Review of the OFTO Regime

Contract summary

Industry

• Financial consultancy services - 66171000

• Business analysis consultancy services - 72221000

• Project management consultancy services - 72224000

Show additional CPV codes for this notice

• Business and management consultancy and related services - 79400000

• Business and management consultancy services - 79410000

• Business development consultancy services - 79411100

• Financial management consultancy services - 79412000

Location of contract

Any region

Value of contract

£129,960

Procurement reference

MT231979

Published date

17 May 2024

Closing date

1 January 2024

Closing time

12am

Contract start date

18 April 2024

Contract end date

17 April 2026

Contract type

Service contract

Procedure type

Open procedure

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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Description

The subject of this contract is to review the Offshore Transmission Operator (OFTO) Regime. This review will be based upon the approach taken from an earlier review, conducted in 2016, which explored what benefits the first three OFTO tender rounds had delivered to consumer. As Ofgem has now having delivered a large pipeline of subsequent OFTO transactions, and require follow-up analysis be undertaken to determine potential benefits achieved.

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More information

Links

• https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAY168163
• Tender notice
• NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

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Award information

Awarded date

18 April 2024

Contract start date

18 April 2024

Contract end date

17 April 2026

Total value of contract

£129,960

This contract was awarded to 1 supplier.

Smith Square Partners Llp

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About the buyer

Contact name

Lynsey Gordon

Address

10 South Colonnade
Canary Wharf
London
E14 4PU
England

Telephone

+44 2079017000

Email

procurement2@ofgem.gov.uk

Website

http://www.ofgem.gov.uk