2026-043 LDES Economic and Financial Support
Reference ocds-b5fd17-89c31417-12fe-47cc-9fce-c7f7082099e6 · Ofgem
Awarded to CPCS TRANSCOM UK LTD for £900,000.
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Amounts and figures
Description
Ofgem is nearing completion of the first application window (Window 1) for LDES, with projects having progressed through eligibility and detailed project assessment stages. The current phase of the programme is focused on final awards and finalising licence parameters and preparing for licence awards, expected in Autumn 2026. This represents a critical transition from policy development to implementation. As the regime moves into delivery and future allocation rounds, Ofgem requires robust, evidence-based approaches to project specific economic assessment, revenue modelling, and project evaluation. Setting cap and floor levels relies on a robust understanding of project financial viability, including the interaction between costs, revenues, and risk. There remains a risk that poorly evidenced or unrealistic financial assumptions could lead to inappropriate support levels, thereby exposing consumers to unnecessary cost and risk. This principle remains central as Ofgem (i) finalises decisions for Window 1 projects, (ii) monitors and refines the regime during implementation, and (iii) incorporates lessons learned into the design and delivery of future application windows. Ofgem the…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| CPCS TRANSCOM UK LTD | £900,000 | 26 October 2026 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 13463655-1865-44c1-b6fd-8e3715b0197e-921447 | 12 November 2026 |
| Contracts Finder | 13463655-1865-44c1-b6fd-8e3715b0197e-921447 | 12 November 2026 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 1 January 2026. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £900,000.
- 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.
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