Tender

Board Effectiveness Review

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Tender

26 Nov 2018 at 17:45

Tender Notice
Summary of the contracting process

The Water Services Regulation Authority (Ofwat) is currently undertaking a procurement process titled "Board Effectiveness Review". This initiative falls within the auditing services category and is taking place in the regions of West Midlands and London, United Kingdom. The procurement method used is an open procedure, and the tender period is set to conclude on 13 December 2018. The contract is expected to span from 14 January 2019 to 25 March 2019, with a total value of £41,000, and a minimum value of £35,000.

This tender represents an excellent opportunity for small and medium-sized enterprises (SMEs) specialised in auditing services to expand their business footprint. Companies with expertise in board reviews, risk assurance, and governance are particularly well-suited to compete for this contract, which aims to assess the effectiveness of Ofwat's Board and its principal committees. Engaging in this procurement process could not only enhance their portfolios but also establish long-term relationships with a key regulatory authority in the water services sector.

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Notice Information

Notice Title

Board Effectiveness Review

Notice Description

The purpose of this project is to undertake a review of Ofwat's Board effectiveness and the effectiveness of the Audit and Risk Assurance Committee (ARAC) and the Remuneration and People Committee (RemCo) as the principal active Board Committees.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0390f791-0fb6-4d87-86c8-768885acf573
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bac6140e-1a65-4735-b885-b25319de9cf8
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£41,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20187 years ago
Submission Deadline
13 Dec 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
14 Jan 2019 - 25 Mar 2019 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WATER SERVICES REGULATION AUTHORITY (OFWAT)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England), TLI London
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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