AwardedAwarded 15 January 2026
Benchmarking Services for OFTO Tender Rounds
Ofgem · Local or regional public body
In brief
Ofgem awarded IT and software and consultancy work to Chatham Financial Europe Limited on 15 January 2026.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
The OFTO team requires a benchmarking advisor to provide support on OFTO transactions and ensure that the most competitive pricing of any financial instrument is achieved at financial close. The supplier will need to demonstrate that a clear and transparent process is followed in arriving at this pricing. The Supplier shall provide expert advice on the hedging process up to and at FC on projects that take place over the life of the contract. These projects are likely to fall within Tender Round 10 (TR10), Tender Round 11 (TR11), Tender Round 12 (TR12) and Tender Round 13 (TR13). Please note that there is an option to extend this work to Tender Round 14 (TR14), however, the scope of this tender round is not yet defined.
Who won
| Winner | Value | Dates |
|---|---|---|
| Chatham Financial Europe Limited (SME) 2 bids received | £302,500 | Awarded 2 October 2025 19 January 2026 to 18 January 2029 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Contract award notice · UK6, notice 062382-2025
- Contract details notice · UK7, notice 007656-2026
About the buyer
OfgemLast 12 months
Procurements
23Awards
17Suppliers it has used most for IT and software
- Apella Advisors Limited1 contract
- Cantata Limited1 contract
- Chatham Financial Europe Limited1 contract
- IQ Data Group Limited1 contract
- RELX (UK) Limited t/a LexisNexis1 contract
Similar open tenders
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- £15mframework ceiling
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From notice 062382-2025 on Find a Tender, first published 6 October 2025, last updated 28 January 2026. We last checked for changes on 28 September 2026.