Award

Business Cycle and Process

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

27 Mar 2017 at 13:04

Award Notice
Award

20 Mar 2017 at 11:57

Award Notice
Summary of the contracting process

The Water Services Regulation Authority has completed a tender titled "Business Cycle and Process," aimed at procuring consultancy services in corporate governance and business cycles. This open procurement process commenced with a tender period that ended on 7 February 2017, with the awarded contract valued at £55,936. The services will be delivered across various locations in the West Midlands and London, with an initial contract period running from 16 February to 30 September 2017. The first phase of work is expected to be completed by 28 April 2017, followed by a possible extension based on performance.

This tender presents significant opportunities for consultancy firms specialising in governance frameworks and process improvement, particularly those that can demonstrate expertise in developing business cycle maps and associated controls. Small and medium-sized enterprises (SMEs) with a strong background in management consultancy services will find this project well-suited for competition, especially if they can provide innovative solutions that align with public sector governance requirements.

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Notice Information

Notice Title

Business Cycle and Process

Notice Description

We are looking to work with an expert provider in corporate governance and business cycles. Phase 1 The scope of the work is to develop a business cycle map by: i) Carrying out a review of relevant documents (e.g. Board Rules of Procedure, Ofwat governance framework, UK codes on governance, government guidance, best practice). ii) Produce a robust business cycle map which is easy to understand and update, and can be made readily available across our business and identifies owners for each activity in the business cycle map. iii) Once the business cycle has been developed, set out what processes/controls should be in place at key points along the cycle that provide further assurance of delivery of key components that make up the map. Some of these processes/controls may or may not already be in place. We expect the suggestions to be the most efficient and effective that can be utilised and include the public sector governance controls that need to be in place. iv) Carrying out a review of the Ofwat assurance map (our high level control environment) to ensure it aligns with the developed business cycle map. We expect that Phase 1 work will be delivered by 28 April 2017. Phase 2 Following the successful delivery of Phase 1, we may extend the project with the successful Supplier. This will be dependent on what is delivered in Phase 1 and the scope will be discussed in more detail following delivery of Phase 1. This work will be charged at the same day rate as Phase 1. This will include: i) Reviewing current processes and controls for the events within the business cycle and provide a view on whether our processes and controls are appropriate and a view on whether any processes or controls can be streamlined to reduce unnecessary burden. ii) Identify any gaps in process/controls associated with the business cycle map and provide recommendations as to what we should include when filling those gaps. We expect that Phase 2 work will carry on from the end of Phase 1 and should be completed by 30 September 2017. The outcome of Phase 2 should be a report which sets out recommendations for providing continual and firm assurance that relevant business cycle process/controls are in place and effective, whilst at the same time testing the level of burden and seeking to reduce this wherever possible. The outcome should provide further assurance for the production of the governance statement in our annual report and accounts.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a3317f7e-40d1-4ecd-983a-6595a9ca4c60
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8038551a-bd3a-4805-9a65-e67d81ddc8ca
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

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
£55,936 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20178 years ago
Submission Deadline
7 Feb 2017Expired
Future Notice Date
Not specified
Award Date
13 Feb 20179 years ago
Contract Period
16 Feb 2017 - 30 Sep 2017 6-12 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
TLG West Midlands (England), TLI London
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS LLP UK (PWC

Further Information

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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