Benchmarking Services for OFTO Tender Rounds

Published facts

What the notice says

Buyer

Ofgem

Published status

complete

Latest release reference

007656-2026

CPV codes

Common Procurement Vocabulary (CPV) codes: 48812000, 66000000, 79212000, 79212100, 79410000, 79412000

Published tags

award, contract

Latest record Bidwake loaded from this source

27 Aug 2026

The OFTO team requires a benchmarking advisor to provide support on OFTO transactions and ensure that the most competitive pricing of any financial instrument is achieved at financial close. The supplier will need to demonstrate that a clear and transparent process is followed in arriving at this pricing. The Supplier shall provide expert advice on the hedging process up to and at FC on projects that take place over the life of the contract. These projects are likely to fall within Tender Round 10 (TR10), Tender Round 11 (TR11), Tender Round 12 (TR12) and Tender Round 13 (TR13). Please note that there is an option to extend this work to Tender Round 14 (TR14), however, the scope of this tender round is not yet defined.

Open the official Find a Tender notice

Observed notice trail

How the published record developed

Events follow the publisher date where one is available. “Seen by Bidwake” is the date this service first found the record.

1. Planning notice observed

   16 Apr 2025

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

   Record references

   Release reference

   015438-2025

   Published tags

   planning

2. Tender notice observed

   9 Jul 2025

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

   Record references

   Release reference

   038707-2025

   Published tags

   tender

3. Award notice observed

   6 Oct 2025

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

   Record references

   Release reference

   062382-2025

   Published tags

   award, contract

4. Award notice observed

   28 Jan 2026

   Latest variant observed by Bidwake on 16 Jul 2026.

   Open this official Find a Tender notice

Awards and suppliers

Published award and contract facts

• Benchmarking Advisor Services for OFTO Rounds

  Buyer: OfgemSupplier: Chatham Financial Europe Limited

  End date in notice

  18 Jan 2029Date from the linked contract

  Value shown in notice

  £302,500Value from the linked contract

  Official source

  Open the official Find a Tender notice for Benchmarking Advisor Services for OFTO Rounds

  About this figure

  • This figure comes from the linked contract record. Overall totals continue to use the separately published award value.
  • The values published for the award and the linked contract do not agree, so Bidwake keeps them separate.
  • The dates published for the award and the linked contract do not agree. A contract end date is shown only when the linked records agree.

  View record references

  Source

  Find a Tender

  Award or lot reference

  1

Related evidence

Published terms and linked processes

• Renewal information is statedLot 1

  The option to extend for up to 2 x 12 month periods until 24th August 2030

  Published 16 Apr 2025.Open supporting notice 015438-2025
• Renewal information is statedLot 1

  The option to extend for up to 1 x 12 month periods until 10th September 2029

  Published 9 Jul 2025.Open supporting notice 038707-2025
• Recurrence is statedWhole tenderRepeated in 2 notices; the most recent statement is shown.Published 9 Jul 2025.Open supporting notice 038707-2025

No exact source-published process relationship was found.