The budget value is commercially sensitive.

{
  "id": "023086-2022",
  "tag": [
    "planning"
  ],
  "date": "2022-08-19T11:01:32+01:00",
  "ocid": "ocds-h6vhtk-036040",
  "buyer": {
    "id": "GB-FTS-48692",
    "name": "Department for Business, Energy & Industrial Strategy"
  },
  "tender": {
    "id": "ocds-h6vhtk-036040",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "As part of the work to deliver net zero, BEIS is running a project to consider the future of system operation and wider governance in the energy sector. This includes creating a publicly-owned Independent  System Operator and Planner (“ISOP”) from a combination of the Electricity System Operator (“ESO”), currently owned by National Grid plc, and the planning functions from the Gas System Operator (“GSO”), which are part of National Grid Gas currently owned by National Grid plc and in the process of being sold to a consortium of Macquarie Group Ltd and British Columbia Investment Management Corporation. \nBEIS set out this position in its response to a 2021 consultation (https://www.gov.uk/government/consultations/proposals-for-a-future-system-operator-role) and has introduced the Energy Bill (https://bills.parliament.uk/bills/3311) on 6 July 2022 to give the Government the power to enact these proposals. The Energy Bill will enable the transactions into Government ownership of the ESO and the planning functions of the GSO, as well as establish the ISOP. The transactions will be a key part of a complex project that will also include setting up governance for an HMG arm’s length body, an update of the energy codes and Ofgem updating the relevant licences to reflect the ISOP.\nBEIS is looking to procure corporate finance advisors to support the Department with the transfer of the ESO and gas functions into public ownership. The scope of work will include requirements regarding valuation, deal structuring, negotiations, transaction documentation and support for the Department in preparing internal decision-making papers. \nThis is a great opportunity to support the delivery of a project with an important social value and we look forward to hearing from you to discuss further. Additional information: Evaluation criteria for the tender is being finalised, but is expected to require bidders to demonstrate relevant examples of experience working in regulated infrastructure M&A, advising clients on regulatory finance issues and working with Government on large and complex projects. It is expected to also ask bidders to demonstrate any relevant expertise of the energy sector."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ],
        "additionalClassifications": [
          {
            "id": "79000000",
            "scheme": "CPV",
            "description": "Business services: law, marketing, consulting, recruitment, printing and security"
          }
        ]
      }
    ],
    "title": "The budget value is commercially sensitive.",
    "status": "planned",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "The budget value is commercially sensitive.",
    "communication": {
      "futureNoticeDate": "2022-10-10T00:00:00+01:00"
    },
    "classification": {
      "id": "79000000",
      "scheme": "CPV",
      "description": "Business services: law, marketing, consulting, recruitment, printing and security"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-FTS-48692",
      "name": "Department for Business, Energy & Industrial Strategy",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "url": "https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy",
        "classifications": [
          {
            "id": "MINISTRY",
            "scheme": "TED_CA_TYPE",
            "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "Department for Business, Energy & Industrial Strategy"
      },
      "contactPoint": {
        "email": "mercedes.ekanem@beis.gov.uk"
      }
    }
  ],
  "language": "en",
  "description": "It is the expectation is that this contract will run until the transaction is completed, which will take place after Royal Assent of the Energy Bill. At this stage, Royal Assent is expected within the third parliamentary session during Spring/Summer 2023\nBEIS will require all tenderers to declare any potential conflict of interest when submitting their bid. In particular, tenderers should make it clear if they have, or intend to take up, any other roles in connection with any part of National Grid Plc, Macquarie Group Ltd, British Columbia Investment Management Corporation and/or their group companies. BEIS may at its sole discretion exclude tenders where there is a conflict of interest which cannot be resolved to the satisfaction of BEIS. A conflict of interest will not necessarily mean the individual or tenderer cannot work on this project; but it is vital that any interest or conflict is declared so it can be considered openly.\nAn online market engagement session to provide further information will be taking place in September 2022. To register for this, please send your contact details to: Mercedes.Ekanem@beis.gov.uk.",
  "initiationType": "tender"
}