Source: https://tendernation.io/opportunities/01a13c85-c94a-71a9-896c-1feab05ae178/2021-069-technical-advisor-for-offshore-tender-round-5-tr5

awarded GB open procedure Suitable for SMEs

# 2021-069 Technical Advisor for Offshore Tender Round 5 (TR5)

[Ofgem](https://tendernation.io/buyers/ofgem)

Estimated value

£56,000

Published

23 Jun 2021

Deadline

Closed

1 Jan 2021

## 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 Authority runs competitive tenders to grant offshore electricity transmission licences, with the successful bidder becoming the Offshore Transmission Owner (OFTO). OFTO licences confer certain rights and responsibilities on OFTOs, including the right to a regulated revenue stream for a period of up to 20 years in return for provision of transmission services.

Through the tender process, interested parties have the opportunity to bid to become an OFTO. The offshore transmission assets that the OFTO takes ownership of are acquired at a transfer value determined by The Authority. Following transfer of ownership, the OFTO owns and manages the transmission assets (including the cables and associated connection equipment) between the offshore point of connection with the generator and the point of connection with the onshore network.

The scope of the work in this request includes activities relating to the transaction stage which is the final stage of this tender process. This is the stage where we progress the Preferred Bidder through to Licence Grant and Financial Close.

## CPV classification

Evaluation consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/ffa63bd4-ccfe-4e28-9964-c923c8f33b85)

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