Award

PROC.0226

O F W A T

This public procurement record has 1 release in its history.

Award

15 Apr 2026 at 11:19

Summary of the contracting process

The procurement process led by O F W A T, titled "Price Review Engineering Consultancy Support", is focused on the financial consultancy sector, specifically involving financial transaction processing and clearing-house services. The procurement method was selective, utilising a call-off from a framework agreement. The process has reached the award stage, with contracts awarded to Mott MacDonald Limited and Turner & Townsend Infrastructure Ltd, both effective from 13 March 2026 to 31 March 2028. This process is strategically located across regions in England and Wales, with a total contract value of £1,500,000 GBP, divided equally between the two suppliers. Key timelines include the tender period's closure on 1 March 2026.

This tender offers substantial opportunities for large-scale consultancy firms specialising in financial consultancy and engineering support services. Given its focus on delivering policies related to Price Review determinations, businesses with robust capabilities in delivering assurance and assessments will find this tender particularly lucrative. Companies well-versed in offering such in-depth consultancy support in both England and Wales can leverage this procurement to expand their operations and demonstrate their commitment to driving impactful regulatory outcomes. Such firms will benefit from establishing or maintaining relationships with a key sectoral buyer, namely, O F W A T.

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How relevant is this notice?

Notice Title

PROC.0226

Notice Description

As we progress with the implementation of PR we require additional resources and support to deliver the policies in our Final Determinations. This includes delivery assurance on PR and holding companies to the commitments in their determinations as well as support on in period assessments.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8d881305-0e13-4444-94e0-61224f78d79d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a7754856-66ea-439c-93bd-8bd1b88b6e14
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£750,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Apr 20261 weeks ago
Submission Deadline
1 Mar 2026Expired
Future Notice Date
Not specified
Award Date
5 Mar 20261 months ago
Contract Period
13 Mar 2026 - 31 Mar 2028 2-3 years
Recurrence
Not specified

Notice Status

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

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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England), TLL Wales

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
2
Supplier Names

MOTT MACDONALD

TURNER & TOWNSEND INFRASTRUCTURE

Further Information

Notice Documents

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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