Award

Asset Management Policy Support

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

11 Mar 2021 at 11:43

Award Notice
Summary of the contracting process

The contract titled "Asset Management Policy Support" has been awarded by the Water Services Regulation Authority (Ofwat) to Ove Arup and Partners Ltd. This procurement process falls under the general management consultancy services category and took place in the West Midlands and London, United Kingdom. The contract, initiated through an open procedure below threshold, has a total value of £49,975 and a contract period running from 2nd December 2020 to 31st May 2021. The tender period concluded on 16th November 2020, with the award published on 11th March 2021.

This tender presents significant opportunities for businesses specialising in management consultancy, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies capable of providing strategic insights and evaluation regarding asset maturity frameworks would be especially well-suited. The successful delivery of services focusing on asset health policies, stakeholder engagement, and robust data-driven decision-making can contribute positively towards enhancing asset management in the water industry, ultimately fostering business growth in these areas.

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Notice Information

Notice Title

Asset Management Policy Support

Notice Description

The Supplier shall provide the following services to the Customer: To co-create, apply and evaluate our asset maturity framework with the water industry in England and Wales, and evaluation of company self-assessment using these frameworks. The work is expected to run in 2 stages: Stage 1 covers collaborative design and Stage 2 covers evaluation. The Supplier shall provide the following deliverables to the Customer as part of the Services: Deliverables 1, 2 and 3 The coverage of the asset maturity questionnaire is subject to further development and iteration with the sector. 1. Asset health policy and strategy: the existing asset management framework (policy and strategy) and associated terminology used within companies. 2. Line of sight between asset health and outcomes: how asset group performance and failure are linked to asset health outcomes and metrics, thus understanding the impact of failures and the benefit of managing these assets. 3. Asset health data: Understand asset group inspection and monitoring regimes, ensuring appropriate data (quality data of sufficient detail, history and frequency) is available for robust asset management decision-making. 4. Processes and systems for monitoring asset health: how asset health risks and performance are monitored through a package of metrics. Understand how collected data and available methods inform these metrics. 5. Investment planning and decision making how investment planning and decision-making tools and systems are used to find an adequate balance between risks, costs and performance over the long and the short term (across all asset groups). 6. Stakeholder and customer engagement how customers and stakeholders are engaged to understand the value that they place on asset health and resilience. 7. Assurance and reporting: Understand the existing corporate processes, systems and structures available to oversee and manage asset health/resilience risks and performance. 8. Asset health capability and continuous improvement how companies seek to continuously improve their asset management capability by promoting non-conformity, collaboration and innovation. Specifically the supplier will be expected to: 1. Review the draft maturity assessments and highlight any gaps /issues. 2. Advise on usability and ability to secure consistent output to aid comparability between companies. 3. Advise on data sets that could underpin company self-assessment. 4. Produce a refined maturity assessment for use in the sector. Make recommendations on potential next steps for the sector to strengthen maturity based on the insight gained. 1. Draw insight based conclusions from the submissions, including policy considerations for companies and regulators. 2. Identify and propose modifications to the maturity assessment in light of the first round of submissions for agreement by Ofwat. 3. Reshape the maturity assessment. 4. Any views / recommendations that the supplier has would be welcomed. Additional information: For further information, please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2c28776a-ab72-468f-baf9-9aa98f9bbe02
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/abaf2656-f1bd-4d44-b642-e40f8381bd97
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (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
£49,975 Under £100K
Lots Value
Not specified
Awards Value
£49,975 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20214 years ago
Submission Deadline
16 Nov 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
2 Dec 2020 - 31 May 2021 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 (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

OVE ARUP AND PARTNERS

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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