2025-122 OFTO Cost Assessment Advisors
Buyer: Ofgem
- Published
- 2 October 2026
- Estimated value
- £1,666,667
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 093175-2026
- Reference
- ocds-h6vhtk-0689c7
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
- 76500000Onshore and offshore services
- 79412000Financial management consultancy services
Description
Ofgem is looking to procure the necessary Cost Assessment advisors 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. Ofgem are required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015. Provision of Cost Assessment consultancy support services will be crucial to ensure that a robust tender process takes place for upcoming tender rounds and without this, Ofgem will be unable to run an effective tender process. To facilitate a robust tender evaluation process, Ofgem requires the services of a supplier on various aspects of the tender and transaction process - evaluation of bidder submissions, and financial assessment required to bring the project to close/appoint an OFTO. Ofgem are required to undertake a cost assessment review of the OFTO assets for those projects that will be the subject of the tender process. This review is fundamental in determining the cost of building the transmission assets to ensure that those costs stated by the devel…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| GRANT THORNTON UK ADVISORY & TAX LLP | — | — |
Official publications
- FTS · 093175-2026 · 2 October 2026
Other tenders from Ofgem
- 2025-103 Technical Advisors to OFTO Team for Tender & Policy
- 2026-076 Technical Advisors Review of NESO
- 2025-061 Technical Auditing for Engineering
- 2026-065 -Generation Market Study
- NDRHI & GGSS Statistical and Targeted Audits
- 2026-072 Future Price Control Frameworks
- 2025-089 PRA Subscription
- 2025-066 GGL Corella Data
- 2025-040 Vantage components and Non-Domestic Renewable Heat Incentive (NDRHI) scheme CRM support services
- 2025-108 Accredited MSc Programme in Energy Regulation
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £1,666,667.
- Who is the buyer of this tender?
- The contracting authority is Ofgem (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
Create a free account and receive new public tenders published in the United Kingdom that match your business, every day.