Award

Commercial and Accountancy Support in relation to procurement of a Strategic Partner to transform Support Services

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 1 release in its history.

Award

19 Oct 2017 at 15:35

Award Notice
Summary of the contracting process

The procurement process is led by the Water Services Regulation Authority (Ofwat), which is seeking a commercial accountant to support the procurement of a Strategic Partner aimed at transforming support services. The tender is titled "Commercial and Accountancy Support in relation to procurement of a Strategic Partner to transform Support Services" and falls under the accounting services category. Located in Birmingham and London, the procurement is at the Award stage, with the contract expected to be signed in January 2018, following an anticipated completion of the procurement process by Christmas. The tender period closed on 30 May 2017, indicating that the procurement method used was selective, specifically a call-off from a framework agreement.

This tender presents significant opportunities for businesses, particularly those with expertise in providing complex procurement support services, such as finance and commercial advisement. Businesses that specialise in accounting services, especially those with experience in procuring frameworks through an In Source model, will be well-suited to compete for this contract. Given Ofwat's requirement for a team comprising consultants with both junior and senior experience, small to medium-sized enterprises (SMEs) with robust financial acumen and project management skills may find a lucrative avenue for growth in this procurement process.

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Notice Information

Notice Title

Commercial and Accountancy Support in relation to procurement of a Strategic Partner to transform Support Services

Notice Description

Our aim is to appoint a single firm or company (the Commercial Accountant) to act as Ofwat's commercial advisor throughout the procurement of the Strategic Partner. Our plan is to publish the contract documents by the end of June and therefore the successful firm will need to hit the ground running. We anticipate the procurement running until Christmas with contract signature taking place in January 2018. The business case includes a procurement plan which summarises the approach we are proposing. Ofwat expects the Commercial Accountant to provide both technical financial services and commercial advice to assist Ofwat in striking the best possible deal it can. The specific services Ofwat requires includes: * Undertake/supervise the evaluation of the supplier's financial status at the Selection Questionnaire stage. * Develop an evaluation matrix for the financial aspects of the contract. * Develop a payment mechanism and cost model for the contract. * Participate in the competitive dialogue on the commercial aspects of the deal. * Undertake tender pricing evaluation. * Provide support throughout the procurement process. Ofwat is seeking a Commercial Accountant with experience of supporting complex procurements. Preferably, we are seeking experience in procuring frameworks in Support Services and ideally through an In Source model. Ofwat is looking for a Commercial Accountant with significant experience of acting for the buyer in complex procurements. It is envisaged that the Commercial Accountant will be able to provide a team of consultants with junior and senior experience to ensure that work is undertaken cost effectively at an appropriate level. Additional information: Please note that PROC.01.0161 has been incorrectly used and this procurement should have used PROC.01.0564 in all documentation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1933bf9c-927c-4ea8-9475-324fcd190d9f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf6a9712-8cc2-4507-8e02-998932377757
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79211000 - Accounting services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20178 years ago
Submission Deadline
30 May 2017Expired
Future Notice Date
Not specified
Award Date
18 Jul 20178 years ago
Contract Period
19 Jul 2017 - 19 Apr 2018 6-12 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
Contact Name
Not specified
Contact Email
procurement@ofwat.gsi.gov.uk
Contact Phone
Not specified

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

DELOITTE

Further Information

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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