Published date: 23 June 2021

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


Closing: 1 January 2021, 12am

Contract summary

Industry

  • Technical services - 71356000

  • Technical analysis or consultancy services - 71621000

  • Business analysis consultancy services - 72221000

    • Evaluation consultancy services - 79419000

Location of contract

Any region

Value of contract

£56,000

Procurement reference

MT223193

Published date

23 June 2021

Closing date

1 January 2021

Closing time

12am

Contract start date

18 June 2021

Contract end date

17 May 2022

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

The Authority runs competitive tenders to grant offshore electricity transmission licences, with the successful bidder becoming the Offshore Transmission Owner (OFTO). OFTO licences confer certain rights and responsibilities on OFTOs, including the right to a regulated revenue stream for a period of up to 20 years in return for provision of transmission services.
Through the tender process, interested parties have the opportunity to bid to become an OFTO. The offshore transmission assets that the OFTO takes ownership of are acquired at a transfer value determined by The Authority. Following transfer of ownership, the OFTO owns and manages the transmission assets (including the cables and associated connection equipment) between the offshore point of connection with the generator and the point of connection with the onshore network.
The scope of the work in this request includes activities relating to the transaction stage which is the final stage of this tender process. This is the stage where we progress the Preferred Bidder through to Licence Grant and Financial Close.


More information

Links


Award information

Awarded date

17 June 2021

Contract start date

18 June 2021

Contract end date

17 May 2022

Total value of contract

£56,000

This contract was awarded to 1 supplier.

Atkins

Address

Ashley Road, , Epsom

Reference

Companies House number: 00688424

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

Allan Weir

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