Award

Innovation Fund Partner

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

30 Nov 2020 at 17:45

Award Notice
Summary of the contracting process

The Water Services Regulation Authority (Ofwat) has successfully completed a procurement process to appoint an innovation fund partner for its £200 million Innovation Fund in the water sector, aimed to be operational from November 16, 2020, to June 30, 2022. This open procedure tender, titled "Innovation Fund Partner," identified consultancy services for water-supply and waste as its primary industry category. The procurement period ended on September 23, 2020, with the awarded contract now active and valued at £4,324,006. Notably, the services are to be delivered across multiple addresses in the West Midlands and London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in consultancy services related to water management and innovation. Companies with experience in designing, implementing, and administering similar funds or competitions would be particularly well-suited to engage in this sector. Additionally, small and medium-sized enterprises (SMEs) may find opportunities to partner with Ofwat or larger suppliers like Nesta, fostering collaboration and potential growth within the burgeoning water innovation landscape.

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Notice Information

Notice Title

Innovation Fund Partner

Notice Description

Ofwat is establishing a 200 million GBP innovation fund for the water sector to be made available through a series of competitions across the period 2020-2025. We have identified the need for an innovation fund partner with experience of running innovation funds/competitions to support us in delivering the innovation fund. This tender is to procure an innovation fund partner to assist us with the design, implementation and ongoing monitoring and administration of the innovation fund.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-920c6c2a-ba01-4b82-83c1-6b4c43701266
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cff79b58-3cca-494f-9263-78cadbce3fef
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71800000 - Consulting services for water-supply and waste consultancy

Notice Value(s)

Tender Value
£4,324,006 £1M-£10M
Lots Value
Not specified
Awards Value
£4,324,006 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20205 years ago
Submission Deadline
23 Sep 2020Expired
Future Notice Date
Not specified
Award Date
20 Nov 20205 years ago
Contract Period
16 Nov 2020 - 30 Jun 2022 1-2 years
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
1
Supplier Name

NESTA

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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