Crown Estate makes Round 4 changes in response to COVID-19

The Crown Estate

The Crown Estate has announced a new timeline for Round 4 of its offshore wind leasing programme in response to the COVID-19 pandemic. Round 4 is expected to facilitate the installation of at least 7 GW of new offshore wind capacity off the coasts of England and Wales.

The Crown Estate has confirmed that the opening of the Invitation to Tender (ITT) Stage 1 will take place  during the week commencing 30 March 2020. It has extended  the period for ITT Stage 1 submissions from 7 to 10 weeks, to afford bidders additional time to respond.

Furthermore, it is retaining the 11 week period for ITT Stage 1 assessment, as set out in the Information Memorandum. The Crown Estate envisages that ITT Stage 2 will commence in the second half of September 2020, with the commencement of the Bidding Cycles in October.

A spokesperson for The Crown Estate said: “We are responding to the fast changing COVID-19 situation in the context of the Round 4 leasing programme, mindful of both the health and wellbeing of everyone involved and the need to ensure all bidders are treated fairly.

“Our considered adjustments to some timings will help to allow additional time and flexibility for bidders, while ensuring minimal disruption to the overall programme timeline.

“We’ll continue to monitor the national and international situation closely and, where necessary, will provide further updates as the situation develops. In the event any further adjustments to the programme are required, we will provide as much advanced notice to bidders as possible.”