Support for development of an OFTO-build model for non-radial offshore transmission infrastructure

Award

Buyers

Value

£376,290

Suppliers

Classifications

  • Analysis services

Tags

  • award

Submission Deadline

1 year ago

Published

11 months ago

Description

Conduct an in-depth analysis on the roles and responsibilities of the respective parties and level of risk dependent on roles undertaken, including by assessing sub-categories of risk.Conduct an in-depth analysis on financing. In particular, how to obtain the best possible finance at the lowest cost to consumers; determining availability of construction finance; conduct an evaluation of the market and assess the market's appetite for new class of assets, by comparison to existing classes; and consider how consumers will benefit from any refinancing eg, how will any claw-back mechanism work for an OFTO Build.Act in an advisory capacity, providing advice to Ofgem on how best Ofgem could design a process which would incentivise timely delivery for OFTOs - taking into full consideration reward and risk.This includes providing advice on elements of the tender process such as: the optimum timing of competitive tender process, duration of the tender process and adjustments to the existing OFTO model to facilitate an OFTO Build, for Ofgem to then build and implement the process.Provide advice support on the treatment of the Tender Revenue Stream (TRS). In particular, looking at the adjustments required to the revenue structure to accommodate shared infrastructure.Provide advice on potential changes to Codes and Standards and other industry arrangements to facilitate an OFTO Build.These areas are among those which Ofgem have identified as significant and are carrying out further stakeholder engagement on these matters. The successful tenderer will be expected to view the material and feedback Ofgem have received to date, to ensure that it has full consideration of the area's it is expected to provide advice.

Documents

Premium

Bypass the hassle of outdated portals. Get all the information you need right here, right now.

  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

    Download
  • Award Notice

    Details on the tender award and selected suppliers.

    Download

Similar Contracts

Open

ID 5623675 - DAERA - CAFRE - ESTABLISHMENT SOIL CARBON STOCKS BASELINE AT THE CAFRE FARMS

The CAFRE Soil Carbon Coring Project has been developed by technologists at CAFRE to obtain a field level baseline of soil carbon stocks, soil nutrient and carbon properties at the five CAFRE estate farms in Northern Ireland. The project will provide CAFRE with a dataset that can be used for the delivery of innovation projects and industry demonstration on the management of soil carbon stocks and soil sequestration rates across a wide array of soil types, land uses and management practices. The project objectives are to - provide a detailed accurate measurement, analysis and establishment of a dataset of soil carbon stocks on active agricultural soils and on non-active agricultural/farmland soils at an individual field and subsequent whole farm level at each CAFRE farm centres - sample, analyse and report on broad soil nutrient and carbon properties at 0 – 7.5 cm depth on grassland areas and 0 – 15 cm on arable areas at an individual field and subsequent whole farm level at each CAFRE farm centre.. CAFRE wishes to establish a contract for a Supplier to provide a stratification and sampling plan, in-field sampling, lab analysis and reporting of soil carbon stocks. In addition, the supplier will provide the provision of sampling for broad soil nutrient analysis, and soil carbon properties from across the CAFRE estate farms, which are to be analysed by NRM Cawood Laboratories. For further information please see the Specification document.

AI Bid Assistant

Our AI-powered tool to help you create winning bids is coming soon!

View Contract Source Save Contract

Timeline complete

Publish
Bid
Evaluate
Award
Complete