Published date: 7 December 2017

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 3 January 2018

Contract summary

Industry

  • Business and management consultancy services - 79410000

Location of contract

South East, London

Value of contract

£80,000 to £100,000

Procurement reference

MT205171

Published date

7 December 2017

Closing date

3 January 2018

Contract start date

15 January 2018

Contract end date

30 March 2018

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This Scope of Work (SoW) sets out the Ofgem's requirements for consultancy support to be provided for the development of heads of terms for a generic delivery agreement between an incumbent Transmission Owner (TO) and Special Purpose Vehicle (SPV), where Ofgem decides to introduce competition into the delivery of onshore electricity transmission via the 'SPV model'.
The delivery agreement should consider, amongst other things:
- responsibilities (e.g. discharging of planning consents) and information sharing (e.g. reporting) between TO and SPV.
- project design, specification and delivery requirements.
- price and payment structure (e.g. how and when revenue flows).
- arrangements for variations (e.g. to specification, programme or price).
- how specific liabilities (e.g. in relation to construction delivery and operational performance) and risks are allocated and managed.
- any performance incentives (upside and downside).
- arrangements for completion and handover to the TO at the end of the revenue period.
- credit rating and counterparty risk; and
- step-in and termination arrangements, e.g. TO and SPV lender rights.

More information

Links

About the buyer

Contact name

Nadia Coleby

Address

9 Millbank
London
SW1P 3GE
England

Telephone

+44 2079017000

Email

nadia.coleby@ofgem.gov.uk

Website

http://www.ofgem.gov.uk