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2025-123 Insurance Advisors to OFTO team for Tender and Policy
BuyerOfgem(ID: GB-CFS-84321)
AwardedCFSME Friendly
Value
£1,000,000
Region
—
Deadline
1 Jan 2026
Status
complete
Published
—
Contract Start
20 Aug 2026
Contract End
19 Aug 2030
CPV Classification
66510000Insurance services
Description
Ofgem is looking for expert insurance consultancy services to support decision making and policy development for a range of requirements in the Offshore Transmission Owner (OFTO) regime.
The primary responsibility of the supplier is to assist Ofgem in running an efficient tender and transaction process.
This will include preparatory work in advance of the Tender Rounds and evaluating bid submissions in coordination with other appointed financial and technical advisors. This is to ensure that t…Ofgem is looking for expert insurance consultancy services to support decision making and policy development for a range of requirements in the Offshore Transmission Owner (OFTO) regime.
The primary responsibility of the supplier is to assist Ofgem in running an efficient tender and transaction process.
This will include preparatory work in advance of the Tender Rounds and evaluating bid submissions in coordination with other appointed financial and technical advisors. This is to ensure that the most advantageous tender is selected. The supplier will then proceed to the transaction stage where Ofgem will require further support to
aid the process to Licence Grant (LG) and Financial Close (FC). Effective transfer of knowledge on each stage of the process along with general advice on lessons learned is also required