Award

Risk and return support for CMA referrals

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

04 Feb 2021 at 12:32

Award Notice
Summary of the contracting process

The procurement process has been completed by the Water Services Regulation Authority (Ofwat) for the project titled "Risk and return support for CMA referrals." This initiative falls under the general management consultancy services category and is located in Birmingham and London, United Kingdom. The contract, with a total value of £44,000, was awarded following a direct procurement method, specifically a single tender action due to being below threshold. The contract period commenced on 12th October 2020 and concludes on 30th November 2020, with the award notice being published on 4th February 2021.

This tender presents significant opportunities for small to medium enterprises (SMEs) and voluntary community and social enterprises (VCSEs) looking to expand their services within the consultancy sector. Businesses with expertise in economic analysis, specifically concerning water regulation and pricing models, would be particularly well-suited to capitalise on future contracts in this area, enhancing their capabilities to engage in competitive bidding processes for similar consultancy work in the public sector.

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Notice Information

Notice Title

Risk and return support for CMA referrals

Notice Description

The Supplier shall provide the following Services to the Customer: Review of economic issues related to the WACC in the Competition and Markets Authority (CMA's) provisional findings report on Ofwat's 2019 Price Review in response to 4 water companies' appeal, specifically: The market and regulatory context for 'aiming up' in relation to water in the UK versus other sectors in the UK and elsewhere. Identifying the motives and overall approach including planning versus incentives, the goals and potential role and costs and benefits of aiming up versus alternatives. Additional information: For further information, please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14a1c1a5-39d4-4752-a9c3-49556b74425c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8f2189ce-9c69-4c31-934c-8ff9b04cbfad
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, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£44,000 Under £100K
Lots Value
Not specified
Awards Value
£44,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20215 years ago
Submission Deadline
10 Oct 2020Expired
Future Notice Date
Not specified
Award Date
10 Oct 20205 years ago
Contract Period
11 Oct 2020 - 30 Nov 2020 1-6 months
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
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

Supplier Information

Number of Suppliers
1
Supplier Name

BRANDON-MARETH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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