Scope
Reference
2025-011
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.
Contract 1. Benchmarking Advisor Services for OFTO Rounds
Supplier
Contract value
- £240,000 excluding VAT
- £288,000 including VAT
Above the relevant threshold
Award decision date
2 October 2025
Date assessment summaries were sent to tenderers
2 October 2025
Standstill period
- End: 15 October 2025
- 8 working days
Earliest date the contract will be signed
19 October 2025
Contract dates (estimated)
- 20 October 2025 to 19 October 2028
- Possible extension to 19 October 2029
- 4 years
Description of possible extension:
The option to extend for up to 1x 12 month period until 19th October 2029
Main procurement category
Services
CPV classifications
- 72224000 - Project management consultancy services
- 48442000 - Financial systems software package
- 48490000 - Procurement software package
Contract locations
- UK - United Kingdom
Information about tenders
- 2 tenders received
- 2 tenders assessed in the final stage:
- 2 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 1 supplier unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Open procedure
Supplier
Chatham Financial Europe, Ltd
- Companies House: 04223247
New Derwent House, 69-73 Theobalds Road,
London
WC1X 8TA
United Kingdom
Email: araoof@cf.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Benchmarking Advisor Services for OFTO Rounds
Contracting authority
Ofgem
- Public Procurement Organisation Number: PWXD-5991-LZZP
10 South Colonnade
London
E14 4PU
United Kingdom
Contact name: Alfie Ellis
Telephone: +44 2079013089
Email: procurement2@ofgem.gov.uk
Website: http://www.ofgem.gov.uk
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - sub-central government