Award

Risk and return support for CMA referrals

WATER SERVICES REGULATION AUTHORITY (OFWAT)

This public procurement record has 1 release in its history.

Award

04 Feb 2021 at 12:18

Award Notice
Summary of the contracting process

The procurement process for the contract titled "Risk and return support for CMA referrals" is conducted by the Water Services Regulation Authority (Ofwat). This contract falls under the general management consultancy services category and has a total value of £25,000. The procurement method used is a direct approach via a single tender action, which was completed on 5th October 2020. The contract duration is from 6th October 2020 to 30th November 2020, with related services required in both the West Midlands and London.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) to grow their business by engaging in consultancy services related to regulatory reviews in the water industry. Businesses with expertise in economic analysis, financial assessments, and regulatory frameworks would be particularly well-suited to compete for such contracts, especially given the strategic nature of the reviews addressed in the tender.

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Notice Information

Notice Title

Risk and return support for CMA referrals

Notice Description

Review of issues related to the allowed return in the CMA's provisional findings report on Ofwat's 2019 price review in response to four companies' appeals, including: Review of estimation windows for cost of capital data Total market return - comment on use of inflation, gearing assumption and volatility adjustment Equity beta - comment on estimation windows, data frequency and the gearing assumption Cost of debt - comment on the estimation window and the outperformance adjustment Aiming up - comment on the CMA's approach to aiming up and interaction with financeability Risk free rate - comment on appropriate use of parameters to calculate the risk free rate Additional information: For further information, please contact procurement@ofwat.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a4c5431e-7027-4dfb-b989-105ad6b70c73
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f074e592-892e-48db-8c13-68f1e5fbb336
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
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
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20215 years ago
Submission Deadline
30 Sep 2020Expired
Future Notice Date
Not specified
Award Date
4 Oct 20205 years ago
Contract Period
5 Oct 2020 - 30 Nov 2020 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

EVERSDEN ECONOMICS

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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