Award

Joint exercise with PR24 and P&O

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

17 Feb 2021 at 14:22

Award Notice
Summary of the contracting process

The procurement process, initiated by the Water Services Regulation Authority (Ofwat), focuses on a contract titled "Joint exercise with PR24 and P&O" under the management consultancy framework (RM6008). This tender, classified within the general management consultancy services industry (CPV code: 79411000), aims to support policy roles in shaping the 2024 price review and enhancing regulatory frameworks. The procurement method employed is selective, with a value of £325,462 and an anticipated contract period from 21 December 2020 to 31 March 2021. The procurement stage is now complete, following an end date for the tender period on 24 November 2020, and covers delivery locations in West Midlands and London.

This contract presents significant opportunities for consultancy firms specialising in policy support and regulatory compliance, particularly those with expertise in the water sector. Businesses that offer strategic regulatory advice and have experience with price control mechanisms would be well-positioned to compete. The roles are also suitable for SMEs and voluntary community sector enterprises, making this an inclusive opportunity for smaller organisations seeking to engage with governmental procurement processes.

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Notice Information

Notice Title

Joint exercise with PR24 and P&O

Notice Description

CCS Framework - Management Consultancy Framework 2 - RM6008 - Lot 4 - Strategic Regulatory Advice Ofwat sought up to 9x policy support roles across the two clusters. PR24 and beyond This cluster of work will shape and design the 2024 price review (PR24) and beyond to accelerate progress towards our long term goals for the sector. Performance & Outcomes The cluster will deliver the best outcomes for customers, society and the environment by driving improvements in company performance informed by intelligent monitoring, and developing and implementing regulatory policy through a variety of tools and relationships. These roles will be intended to provide Principal-level support within the two clusters nature of our work and Ofwat's need to be responsive and flexible, there is the potential for this role to focus on another aspect of work within the two clusters (in discussion and agreement between Ofwat and the successful Supplier). As a result we are looking for transferable skills that could suit multiple policy areas across the regulatory discipline. Key Deliverables and Outputs PR24 design The PR24 design workstream will cover a wide range of issues including: simplification and scope of price review, design of the price controls, role and use of incentives and role and facilitation of markets. Other work that we might potentially need assistance with is the review of the 2014 price review and support to the development of our approach to individual building blocks of the price control such as cost assessment, outcomes and risk and return. OR Performance & Outcomes - Company Engagement The engagement function in our Company Performance Monitoring and Engagement Team plays a key role in this by bringing together internal and external information on water companies. The role will help us to collate this information from new and existing sources, and then to use this to provide the insights to enable us to identify the engagement approach and the regulatory tools to use to influence behaviour and drive improvement in performance. Performance & Outcomes - Covid-19 Our work on Covid-19 is very urgent. Companies are pushing hard for changes to our regulatory framework and assessment. Any decision to change, or not change our approach, could have significant financial consequences for customers and companies. The timing of these decisions are important, early decisions and signals we send to companies will influence how they behave and react and ultimately the service that customers receive. Some of the areas in question, such as consumption of water are central to the long-term resilience of water supplies in England and Wales. We need to properly consider the evidence and understand the potential implications of the decisions on issues such as this. We need to understand the issue and push back as we need to now. Additional information: For further information, please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4566b207-19fe-4338-91e2-2268743f45ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6de5e1b1-71da-428f-a676-9bccee370d8e
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, VCSE
Awardee Scale
Large, 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
£325,462 £100K-£500K
Lots Value
Not specified
Awards Value
£325,462 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Feb 20215 years ago
Submission Deadline
24 Nov 2020Expired
Future Notice Date
Not specified
Award Date
18 Dec 20205 years ago
Contract Period
21 Dec 2020 - 31 Mar 2021 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
2
Supplier Names

FTI CONSULTING

OVE ARUP & PARTNERS INTERNATIONAL

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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