2025-057 Insurance Adviser for OFTO TR13

Concepts

• insurance services
• liability insurance
• professional liability insurance
• risk management insurance
• insurance consultancy
• ofto tr13
• tr13
• ofto
• the ofto tender regulations
• insurance consultancy support services

Location

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.

Award Detail

CPV Codes

• 66510000 - Insurance services
• 66513000 - Legal insurance and all-risk insurance services
• 66516000 - Liability insurance services
• 66516500 - Professional liability insurance services
• 66517300 - Risk management insurance services
• 66519100 - Oil or gas platforms insurance services
• 66519310 - Insurance consultancy services

Indicators

• Contract is suitable for SMEs.

Other Information

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 appropriately. The primary responsibility of the supplier will be to advise and assist Ofgem in evaluating the insurance related aspects of bid submissions to ensure that the appropriate bidder can be appointed successfully. This will include advice on the suitability of the bidders' insurance strategies and associated financial and commercial arrangements; and assessment of prevailing insurance market conditions and wider market conditions which may be comparable. Support from the supplier with preparatory work in advance of TR13, up to and including the appointment of Preferred Bidders (PB) for each project (with the possibility of some work required for enabling Licence Grant (LG) and Financial Close (FC)) is expected. NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided https://www.mytenders.co.uk/search/show/search_view.aspx?ID=SEP170228