Review of the OFTO Regime

OfgemcontractContracts FinderRef MT231979SME suitablecomplete
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Estimated value

£130k

Awarded value

£130k

Awarded 17 Apr 2024

Suppliers

1

Lots

1

1 awarded

Published

17 May 2024

Deadline 01 Jan 2024

Description

The subject of this contract is to review the Offshore Transmission Operator (OFTO) Regime. This review will be based upon the approach taken from an earlier review, conducted in 2016, which explored what benefits the first three OFTO tender rounds had delivered to consumer. As Ofgem has now having delivered a large pipeline of subsequent OFTO transactions, and require follow-up analysis be undertaken to determine potential benefits achieved.

Scope

Reference
MT231979
Total value
£129,960 excluding VAT
Commercial tool
Standalone contract
Contract dates
17 Apr 2024 to 16 Apr 2026
CPV classifications
66171000 72221000 72224000 79400000 79410000 79411100 79412000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
01 Jan 2024, 12:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£130k

Award date

17 Apr 2024

Contract start

17 Apr 2024

Contract end

16 Apr 2026