Financial Advisory Services for OFTO Tender Round 13
Ofgem · Awarded contract
AwardedFinancial Advisory Services for OFTO Tender Round 13
Awarded 07 Sep 2025
Awarded07 Sep 2025
Value£1,834,867.20
SupplierSmith Square Partners LLP
AgencyOfgem
RegionUnited Kingdom
CategoryConsultancy & Legal
Expires in 2y 10mo4y term, 29% elapsed
Awarded 7 Sept 2025Expires 6 Sept 2029
About
Ofgem awarded a contract to Smith Square Partners LLP for financial consultancy support services for the Offshore Transmission Owner (OFTO) Tender Round 13 (TR13).
The services include advice on market capacity, existing funding models and options, key financial parameters such as indexation policy, input to tender questionnaire criteria and documentation, evaluation of bidder submissions, and financial assessment to bring the project to close and appoint an Offshore Electricity Transmission Owner.
The contract value is £1,834,867.2.
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