In deliveryUnited KingdomServices£242,350
Benchmarking Services for OFTO Tender Rounds
- Published
- Published 16 April 2025
- Deadline
- Closed 8 August 2025
Overview
The OFTO team requires a benchmarking advisor to provide support on OFTO transactions and ensure that the most competitive pricing of any financial instrument is achieved at financial close. The supplier will need to demonstrate that a clear and transparent process is followed in arriving at this pricing. 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.
Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Estimated value
- £242,350
- Procedure
- Open
- SME suitable
- Yes
- Published
- 16 April 2025
- Questions by
- 30 July 2025
- Deadline
- Closed
Financial information systemsFinancial and insurance servicesAuditing servicesFinancial auditing servicesBusiness and management consultancy servicesFinancial management consultancy services
Award outcome
- Awarded value
- £240,000
- Award date
- 1 October 2025
- Contract period
- 10 September 2025 → 10 September 2028
- Chatham Financial Europe Limited
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Notice history
Every published notice in this contracting process, newest first.
Contract
28 January 2026
View notice ↗Contract
6 October 2025
View notice ↗Contract Notice
9 July 2025
View notice ↗Prior Information Notice
16 April 2025
View notice ↗
Contracting authority
Ofgem
BuyerLondon, United Kingdom
GB-PPON: PWXD-5991-LZZP
Authority website ↗
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