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2025-087 Financial Advisors to OFTO Team for Tender & Policy

Awarded

2025-087International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

Ofgem has awarded contract 2025-087 to CEPA LLP for the provision of specialist financial advisory services to support the Offshore Transmission Owners team in fulfilling its regulatory duties. Valued at 9,500,000 pounds including VAT, the agreement runs from September 16, 2026, to September 9, 2030. These services are essential for the execution of effective tender processes, ensuring that Ofgem has the necessary expertise to manage upcoming tender rounds. The successful supplier is responsible for providing high-level financial support, including the review and development of information memoranda, guidance documents, and evaluation methodologies. A primary function of the advisor is to serve as the Lead Evaluator during the EPQ and ITT stages, where they will coordinate the work of technical and insurance advisors. This involves conducting comparative bid evaluations of technical sections, assessing submissions against established scoring criteria, and analyzing the overall robustness and cost effectiveness of each bid.

General Info

Ofgem awarded CEPA LLP 9.5 million pounds for specialist financial advisory services through 2030.

Agency

Ofgem

Contract Value

NAICS

541611 - Administrative Management and General Management Consulting Services

Place of Performance

GBR

Set-Aside

NONE

Awardee

CEPA

Documents

Ofgem 2025-087 Financial Advisors to OFTO Team for Tender & Policy

award

Low

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

CLEATUS splits the solicitation into Uniform Contract Format (UCF) sections: scope, pricing, deliverables, and evaluation criteria.

Timeline

PhaseAwarded

PostedOct 12

Award Notice

AwardedOct 29

Contract was awarded

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Organization & Contact Information

AgencyOfgem

Contacts1 person available

OfficeN/A

Organization / AgencyOfgem

Office AddressN/A

Contacts

contact@example.gov

Full Description

Ofgem is looking to procure the necessary financial advisors for the Offshore Transmission Owners (OFTO) team to continue its regulatory duties. Provision of these services will be crucial and without this, Ofgem will be unable to run effective tender processes for the upcoming tender rounds. The successful supplier will be required to provide specialist financial support to review Ofgem's tender process in evaluating bidders. This will include: Providing advice on the Information Memoranda, guidance documents, evaluation methodology documents, and any further documents as required. This may include helping to implement changes to the EPQ process and documentation if required. Undertaking comparative bid evaluation of the technical sections only at the EPQ Stage and the ITT Stage. The appointed financial advisor shall fulfil the role of Lead Evaluator and shall act as a single point of contact for these stages, by coordinating the technical and insurance advisors’ evaluation work and bringing together their respective evaluation reports. Assessing bid submissions against the existing scoring methodologies and evaluation criteria and providing an overview of the robustness and cost effectiveness of technical aspects of each bid submission.