Revenue Term Policy Review & Marketing and Investor Engagement Support
This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
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.
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- OCID
- 085244ba-10ff-40eb-aa04-1fabef532f4b
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- MT231124
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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