Award

Interim Regulatory Economics and Policy Advisor

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 1 release in its history.

Award

22 Dec 2017 at 17:11

Award Notice
Summary of the contracting process

The WATER SERVICES REGULATION AUTHORITY is currently conducting a procurement process for the position of Interim Regulatory Economics and Policy Advisor. This tender, initiated on 11 July 2017 with a focus on business and management consultancy services, is located in London, United Kingdom. The tender period closed on 11 September 2017, following which the award was made to PA CONSULTING SERVICES LIMITED on 21 September 2017. The resulting contract, valued at £54,250, commenced on 28 September 2017 and is set to conclude on 15 December 2017.

This procurement presents an opportunity for consultancy firms that specialise in regulatory economics and policy to engage with a significant regulatory body in the water sector. Businesses with experience in delivering consultancy services tailored to market development and strategic policy design may find this contract particularly relevant. The focus on refining wholesale price control proposals indicates an ongoing need for expertise in navigating complex regulatory environments, making this tender suitable for both small and medium enterprises as well as larger consultancy firms.

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Notice Information

Notice Title

Interim Regulatory Economics and Policy Advisor

Notice Description

On 11 July 2017, Ofwat published the draft methodology for the 2019 price review (PR19). This set out our approach to the 2019 price review, including: * the form of the wholesale price controls, recognising the opportunities for markets to play a greater role in delivering services and outcomes; * further guidance on our approach to the allocation of the Regulatory Capital Value (RCV) as part of developing new separate price controls; and * Our approach to how we will assess company business plans at PR19. Ofwat will receive consultation responses to the draft methodology on 30 August 2017. Ofwat will publish the final methodology on 13 December 2017. We are looking for an interim regulatory economics and policy advisor to help us refine our policy proposals and approach in relation to the wholesale price controls, including the impact of our approach on the future development of markets. Key responsibility and outputs Ofwats's key deliverable is publication of a robust PR19 final methodology document on 13 December 2017. The successful candidate will have an important role in refining the wholesale price control proposals in the final PR19 methodology document to ensure that they are robust, have a clear and strong strategic narrative and consistent with the four PR19 key themes of great customer service, resilience, affordable bills and innovation. The successful candidate will be required to work closely with the workstream Director and design workstream leads to deliver a robust policy decisions, supporting the development of relevant contributions for the methodology and appendices, reviewing and assessing work across the team and making recommendations as required. There will be particular focus on the price control and incentive framework where there are greater use of markets (water resources, water trading and bioresources). On 27 April 2017, Ofwat published the Economic asset valuation for the bioresources RCV allocation at PR19. Ofwat will receive submissions from the ten regional water and sewerage companies by 29 September 2017, where Ofwat will feedback to companies in January 2018. The successful candidate may be expected to provide support to the evaluation of companies' bioresources RCV allocations, depending on their skills and experience, considering the impact on the development of future markets. The candidate will need to work collaboratively in multi-disciplinary teams.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70bfef99-ab67-4b50-8b7c-85957cb530aa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d769f72-e749-4567-bd9f-06418f89169d
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

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£54,250 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Dec 20178 years ago
Submission Deadline
11 Sep 2017Expired
Future Notice Date
Not specified
Award Date
20 Sep 20178 years ago
Contract Period
27 Sep 2017 - 15 Dec 2017 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
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

PA CONSULTING SERVICES

Further Information

Open Contracting Data Standard (OCDS)

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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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