Award

Water Resources Optimisation

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

27 Mar 2017 at 13:01

Award

20 Mar 2017 at 11:46

Summary of the contracting process

The procurement process titled "Water Resources Optimisation" is commissioned by the WATER SERVICES REGULATION AUTHORITY, located in Birmingham, England. This tender, classified under business and management consultancy services, is now complete, having been initiated with the goal of exploring optimisation decisions regarding water resource allocation for public supply. The initial tender period ended on 3 February 2017, while the contract period ran from 10 February 2017 to 28 April 2017. The successful contract was awarded to Vivid Economics Limited for a total value of £57,909.

This contract presents significant growth opportunities for businesses specialising in consultancy services, particularly those with expertise in water resource management and optimisation strategies. Firms that can demonstrate experience in developing market-based mechanisms and solutions relevant to water supply issues, especially in water-stressed areas, will find themselves well-suited to engage with future tenders of a similar nature. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, as they can offer innovative approaches to resource optimisation in this critical sector.

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Notice Title

Water Resources Optimisation

Notice Description

The objectives of the work are to: * Identify and understand the nature of optimisation decisions that take place in the allocation of water resources for the public water supply, such as number of potential water resources, role of network optimisation and interconnection required. * Understand how the nature of optimisation decisions influences the effectiveness of markets to allocate resources. * Building on the above, to set out the potential options for the allocation of water resources for public water supply. At a high level, this could include the: o status quo; o enhanced market model; and o enhanced system operator model. * For the enhanced market model, to identify options for market-based mechanisms, including a bilateral market model with bespoke arrangements between parties and a reverse auction platform - an approach which could be used for water resources around key supply nodes for water, which could be key (strategic) sources, or potentially, key network locations which can feed large areas. * To explore the extent to which the different options are substitutes, or complements to each other, their relative merits and how these approaches might work in different timescales (short v long term). This should consider whether enhanced markets could coexist with enhanced system operators. * To explore the effectiveness of the different approaches across different geographic dimensions - local, regional and national - under different water availability (such as drought, normal) conditions. In doing this, the work should explicitly consider the experience of and implications for the south east of England as an area of existing water stress alongside considering the potential impact on more marginally water stressed areas. The potential impact on areas which are potential suppliers to more water stressed areas should also be explored. * Related to the above, identify and evaluate the options for further developing these options, including assessing how to remove any barriers to implementation. * Drawing the above together, provide emerging findings for Ofwat on our development of our approach to water resources and to inform our prioritisation of policy development. The work should take account of the possibilities and constraints that exist under existing legislation but assume that the reforms noted in the background section are implemented.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e0ec94d-ea1e-4470-8009-7b6ccdd80cd7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/735b9fa5-1c1c-43d6-b1f4-06b3b947e8f2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£57,909 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20178 years ago
Submission Deadline
3 Feb 2017Expired
Future Notice Date
Not specified
Award Date
8 Feb 20179 years ago
Contract Period
10 Feb 2017 - 28 Apr 2017 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WATER SERVICES REGULATION AUTHORITY
Contact Name
Not specified
Contact Email
mailbox@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
TLI London

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

VIVID ECONOMICS

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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