FTS UK public procurement

Benchmarking Services for OFTO Tender Rounds

Ofgem

CompleteOCDS ID ocds-h6vhtk-0503b6
Tender value£242,3501 awards · 1 contracts

01 Procurement

Tender overview

Updated 28 January 2026
Buyer
Ofgem
Status
Complete
Procurement method
Open procedure
Category
services
CPV classification
Not supplied
Tender period
Not supplied — 8 August 2025

Description

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.

i

This page represents one OCDS contracting process. Notices can be revised over time. Values may be estimates, award values or contract values and should be read with their displayed stage and date.

02 Awards and contracts

Published award records

1 shown
Active

Benchmarking Advisor Services for OFTO Rounds

Awarded
1 October 2025
Award value
£240,000
Suppliers
1
Signed contract
15 January 2026

03 Organisations

Buyers, suppliers and other parties

2 parties
Buyer

Ofgem

10 South Colonnade, London, UKI42, E14 4PU, United Kingdom

GB-PPON PWXD-5991-LZZP

Companies House links appear only for explicit GB-COH identifiers. BritDB does not create company links from a similar name or address.

04 Provenance

Source for this process

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