2025-123 Insurance Advisors to OFTO team for Tender and Policy

Ofgem

Published: Sep 10, 2026

Updated: Sep 11, 2026

Source: uk_contracts_finder

This tender has been awarded

Awarded to Arthur J. Gallagher Insurance Brokers Limited — £1,000,000

Browse open Finance & Banking tenders in United Kingdom

About This Opportunity

This is a services contract in the finance and banking sector, with a focus on Insurance. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 1.0 million.

Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

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. CPV: Insurance services (66510000). Procedure: Open procedure. Suitable for SMEs

Data provenance

This notice is sourced from UK Contracts Finder and was originally published on September 10, 2026. Last refreshed today. Reference: MT238115. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Ofgem

Ofgem has issued 99 procurement notices on BidsFactory, including 0 currently open and 80 awarded contracts. Activity concentrates in Information & Communication Technology, Governance & Public Administration, and Consulting. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: September 11, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference MT238115 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to Arthur J. Gallagher Insurance Brokers Limited. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Ofgem in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

Arthur J. Gallagher Insurance Brokers Limited was awarded the contract for £1,000,000. The figure reflects the value disclosed by the contracting authority in the award notice.