# 2025-123 Insurance Advisors to OFTO team for Tender and Policy

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Ofgem](/buyers/ofgem/contract-awards)
- Contract winner: Arthur J\. Gallagher Insurance Brokers Limited
- Award value: £1,000,000
- Tender value: £1,000,000
- Award date: 19 August 2026
- Published: 10 September 2026
- Contract start: 20 August 2026
- Contract end: 19 August 2030
- Stage: awarded
- Procurement category: services
- Notice ID: 2dc6c060-7444-4ce6-88a0-322d6d8b187a-913626
- OCID: ocds-b5fd17-d9d52646-4ed2-44f1-8033-c991f328429c

## 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

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/2dc6c060-7444-4ce6-88a0-322d6d8b187a-913626)