Heads of Terms for agreement SPV model onshore electricity transmission projects
key details
| Value | £100,000 |
|---|---|
| Status | active |
| Category (CPV) | 79410000 |
| Region | South East, London |
| Deadline | 3 Jan 2018 |
| Contract start | 15 Jan 2018 |
| Contract end | 30 Mar 2018 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-fb1fbf20-352b-4001-a976-700c7d29460c |
description
This Scope of Work (SoW) sets out the Ofgem's requirements for consultancy support to be provided for the development of heads of terms for a generic delivery agreement between an incumbent Transmission Owner (TO) and Special Purpose Vehicle (SPV), where Ofgem decides to introduce competition into the delivery of onshore electricity transmission via the 'SPV model'.
The delivery agreement should consider, amongst other things:
- responsibilities (e.g. discharging of planning consents) and information sharing (e.g. reporting) between TO and SPV.
- project design, specification and delivery requirements.
- price and payment structure (e.g. how and when revenue flows).
- arrangements for variations (e.g. to specification, programme or price).
- how specific liabilities (e.g. in relation to construction delivery and operational performance) and risks are allocated and managed.
- any performance incentives (upside and downside).
- arrangements for completion and handover to the TO at the end of the revenue period.
- credit rating and counterparty risk; and
- step-in and termination arrangements, e.g. TO and SPV lender rights.
documents
- https://www.contractsfinder.service.gov.uk/Notice/75e9b9e1-ee6f-4c05-b722-9c880819f2a1 , tenderNotice
- http://www.mytenders.org/search/show/search_view.aspx?ID=DEC149411 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 7 Dec 2017 | Tender (tender) | · | 75e9b9e1-ee6f-4c05-b722-9c880819f2a1-185958 |
more from Ofgem
- 2026-003 Software and Hardware Asset Management System · £131,142 · 22 Jul 2026
- 2026-022 HR and Payroll Software (iTrent) · £885,000 · 22 Jul 2026
- 2026-050 Recruitment Campaign for CEO · £78,000 · 12 Jun 2026
- 2026-029 Social Media Listening Tool · £128,640 · 12 Jun 2026
- 2026-051 Recruitment Campaign for Chief Economist · £52,000 · 12 Jun 2026
- 2026-002 Locational Analytic Licenses · £100,000 · 4 Jun 2026
- 2026-016 Legal Support for CSR Project · £120,000 · 19 May 2026
- 2025-102 Corporate Responsibilities Project - Strategy and Policy Review · £148,452 · 19 May 2026
all contracts from this buyer →
similar contracts awarded
Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.
- Skilled Person Review · BANK OF ENGLAND · £142,950
- Housing Capital Programme Review and Improvement Consultancy · London Borough of Lewisham · £100,000
- Lancashire County Council Levelling Up Fund Programme of Works - Project 2 including the NEPRO3 · Lancashire County Council · £101,200
- SEDPS-NH-0037-A52 Nottingham Active Community Engagement · National Highways Limited · £69,554
- Cost Intelligence · Great British Energy - Nuclear
- Consumer Value Consultancy Services · Scottish Hydro Electric Transmission plc · £500,000,000
- Supply Chain Consultancy Framework · Post Office Limited · £12,000,000
- Business Support Consultancy Panel · Borough of Telford & Wrekin · £177,000
source
Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.