Source: https://tendernation.io/opportunities/01a13c1b-33e3-70a8-afa3-3501405fea3b/oga-financial-due-diligence-guidance-update

closed GB open procedure Suitable for SMEs

# OGA Financial Due Diligence Guidance Update

[Oil and Gas Authority](https://tendernation.io/buyers/oil-and-gas-authority)

Estimated value

£49,000

Published

27 Feb 2017

Deadline

Closed

10 Mar 2017

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The OGA feel that it is appropriate to develop new financial guidance that is fit for purpose and enables the OGA to make effective licensing decisions in its role as regulator. The OGA require a contractor to develop, in close collaboration with the OGA, and produce the following documents:

• An updated draft of the external guidance to Licensees on which data the OGA requires and how the OGA will use these data through the due diligence process. This should cover each Licence event for which the OGA performs due diligence and be capable of being applied to all main funding models currently deployed and under consideration in the UKCS.

• Internal guidance in the form of desk notes outlining the procedure which OGA staff will follow when performing due diligence, in each of the scenarios outlined above.

Additional information: Tender closes 10th March 2017 2pm

## CPV classification

Professional services for the gas industry

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/f9d2e125-3c5e-4668-8f79-f1bac14e3933)

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