Award

Risk and Return Advisors

O F W A T

This public procurement record has 1 release in its history.

Award

24 May 2022 at 16:04

Award Notice
Summary of the contracting process

The public procurement process titled "Risk and Return Advisors" was initiated by the Office of Water Services (O F W A T) in Birmingham, England. This tender falls under the services category of public utilities, with a procurement method defined as a single tender action below the threshold. The tender period closed on 6 May 2022, while the contract awarded on 12 May 2022 is set to run until 31 March 2025. The contract is valued at £60,000 and aims to provide risk and return advice.

This opportunity is particularly suitable for small and medium-sized enterprises (SMEs) specialising in risk management and economic advisory services. Businesses that offer expertise in public utilities and can deliver tailored risk assessment and economic strategies will find this contract aligns well with their services. Engaging with O F W A T can provide these businesses with not only a revenue stream but also the potential for establishing a long-term relationship with a prominent regulatory authority in the water sector.

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Notice Information

Notice Title

Risk and Return Advisors

Notice Description

Risk and Return Advice

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14414aad-874a-472b-97fb-dedfb6246459
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/99c8c0ed-2ec0-4834-89f7-390f7076a330
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

65 - Public utilities

CPV Codes

65000000 - Public utilities

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 May 20223 years ago
Submission Deadline
6 May 2022Expired
Future Notice Date
Not specified
Award Date
11 May 20223 years ago
Contract Period
11 May 2022 - 31 Mar 2025 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
O F W A T
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
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

EVERSDEN ECONOMICS

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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