Award

External review of December 2022 PR24 financial model

O F W A T

This public procurement record has 1 release in its history.

Award

31 Jan 2023 at 10:49

Award Notice
Summary of the contracting process

The buying organisation, OFWAT, has awarded a contract for the "External review of December 2022 PR24 financial model" to Cubelynx Limited. The procurement involved business and management consultancy services, with a contract value of £50,000 in GBP. The procurement method was selective, involving a call-off from a framework agreement. The tender period ended on November 25, 2022, with the contract running from January 3, 2023, to March 31, 2023. The location of the contract is in England.

This tender presents an opportunity for SMEs in the business and management consultancy sector to compete for contracts with OFWAT. Businesses with expertise in financial modelling and consultancy services would be well-suited to participate in similar tenders. The contract awarded to Cubelynx Limited highlights the potential for smaller companies to secure public procurement contracts in the industry category of services. SMEs looking to expand their business in the consultancy sector may find future opportunities within OFWAT's procurement processes.

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Notice Information

Notice Title

External review of December 2022 PR24 financial model

Notice Description

Advise Ofwat on the appropriateness of the overall model build Review key calculations in the model and confirm that they work correctly Provide assurance that the methodology used in the model fits with Ofwat's policy requirements Provide advice on how to correct issues found with the model and to ensure it complies with best practice

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-66314884-e445-444c-af6c-a8aba51cfebb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d02188c-2aa1-4b1c-9b47-5aec6622d97a
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

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jan 20233 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
25 Dec 20223 years ago
Contract Period
3 Jan 2023 - 31 Mar 2023 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
Donna Monro
Contact Email
donnamarie.monro@ofwat.gov.uk
Contact Phone
07584339198 ext 4444

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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