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In deliveryUnited KingdomServices£1,666,000Add to pipeline

2025-122 OFTO Cost Assessment Advisors

Awarded to Grant Thornton UK Advisory & Tax LLP

Ofgem(buyer)

Published
Published 23 April 2026
Deadline
Closed 22 May 2026
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Overview

Ofgem is procuring cost assessment advisory services for its Offshore Transmission Owners (OFTO) team to support regulatory duties and tender processes for offshore transmission projects under the Tender Regulations 2015. The scope includes evaluation of bidder submissions, financial assessment, and cost assessment review of OFTO assets to ensure robust tender evaluation and value for money for consumers. The contract is estimated at £1.66 million with a submission deadline of 22 May 2026.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£1,666,000
Procedure
Open
SME suitable
Yes
Published
23 April 2026
Questions by
14 May 2026
Deadline
Closed
Classification (CPV)
Financial consultancy servicesOnshore and offshore servicesFinancial auditing servicesFinancial management consultancy services

Award outcome

Awarded value
£1,666,000
Award date
23 July 2026
Contract period
31 July 2026 → 31 July 2030
Winner
  • Grant Thornton UK Advisory & Tax LLP

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    2 October 2026

  2. Contract

    24 July 2026

  3. Tender Update

    15 May 2026

  4. Contract Notice

    23 April 2026

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