Award

Independent advice on the introduction of B-Mex into the Business Retail Market

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

15 Nov 2021 at 17:38

Award Notice
Summary of the contracting process

The procurement process involves the Water Services Regulation Authority (Ofwat) seeking independent consultancy services titled "Independent advice on the introduction of B-Mex into the Business Retail Market." This tender falls under the category of general management consultancy services and is aimed at improving the end customer experience within the Business Retail Market. The contract is currently active, with a value of £63,312.50. The contract period is from 18th January 2021 to 31st March 2021, and the tender was completed with the award notice published on 15th November 2021.

This opportunity can benefit small and medium-sized enterprises (SMEs) that specialise in management consultancy, particularly those experienced in market regulation and incentive design. As the contract entails assessing key policy issues for wholesaler incentives, businesses with a strong analytical background and expertise in customer experience improvements would be well-suited to compete for similar future tenders. The successful supplier, European Economic Research Limited, exemplifies the type of company that can thrive in this space.

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Notice Information

Notice Title

Independent advice on the introduction of B-Mex into the Business Retail Market

Notice Description

The Supplier shall provide the following services to the customer, particularly focussed on: 1) Whether a B-MeX type incentive could - in principle - effectivelyincentivise wholesalers to improve their services in a way that improvesthe end customer experience, given that business retailers areresponsible for providing the main customer interface; and 2) Identification and assessment of key policy issues that need to beconsidered in the detailed design of a B-MeX type incentive. Additional information: For further information, please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-98332e0e-94b4-426e-9c3f-b5aa9b1547e0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc1dd8ed-65a6-443b-a5b1-97d252ae1f93
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 (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£63,312 Under £100K
Lots Value
Not specified
Awards Value
£63,312 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20214 years ago
Submission Deadline
8 Jan 2020Expired
Future Notice Date
Not specified
Award Date
17 Jan 20215 years ago
Contract Period
18 Jan 2021 - 31 Mar 2021 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 (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

EUROPEAN ECONOMIC RESEARCH

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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