Scope of Work
Categories:
Offshore Substation O&MSubmarine Cable O&MOnshore Cable O&MOnshore Substation O&MProject Management
Lifecycle Stages:
Operations & Maintenance
Quantities:1 onshore substation, 1 offshore substation
Contract Details
Client:
TC Lincs OFTO Limited
Description
Transmission Capital Services (TCS) acts as Principal Contractor to TC Lincs OFTO Limited under a managed services agreement established at financial close. TCS provides management services including asset management, operational management and financial management for the Lincs offshore transmission system. Working on behalf of the OFTO licensee, TCS coordinates and oversees independent third-party contractors that operate and maintain the offshore substation, onshore substation and export cable system, with performance-related fees linked to the availability and performance of the Lincs OFTO assets over the 20-year revenue term.