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PROCUREMENT OPPORTUNITY

Benchmarking Services for OFTO Tender Rounds

Ofgem · Contract details notice on Find a Tender

Tender information last checkedLast checked 5 Oct 2026, 02:32.

Opportunity overview

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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Chatham Financial Europe Limited

Matched by number
Contract value
£302.5k
Awarded
Not supplied
Contract signed
15 Jan 2026
Including VAT
£363k
Award ID
1
Status
active
Identifier
GB-COH 04223247
Location
London, UKI41, EC2A 4NE, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
2025-011
Status
complete
Procurement Method
open
Procurement Method Details
Open procedure

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
Ofgem
Id
GB-PPON-PWXD-5991-LZZP

Identifier

Scheme
GB-PPON
Id
PWXD-5991-LZZP

Address

Street Address
10 South Colonnade
Locality
London
Postal Code
E14 4PU
Country
GB
Country Name
United Kingdom
Region
UKI42

Contact

Name
Alfie Ellis

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government
Organisation 2
Name
Chatham Financial Europe Limited
Id
GB-COH-04223247

Identifier

Scheme
GB-COH
Id
04223247

Address

Street Address
3rd Floor 86 - 90 Paul Street
Locality
London
Postal Code
EC2A 4NE
Country
GB
Country Name
United Kingdom
Region
UKI41

Contact

Roles

supplier

Details

Scale
sme
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
79212000
Description
Auditing services
Entry 2
Scheme
CPV
Id
79412000
Description
Financial management consultancy services
Entry 3
Scheme
CPV
Id
79410000
Description
Business and management consultancy services
Entry 4
Scheme
CPV
Id
66000000
Description
Financial and insurance services
Entry 5
Scheme
CPV
Id
48812000
Description
Financial information systems

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-04223247
Name
Chatham Financial Europe Limited

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
2025-011
Status
active
Has Renewal
Yes
Above Threshold
Yes
Date Signed
15 Jan 2026, 00:00

Period

Starts
19 Jan 2026, 00:00
Ends
18 Jan 2029, 23:59
Max Extent Date
18 Jan 2030, 23:59

Renewal

Description
An optional extension for this contract may be exercised by the Ofgem for up to 12-monnths until 18th January 2030 at the discretion of Ofgem

Value

Including VAT
363,000
Amount
302,500
Currency
GBP

Documents

Entry 1
Id
007656-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
28 Jan 2026, 14:44
Format
text/html

Recorded locations

  • Buyer location · London · UKI42 · E14 4PU · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 007656-2026Contract details notice on Find a Tender ·