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2025-011 Benchmarking Services for OFTO Tender Rounds

Ofgem

Buyer Contact Info

Buyer Name: Ofgem

Buyer Address: 10 South Colonnade, London, UKI42, E14 4PU, United Kingdom

Contact Name: Alfie Ellis

Contact Email: procurement2@ofgem.gov.uk

Contact Telephone: +44 2079013089

Status
active
Procedure
open
Value
242350.0 GBP
Gross: 290808 GBP
Published
09 Jul 2025, 15:05
Deadline
08 Aug 2025, 11:00
Contract Start
n/a
Contract End
n/a
Category
services
CPV
79212100 - Financial auditing services
Region
n/a
Awarded To
n/a
Official Source
Open Find a Tender

Description

The Supplier shall provide expert advice on the hedging process up to and at FC on projects that take place over the life of the contract. These projects are likely to fall within Tender Round 10 (TR10), Tender Round 11 (TR11), Tender Round 12 (TR12) and Tender Round 13 (TR13). Please note that there is an option to extend this work to Tender Round 14 (TR14), however, the scope of this tender round is not yet defined.

Linked Documents

Select a document to preview.

Opportunity Context

More Information Links

External Link: https://www.find-tender.service.gov.uk/Notice/038707-2025

Link Description: Tender notice on Find a Tender

Lots

Lot 1 Status: active

Lot 1 Value: GBP 242,350

Lot 1 Value (Gross): GBP 290,808

Lot 1 Contract Start: 2025-09-11T00:00:00+01:00

Lot 1 Contract End: 2028-09-10T23:59:59+01:00

Lot 1 SME Suitable: Yes

Lot 1 Award Criterion (price): Commercial (40%)

Lot 1 Award Criterion (quality): Technical (60%)

Documents

Document Description: 2025-011 Benchmarking Services for OFTO Tender Rounds ITT Document

Document Description: Not published

Document Description: Tender notice on Find a Tender

Raw Notice JSON

Expand raw payload
{
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  "date": "2025-07-09T16:05:44+01:00",
  "id": "038707-2025",
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        "locality": "London",
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        "region": "UKI42",
        "streetAddress": "10 South Colonnade"
      },
      "contactPoint": {
        "email": "procurement2@ofgem.gov.uk",
        "name": "Alfie Ellis",
        "telephone": "+44 2079013089"
      },
      "details": {
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            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
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      },
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      "roles": [
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      ]
    }
  ],
  "tag": [
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  ],
  "tender": {
    "aboveThreshold": true,
    "awardPeriod": {
      "endDate": "2025-08-26T23:59:59+01:00"
    },
    "contractTerms": {
      "financialTerms": "Invoices must be sent to invoices@ofgem.gov.uk and contain the relevant Con / Spec number (2025-011) and Purchase Order number.\nPayment will be made via BACS to the bank details provided by the supplier."
    },
    "description": "The Supplier shall provide expert advice on the hedging process up to and at FC on projects that take place over the life of the contract. These projects are likely to fall within Tender Round 10 (TR10), Tender Round 11 (TR11), Tender Round 12 (TR12) and Tender Round 13 (TR13). Please note that there is an option to extend this work to Tender Round 14 (TR14), however, the scope of this tender round is not yet defined. ",
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      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      },
      {
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        "description": "Tender notice on Find a Tender",
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    ],
    "enquiryPeriod": {
      "endDate": "2025-07-30T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "id": "2025-011",
    "items": [
      {
        "additionalClassifications": [
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          {
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            "id": "79212000",
            "scheme": "CPV"
          },
          {
            "description": "Financial management consultancy services",
            "id": "79412000",
            "scheme": "CPV"
          },
          {
            "description": "Business and management consultancy services",
            "id": "79410000",
            "scheme": "CPV"
          },
          {
            "description": "Financial and insurance services",
            "id": "66000000",
            "scheme": "CPV"
          },
          {
            "description": "Financial information systems",
            "id": "48812000",
            "scheme": "CPV"
          }
        ],
        "deliveryAddresses": [
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            "country": "GB",
            "countryName": "United Kingdom",
            "region": "UK"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
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        "awardCriteria": {
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                {
                  "number": 40.0,
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                }
              ],
              "type": "price"
            },
            {
              "name": "Technical",
              "numbers": [
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                  "number": 60.0,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2028-09-10T23:59:59+01:00",
          "maxExtentDate": "2029-09-10T23:59:59+01:00",
          "startDate": "2025-09-11T00:00:00+01:00"
        },
        "hasRenewal": true,
        "id": "1",
        "renewal": {
          "description": "The option to extend for up to 1 x 12 month periods until 10th September 2029"
        },
        "selectionCriteria": {
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              "description": "Further information is included within the tender documentation ",
              "type": "economic"
            },
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              "description": "Further information is included within the tender documentation",
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            }
          ]
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        "status": "active",
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          "sme": true
        },
        "value": {
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          "currency": "GBP"
        }
      }
    ],
    "mainProcurementCategory": "services",
    "procurementMethod": "open",
    "procurementMethodDetails": "Open procedure",
    "recurrence": {
      "dates": [
        {
          "startDate": "2030-02-28T23:59:59+00:00"
        }
      ]
    },
    "status": "active",
    "submissionMethodDetails": "www.mytenders.co.uk\nTenders and all associated documents required as part of the tender submission must be submitted BEFORE 12noon on the date of tender closing for a supplier\u2019s offer to be deemed compliant.",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
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      ]
    },
    "tenderPeriod": {
      "endDate": "2025-08-08T12:00:00+01:00"
    },
    "title": "2025-011 Benchmarking Services for OFTO Tender Rounds",
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      "amount": 242350,
      "amountGross": 290808,
      "currency": "GBP"
    }
  }
}