Support for development of an OFTO-build model for non-radial offshore transmission infrastructure
Buyer: Ofgem
- Published
- 15 December 2023
- Estimated value
- £376,290
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 037027-2023
- Reference
- ocds-h6vhtk-03ea5e
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
- 71621000Technical analysis or consultancy services
- 79411000General management consultancy services
Description
Conduct an in-depth analysis on the roles and responsibilities of the respective parties and level of risk dependent on roles undertaken, including by assessing sub-categories of risk. Conduct an in-depth analysis on financing. In particular, how to obtain the best possible finance at the lowest cost to consumers; determining availability of construction finance; conduct an evaluation of the market and assess the market’s appetite for new class of assets, by comparison to existing classes; and consider how consumers will benefit from any refinancing eg, how will any claw-back mechanism work for an OFTO Build. Act in an advisory capacity, providing advice to Ofgem on how best Ofgem could design a process which would incentivise timely delivery for OFTOs – taking into full consideration reward and risk. This includes providing advice on elements of the tender process such as: the optimum timing of competitive tender process, duration of the tender process and adjustments to the existing OFTO model to facilitate an OFTO Build, for Ofgem to then build and implement the process. Provide advice support on the treatment of the Tender Revenue Stream (TRS). In particular, looking at the adj…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| CEPA LLP | — | — |
Official publications
- FTS · 037027-2023 · 15 December 2023
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £376,290.
- 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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