Published date: 24 March 2022

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


Closing: 1 January 2022, 12am

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

Any region

Value of contract

£499,000

Procurement reference

MT225650

Published date

24 March 2022

Closing date

1 January 2022

Closing time

12am

Contract start date

7 March 2022

Contract end date

6 March 2025

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

Support is required to run a tender exercise for all offshore transmission projects that qualify under the Tender Regulations 2015. Provision of financial consultancy support services will be crucial to ensuring that a robust tender process takes place for TR9. This will include advice and support on areas such as market capacity, existing funding models and options, key financial parameters to be reflected in the process (e.g. indexation policy), input to the design and content of tender questionnaire criteria and documentation, evaluation of bidder submissions, as well as various aspects of financial assessment required to bring the project to close/appoint an OFTO.

More information

Links

Award information

Awarded date

24 March 2022

Contract start date

7 March 2022

Contract end date

6 March 2025

Total value of contract

£499,000

This contract was awarded to 1 supplier.

Smith Square Partners

Address

Westminster Tower, 3 Albert Embankment, London

Reference

Companies House number: OC357682

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Kay Meehan

Address

10 South Colonnade
Canary Wharf
London
E14 4PU
England

Telephone

+44 2079017000

Email

procurement2@ofgem.gov.uk

Website

http://www.ofgem.gov.uk