Contract award · 22 Aug 2025

2025-057 Insurance Adviser for OFTO TR13

Ofgem awarded “Insurance Adviser for OFTO TR13” to Willis Limited for £74,400 on 22 Aug 2025.

Financial & insurance servicesLondon

BuyerOfgem
Value £74,400
WinnerWillis Limited

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Ofgem · Body governed by public law
Value
£74,400
Procedure
Open procedure
Sector
Financial & insurance services · Insurance services (CPV 66510000)
Region
London
Timeline
  1. Contract date22 Aug 2025
  2. Published5 Sep 2025Published 14 days after the contract date

Description

Ofgem is required to run a tender exercise for all offshore transmission (OFTO) projects that qualify under the OFTO Tender Regulations 2015. The next offshore tender round - Tender Round 13 (TR13) - Ofgem is launching in September 2025. Provision of insurance consultancy support services will be crucial to ensuring that a robust tender process takes place for TR13 and without this, Ofgem will be unable to run an effective tender process for this tender round. To facilitate a robust tender evaluation process, Ofgem requires the services of the supplier on various aspects of the tender and transaction process. The supplier will provide insurance advice and support to Ofgem to ensure that the necessary insurance requirements that Offshore Electricity Transmission bidders are required to meet are reflected in the design and content of tender questionnaire criteria and documentation, are robustly evaluated in bidder submissions, and any insurance matters are managed and dealt with appropr…

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