Financial Adviser for Offshore Transmission Tender Round 11 (TR11)

Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11). Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder.

The capabilities and skills required by the successful supplier will be an ability to:

• Advise Ofgem on design, implementation and management of the tender process, ensuring necessary quality assurance measures are in place.
• Provide advice and input to technical information contained in tender documentation.
• Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages.
• Ensure that the evaluation is peer reviewed and internally moderated.
• Work proactively and effectively with the financial and insurance advisers to facilitate an integrated final evaluation report.
• Address uncertainties and risk in the OFTO regime where it will deliver value to consumers; and
• Provide Ofgem with any technical advice necessary.