# Derivative and Financial Instrument Benchmarking Adviser Offshore Tendering

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Tender value: £130,000
- Published: 11 May 2018
- Planned start: 18 June 2018
- Planned end: 17 June 2021
- Stage: open_tender
- Procurement category: services
- Notice ID: 64ce3da3-02cb-4320-b2b5-92438c83d341-215769
- OCID: ocds-b5fd17-6641b862-c592-49ac-b660-7af4969db60e

## Description

The Adviser shall provide expert advice on the hedging process up to and at Financial Close \(FC\) on Tender Round 5 and Tender Round 6\. This shall include negotiation with hedge provider\(s\), pricing, and benchmarking of the relevant hedge structures or provide reviews on structuring, including selection of the underlying GILT or interest rate, and support at FC to facilitate pricing of any public bonds that are being put in place, and will liaise directly with Ofgem on any issues identified\.

## Related contract awards

- [2025-121 Qualitative Research Call-Off Contract](/contracts/ocds-b5fd17-e4eed6b9-d1fc-4efb-9e07-3c184624a453): Ofgem
- [2026-021 Econometrics and Economic Analysis](/contracts/ocds-b5fd17-08489271-ee5e-48b1-a58c-71f409345538): Ofgem
- [2026-026 Cost Allocation and Recovery Review Deliberative Research](/contracts/ocds-b5fd17-46f9d908-8f75-418d-9160-cc8ca6e6fe41): Ofgem

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/64ce3da3-02cb-4320-b2b5-92438c83d341-215769)