Procurement

Benchmarking Services for OFTO Tender Rounds

• Ofgem

Procurement identifier (OCID): ocds-h6vhtk-0503b6

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.

Notices

UK7: Contract details notice

• Notice identifier: 2026/S 000-007656
• Published: 28 January 2026, 2:44pm

UK6: Contract award notice

• Notice identifier: 2025/S 000-062382
• Published: 6 October 2025, 9:39am

UK4: Tender notice

• Notice identifier: 2025/S 000-038707
• Published: 9 July 2025, 4:05pm

UK3: Planned procurement notice

• Notice identifier: 2025/S 000-015438
• Published: 16 April 2025, 10:25am