Support for development of an OFTO-build model for non-radial offshore transmission infrastructure
OFGEM · London
Key facts
- Closing date
- 25 Aug 2023
- Contract starts
- 08 Oct 2023
- Contract ends
- 08 Apr 2024
- Procedure
- Open procedure
- Buyer type
- Central government
Description
Conduct an in-depth analysis on the roles and responsibilities of the respective parties and level of risk dependent on roles undertaken, including by assessing sub-categories of risk.Conduct an in-depth analysis on financing. In particular, how to obtain the best possible finance at the lowest cost to consumers; determining availability of construction finance; conduct an evaluation of the market and assess the market's appetite for new class of assets, by comparison to existing classes; and consider how consumers will benefit from any refinancing eg, how will any claw-back mechanism work for an OFTO Build.Act in an advisory capacity, providing advice to Ofgem on how best Ofgem could design a process which would incentivise timely delivery for OFTOs - taking into full consideration reward and risk.This includes providing advice on elements of the tender process such as: the optimum timing of competitive tender process, duration of the tender process and adjustments to the existing OFTO model to facilitate an OFTO Build, for Ofgem to then build and implement the process.Provide advice support on the treatment of the Tender Revenue Stream (TRS). In particular, looking at the adjustments required to the revenue structure to accommodate shared infrastructure.Provide advice on potential changes to Codes and Standards and other industry arrangements to facilitate an OFTO Build.These areas are among those which Ofgem have identified as significant and are carrying out further stakeholder engagement on these matters. The successful tenderer will be expected to view the material and feedback Ofgem have received to date, to ensure that it has full consideration of the area's it is expected to provide advice.
Categories (CPV)
- 71620000 Analysis services
Similar open tenders
PLACE1155H Lime Tree Wood (Beeley) Landslip- Repair Works
Location: West MidlandsBuyer: Derbyshire County Council
Open tenderCloses 5 Dec, 202630 daysValue £1.44mSource Find a TenderFor design and construction of a new wall to retain the carriageway, reconstruction of road pavement and highway boundary wall, earthworks reinstatement and associated works Location : Chesterfield Road at OS Grid ref. SK 27586 67431 east of the village of Beeley in Derbyshire (DE4 2NS).
Fusion21 Construction & Refurbishment Framework (2027-31)
Location: North WestBuyer: Fusion 21 Foundation
Open tenderCloses 8 Jan, 20272 monthsValue £1.00bnSource Find a TenderFusion21 is establishing a 4-year Construction and Refurbishment Framework. The framework will cover the provision of construction and refurbishment works for participating contracting authorities across the United Kingdom, in accordance with the objectives and requirements of the Procurement Act 2023 (PA23). Prelimina
LW195 QUP IMP Support - Castlevax
Location: North WestBuyer: Liverpool School of Tropical Medicine
Open tenderCloses 30 Nov, 202625 daysValue £100.00kSource Find a TenderLSTM is seeking to appoint a suitably qualified and authorised supplier to provide Qualified Person (QP) services and associated GMP, regulatory, importation, labelling and clinical trial supply services for the COVAXCHIM002 Phase 2b clinical trial, taking place in the UK, Belgium and Singapore. For more information ab
Condition Survey Programme Various Sites
Location: North WestBuyer: St Helens Council
Open tenderCloses 26 Nov, 202621 daysValue £100.00kSource Find a TenderSt Helens Council is seeking to appoint a suitably qualified contractor for the Condition Survey Programme Various Sites For a full specification for this opportunity, please register you interest. Please note that this opportunity is being ran as an open restricted tender, open to the businesses based within the follo
Footways Maintenance Survey (Lot 3) (2027)
Location: South EastBuyer: West Sussex County Council
Open tenderCloses 16 Nov, 202611 daysValue £60.00kSource Find a TenderWest Sussex County Council are seeking to and identify suitably qualified and interested organisations to obtain road condition data for the highway network for footways and remote cycleways during 2027.
Unclassified Road Conditions Survey (Lot 1) (2027)
Location: South EastBuyer: West Sussex County Council
Open tenderCloses 16 Nov, 202611 daysValue £75.00kSource Find a TenderWest Sussex County Council are seeking to and identify suitably qualified and interested organisations for the provision of Unclassified Road condition surveys during 2027.