Ofgem · Awarded contract

Awarded

2025-123 Insurance Advisors to OFTO team for Tender and Policy

Awarded 19 Aug 2026

View live tenders

Awarded19 Aug 2026

Value£1,000,000.00

SupplierArthur J. Gallagher Insurance Brokers Limited

AgencyOfgem

RegionUnited Kingdom

CategoryConsultancy & Legal

Expires in 3y 10mo4y term, 5% elapsed

Awarded 19 Aug 2026Expires 18 Aug 2030

About

Ofgem is looking for expert insurance consultancy services to support decision making and policy development for a range of requirements in the Offshore Transmission Owner (OFTO) regime.

The primary responsibility of the supplier is to assist Ofgem in running an efficient tender and transaction process.

This will include preparatory work in advance of the Tender Rounds and evaluating bid submissions in coordination with other appointed financial and technical advisors.

This is to ensure that the most advantageous tender is selected.

The supplier will then proceed to the transaction stage where Ofgem will require further support to aid the process to Licence Grant (LG) and Financial Close (FC).

Effective transfer of knowledge on each stage of the process along with general advice on lessons learned is also required

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