Published date: 15 December 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 25 August 2023, 12pm

Contract summary

Industry

  • Analysis services - 71620000

Location of contract

Any region

Value of contract

£376,290

Procurement reference

MT230694

Published date

15 December 2023

Closing date

25 August 2023

Closing time

12pm

Contract start date

2 November 2023

Contract end date

1 May 2024

Contract type

Service contract

Procedure type

Open procedure

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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 adjustments required to the revenue structure to accommodate shared infrastructure.Provide advice on potential changes to Codes and Standards and other industry arrangements to facilitate an OFTO Build.These areas are among those which Ofgem have identified as significant and are carrying out further stakeholder engagement on these matters. The successful tenderer will be expected to view the material and feedback Ofgem have received to date, to ensure that it has full consideration of the area's it is expected to provide advice.

More information

Links

Award information

Awarded date

2 November 2023

Contract start date

2 November 2023

Contract end date

1 May 2024

Total value of contract

£376,290

This contract was awarded to 1 supplier.

CEPA LLP

Address

Queens House, 55-56 Lincoln's Inn Fields, London

Reference

Companies House number: OC326074

Value of contract

£376,290

About the buyer

Address

10 South Colonnade, Canary Wharf
London
E14 4PU
England

Telephone

+44 2079017000

Email

Allan.Weir@ofgem.gov.uk

Website

http://www.ofgem.gov.uk