Award

External review of draft PR24 financial model

O F W A T

This public procurement record has 1 release in its history.

Award

28 Feb 2022 at 14:19

Award Notice
Summary of the contracting process

The procurement process is for an external review of the draft PR24 financial model, initiated by the Office of Water Services (Ofwat). This contract falls within the public utilities sector and is located in Birmingham, England. The procurement was executed through a selective method, specifically a call-off from a framework agreement, with a total contract value of £52,700. The contract period spans from 16 February 2022 to 31 March 2022. Key dates include the tender period ending on 14 January 2022, and the award published on 28 February 2022.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) that specialise in financial consultancy services, particularly those with experience in reviewing regulatory frameworks for public utilities. Businesses with the capacity to deliver high-quality analytical reports and recommendations in a timely manner would be particularly suited to compete. Engaging in this contract could facilitate further opportunities within the public sector for companies looking to expand their portfolio in regulatory compliance and financial assessment domains.

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Notice Information

Notice Title

External review of draft PR24 financial model

Notice Description

External review of draft PR24 financial model

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e2492e4-16d6-491a-8ecc-0ef034f722a5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1575d26f-4c52-43b1-bc1d-f0abf8dd3115
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

65 - Public utilities

CPV Codes

65000000 - Public utilities

Notice Value(s)

Tender Value
£52,700 Under £100K
Lots Value
Not specified
Awards Value
£52,700 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Feb 20223 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
16 Feb 20224 years ago
Contract Period
16 Feb 2022 - 31 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
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

CUBELYNX

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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