Professional Advisory Services to Support Ofgem-S Ofto Team

GreatbritainTenders notice for Professional Advisory Services to Support Ofgem-S Ofto Team. The reference ID of the tender is 56760025 and it is closing on 27 Sep 2021.

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Tender Details

  • Country: United Kingdom
  • Summary: Professional Advisory Services to Support Ofgem-S Ofto Team
  • GBT Ref No: 56760025
  • Deadline: 27 Sep 2021
  • Competition: ICB
  • Financier: Self Financed
  • Purchaser Ownership: -
  • Tender Value: Refer Document
  • Notice Type: Tender
  • Document Ref. No.: AUG371497
  • Purchaser's Detail :
  • Purchaser : OFGEM
    Ofgem
    10 South Colonnade, Canary Wharf
    London
    E14 4PU
    UK
    Telephone : +44 2079017000
    E-mail : procurement2@ofgem.gov.uk
    NUTS : UKI
    Internet address(es)
    Main address : http : //www.ofgem.gov.uk
    Address of the buyer profile : https : //www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA10021

    Email :procurement2@ofgem.gov.uk
    URL :http://www.ofgem.gov.uk

  • Description :
  • OFTO licences, granted through the competitive process, confer certain rights and responsibilities on OFTOs, including the right to a regulated revenue stream for a defined period in return for provision of transmission services.

    Title: Professional Advisory Services to Support OFGEM-s OFTO Team
    Published by: Ofgem
    Publication Date: 27/08/2021
    Deadline Date: 27/09/2021
    Deadline Time: 12:00
    Notice Type: Contract Notice
    Has Documents: No
    Has ESPD: No
    Abstract: The primary responsibility of the financial advisors, 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 technical and insurance advisors. This is to ensure that the most economically advantageous tender is selected. The Preferred Bidder (PB) 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.All advisors will work collaboratively in the EPQ (Enhanced Pre-Qualification) and ITT (Invitation to Tender) stages. The financial advisor will be fulfilling the role of Lead Evaluator for both the stages, acting as a single point of contact for the Authority, bringing together all of the evaluation sections/r...
  • Documents :
  •  Tender Notice

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