Award

RAPID 2 x Interim Junior Economists

O F W A T

This public procurement record has 1 release in its history.

Award

12 Oct 2022 at 22:40

Award Notice
Summary of the contracting process

The buying organization is OFWAT, based in Birmingham, England. They have awarded a contract for the provision of 2 interim junior economists for the RAPID cluster, focusing on water supply projects. The tender title is "RAPID 2 x Interim Junior Economists." The procurement method was selective, with a call-off from a framework agreement. The contract value is £87,000 GBP, with a tender period ending on 22nd November 2021 and a contract period from 7th December 2021 to 1st March 2022.

This tender by OFWAT presents an opportunity for businesses in the services industry, particularly those offering personnel supply services. Small and medium-sized enterprises (SMEs) are encouraged to consider competing for this contract. Businesses with expertise in economic analysis, policy development, and regulatory frameworks related to water supply infrastructure would be well-suited to engage with OFWAT in shaping the commercial and regulatory aspects of large strategic water projects.

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Notice Information

Notice Title

RAPID 2 x Interim Junior Economists

Notice Description

Preference is to have 2 candidates from the same Supplier for ease of contract management but if not possible then will consider one from each Supplier. We would like to engage 2 interim junior economists for the RAPID cluster, shaping the commercial and regulatory frameworks for large strategic water supply projects such as new reservoirs and large-scale water trades between companies. This is an area where Ofwat is working in partnership with quality regulators and other Government bodies. Role expectations The development of nationally significant water supply infrastructure is a positive step towards ensuring resilient supplies of water. This requires new and innovative thinking around the way that we regulate water supply infrastructure. You will be responsible for: * Contributing to the development of the policy framework for how we regulate infrastructure projects under different commercial models to encourage the long-term development of water supply options; * Taking the lead on areas of the policy framework including the preparation of policy papers; * Preparing elements of the RAPID major consultation document due for publication at the end of 2021; * Providing economic analysis and advice to the RAPID commercial and regulatory team. We need highly motivated interim junior economists to help RAPID shape the commercial, regulatory and institutional arrangements that will have a tangible and meaningful impact on society for many generations to come. The successful candidates are expected to have a strong foundation in technical economic skills. The successful candidates will have excellent written and oral communication skills, policy development skills, and the ability to deliver against challenging deadlines. You will have a significant degree of autonomy and responsibility. You are expected to be a self-starter and to exercise your judgement responsibly in line with our strategy and ways of working. You will use your well-developed ability to communicate persuasively and engage with stakeholders, both internally and externally, including explaining economics concepts and thinking to non-technical audiences. These roles would suit junior economists seeking to apply their skills to a high profile and fast-developing area. Some of the key areas of work include: * Preparing elements of the RAPID major consultation due for publication by the end of 2021. * Leading on areas of the policy framework including drafting of policy papers. * Supporting the development of wider regulatory and commercial frameworks to support large scale multi-party infrastructure development. * Providing wider support of the RAPID team in delivering its forward programme and the interactions with other Ofwat clusters (primarily Performance and Outcomes and Company Performance and Price Reviews).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3a7f6c2c-d037-4752-aec5-2919909dbcb4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1442afb6-3077-4164-8dd9-4984eaecda68
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

79620000 - Supply services of personnel including temporary staff

Notice Value(s)

Tender Value
£87,000 Under £100K
Lots Value
Not specified
Awards Value
£87,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Oct 20223 years ago
Submission Deadline
22 Nov 2021Expired
Future Notice Date
Not specified
Award Date
2 Dec 20214 years ago
Contract Period
7 Dec 2021 - 1 Mar 2022 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
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
TLI London
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

MICHAEL PAGE INTERNATIONAL RECRUITMENT

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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