Contract Details
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
Scope of Works
This contract has been awarded to Arthur J. Gallagher Insurance Brokers Limited by Ofgem in the United Kingdom. The contract is valued at £1,000,000 and falls under the Energy sector.
About This Award
This contract award was published on 19 August 2026 via Contracts Finder (UK). The contract has been awarded to Arthur J. Gallagher Insurance Brokers Limited, work with a reported value of £1,000,000, issued by Ofgem in United Kingdom.
Sector: Energy
This award is classified under Energy. ContractAwarded.com tracks procurement awards across all major sectors, sourcing data daily from official UK and EU government portals, trade publications and global news feeds.
ℹ️ If any information in this article is inaccurate, please report it here or email hello@contractawarded.com.