2025-123 Insurance Advisors to OFTO team for Tender and Policy
Ofgem
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Key details
Procurement
- 66510000 Insurance services
- 66000000 Financial and insurance services
- 66518100 Insurance brokerage services
- 66519310 Insurance consultancy services
What happened
Ofgem awarded this contract to Arthur J. Gallagher Insurance Brokers Limited worth £1,000,000 on 19 Aug 2026. The contract runs until 19 Aug 2030.
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
Awarded supplier
Contact
Identifiers
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View all →External ID: cf-ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c • Added 10 September 2026