Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Ofgem · Body governed by public law
- Supplier
- Arthur J. Gallagher Insurance Brokers Limited SME
- Value
- £1,000,000
- Procedure
- Open procedure
- Sector
- Financial & insurance services · Insurance services (CPV 66510000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date19 Aug 2026
- Published10 Sep 2026Published 22 days after the contract date
Description
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
About the supplier
Arthur J. Gallagher Insurance Brokers Limited: every public contract they have won, plus their Companies House record (company SC108909).