, by coordinating the technical and insurance advisors' evaluation work and bringing together their respective evaluation reports. Assessing bid submissions against the existing scoring methodologies and evaluation criteria and providing an overview of the robustness and cost effectiveness of technical aspects of each bid submission. Further details can be found in the attached tender document. Furthermore, Ofgem plans to publish additional OFTO‑related procurement opportunities in the near future, specifically covering the appointment of Technical Advisors and Cost Asse... Documents
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