The Crown Estate has shared new detail on the proposed tender design for Round 4 offshore wind leasing, at its latest market engagement event.
During the event, The Crown Estate, which manages the seabed around England, Wales and Northern Ireland, set out its current thinking on the leasing process for Round 4, including the criteria it would assess at the ‘pre-qualification’ (PQQ) and ‘invitation to tender’ stages. These criteria are designed to help ensure a fair, balanced, and competitive tender process.
The PQQ, which assesses potential bidders’ financial strength and technical competence, uses assessment criteria such as specific financial thresholds as well as technical expertise requirements, such as project management, grid connection and consenting. The invitation to tender stage, which is the main tender assessment stage, assesses project bids submitted, and would consider compliance with tender requirements, capacity limits and project-specific financial and technical assessment. The final outcome would then be determined by the option fee proposed by the bidder, for the exclusive rights to the site.
The Crown Estate also shared further detail on additional tender parameters, such as: bidding entities and consortia arrangements, spatial aspects and an outline of the proposed agreement for lease.
This latest engagement follows a similar event with stakeholders earlier this month, when The Crown Estate revealed its work to refine the regions of seabed available for tender.
Following this event, the detailed analysis underpinning this regions refinement work has been published online. This includes a Methodology Report; GIS model outputs; associated draft Characterisation Reports; and an Interim Summary Stakeholder Feedback Report.