Revenue Term Policy Review & Marketing and Investor Engagement Support

Concepts

• finance
• different revenue terms
• revenue term policy review
• investor engagement support
• tender revenue stream
• the appropriate revenue term policy
• the revenue term
• the revenue term policy
• the exact term
• marketing

Location

Description

Ofgem require consultants to conduct work related to the Revenue Term policy for the Offshore Transmission Owner (OFTO) Regime which has evolved over a series of tender rounds. Prior to Tender Round 6 TR6, the policy was a ~ 20-year Tender Revenue Stream (TRS). Since TR6, the revenue term has increased to ~ 25 years (the exact term can vary project to project). There has been a number of considerations that have impacted Ofgem's choice of the appropriate revenue term policy for OFTO, notably: the expected life of offshore windfarms; the expected technical life of OFTO assets; precedent of the revenue term in other contexts (e.g. Private Finance Initiative); the attractiveness of different revenue terms to different financing solutions. Ofgem required a study to be created that reviewed the impact of moving to a 30-year (or longer) TRS.

Award Detail

CPV Codes

• 66171000 - Financial consultancy services
• 73000000 - Research and development services and related consultancy services
• 79411000 - General management consultancy services

Indicators

• Contract is suitable for SMEs.

Other Information

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=JAN167584