# Review of the OFTO Regime

> A sourced UK public sector contract award published by Ofgem.

## Key facts

- Buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Supplier: [Smith Square Partners Llp](/suppliers/smith-square-partners/public-sector-contract-awards)
- Award value: £129,960
- Tender value: £129,960
- Award date: 18 April 2024
- Published: 17 May 2024
- Contract start: 18 April 2024
- Contract end: 17 April 2026
- Stage: awarded
- Procurement category: services
- Notice ID: ccabf29b-bfd9-4dd1-9a89-5861e4a167f8-752227
- OCID: ocds-b5fd17-51f20776-98d3-42c4-b077-c7bd94d452d8

## Description

The subject of this contract is to review the Offshore Transmission Operator \(OFTO\) Regime\. This review will be based upon the approach taken from an earlier review, conducted in 2016, which explored what benefits the first three OFTO tender rounds had delivered to consumer\. As Ofgem has now having delivered a large pipeline of subsequent OFTO transactions, and require follow-up analysis be undertaken to determine potential benefits achieved\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/ccabf29b-bfd9-4dd1-9a89-5861e4a167f8-752227)